CHARLOTTE, NORTH CAROLINA: Divaris Real Estate, Inc. (DRE), announced the completion of five lease transactions totaling 23,652 square feet of new and renewed commercial space in North Carolina.

Lease Renewals

Petco renewed its lease for 15,000 square feet of retail space in the Divaris-leased and -managed Wendover Village located at 4217 West Wendover Avenue in Greensboro, NC. Charles Neil represented the landlord in the lease negotiations. Other tenants in the shopping center include Costco, T.J. Maxx, Golfsmith, Bed Bath & Beyond, Rooms to Go Kids, Game Stop and Five Below.

Panera renewed its lease for 4,593 square feet of retail space in the Divaris-leased and -managed Patterson Place located at 3603 Witherspoon Boulevard in Durham, NC. Charles Neil and Diana Teitsma represented the landlord in the lease negotiations. Other tenants in Patterson Place include One Main Financial, F45 Training and Park’s Barber Shop.

Ballentyne Nail Spa renewed its lease for 1,405 square feet of retail space in the Divaris-leased and -managed Providence Plaza located at 2935 Providence Road in Charlotte. Charles Neil represented the landlord in the lease negotiations. Other tenants of Providence Plaza include: Mezzanote, Juice Bar of Charlotte, Flywheel, Massage Envy, Aqua Tots and Chipotle.

Cold Stone Creamery renewed its lease for 1,304 square feet of retail space in the Divaris-leased and -managed Wendover Village located at 4203 West Wendover Avenue in Greensboro, NC. Charles Neil represented the landlord in the lease negotiations.

Lease Transactions

Choate Construction Company leased 1,350 square feet of retail space in the Divaris-leased and -managed Providence Plaza located at 2907 Providence Road in Charlotte. Charles Neil represented the landlord in the lease negotiations. Choate is expanding its space within the building. Other tenants of Providence Plaza include: Burley Dentistry, Redding Tison & Jones Law Firm, Cranfill Sumner & Hartzog, LLP, Medalist Capital, WBM Designs and Divaris Real Estate.

About Divaris Real Estate

Divaris Real Estate, Inc. (http://www.divaris.com/) is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; Beverly Hills, CA; and Washington, DC. Divaris Real Estate and Divaris Property Management Corp. are divisions of The Divaris Group, an international real estate brokerage and property management company that currently manages and/or leases over 30 million square feet of prime office, retail and industrial space from New Jersey to Florida. Gerald S. Divaris is Chairman of the Board, and Michael B. Divaris is President of Divaris Real Estate, Inc.

Divaris Real Estate is a member of Realty Resources, (http://www.realtyresources.org/) a national group of independent retail property brokers and managers, covering 91 major markets throughout the U.S. DRE is also the Virginia affiliate for The CORE Network, (http://www.corenetworkcre.org/) a national group of office and industrial brokers with affiliates throughout the U.S., Canada, Mexico, Asia and Europe. These organizations represent corporate and institutional clients, tenants and buyers in all aspects of leasing, development, management, sales and acquisitions.

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