TYSONS CORNER, VIRGINIA: Divaris Real Estate, Inc. (DRE), announced the completion of four transactions totaling 15,851 square feet of new and rewed leases in commercial properties in metropolitan Washington, D.C.

Lease Transactions

Presidential Bank leased 3,812 square feet of retail space in Divaris-leased property located at 8150 Leesburg Pike in Vienna, Virginia. Joseph Farina and Christopher Saa represented the landlord in the transaction. Other tenants in the property include Pella, Peets Coffee & Tea, T-Mobile, Virginia ABC store, Cigar World, Salon Lofts and Tyson’s Art & Jewelry.

Taylor Cole Holdings leased 2,300 square feet of office space in the Divaris-leased and -managed Cross Creek Commons located at 45150 Russell Branch Parkway in Ashburn, Va. Joseph Farina and Amit Grover represented the landlord in the lease negotiations.

Lease Renewals

Lane Bryant renewed its lease for 7,000 square feet of retail space in the Divaris-leased and -managed Parkridge Shopping Center located at 10944 Bulloch Drive in Manassas, Va. Gerald Divaris and Joseph Farina represented the landlord in the lease negotiations. Key tenants in Parkridge include Kohl’s, Regal Cinemas, Old Navy, Duluth Trading Co., and Famous Footwear.

Macho Burro renewed its lease for 2,739 square feet of retail space in the Divaris-leased and -managed Stone House Square located at 12806 Shank Farm Way in Hagerstown, Maryland. Susan McGee represented the landlord in the lease negotiations. Other tenants in Stone House Square include Weis Market, Lowe’s, Subway, Great Clips and Green Turtle.

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.