TYSONS CORNER, VIRGINIA: Divaris Real Estate, Inc. (DRE), announced the completion of five transactions totaling 26,492 square feet of new and renewed leases in commercial properties in metropolitan Washington, D.C.

Lease Transactions

5 Star Beauty leased 18,000 square feet of retail space in Divaris-leased Riggs Plaza located at 5806 Eastern Ave. in Chillum, Maryland. Joseph Farina represented the landlord in the transaction. Other tenants in the property include Giant Supermarket, Dollar House Plus, America’s Best Wings and Metro PCS.

Potomac Nails and Spa leased 1,800 square feet of retail space in the Divaris-leased Capitol Vista located at 810 New Jersey Ave., NW in Washington, DC. Brandon Howard represented the landlord in the lease negotiations. Capitol Vista is an eleven-story 106,815-square-foot, mixed-use development site that will bring modern, affordable housing, neighborhood retail and complementary modern design to 810 New Jersey Avenue, NW.

Vocelli Pizza leased 1,200 square feet of retail space in the Divaris-leased Ashburn Square located at 20630 Ashburn Road in Ashburn, Va. Susan McGee represented the landlord in the lease negotiations. Key tenants in Ashburn Square include 7-Eleven, Studio Bleu Dance Center, School of Rock, Sterner’s Tae Kwon Do and JEI Learning Center.

Bikes & Skates leased 1,040 square feet of retail space in the Divaris-leased and -managed Hampton Ritchie Business Center located at 712 Ritchie Road in Capitol Heights, Md. Joe Farina and Tony Thur represented the landlord in the lease negotiations.

Lease Renewals

Maurice Pastries renewed its lease for 4,452 square feet of retail space located at 5702 General Washington Drive in Alexandria, Va. Christopher Saa represented the tenant in the lease negotiations.

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 31 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.