TYSONS CORNER, VA (June 12, 2020) — Divaris Real Estate, Inc. (DRE), announced the completion of four transactions totaling 69,221 square feet of sold or leased retail and office space in the greater Washington, DC area.

Sale Transaction

Boulevard Medical Center, Fairfax, VA
Boulevard Medical Center, Fairfax, VA

Vikramaditya Railan purchased the 53,430-square-foot Boulevard Medical Center medical office building located 8301 Arlington Blvd. in Fairfax, Virginia from HSRE-CAPMED Fairfax PC, LLC for $4.6 million.  Joe Farina and Amit Grover represented the buyer in the transaction.

Lease Transactions

Nobel Learning Communities leased 11,500 square feet of retail space in Loudoun Station located at 43805 Central Station Drive in Ashburn, Va.  Brandon Howard represented the tenant in the lease negotiations.

Stemtree of Lake Ridge leased 2,000 square feet of retail space located at 12371 Dillingham Square in Lake Ridge, Va. Robert Gray and Tony Thur represented the tenant in the lease negotiations.

Lease Renewal

Chipotle renewed its lease for 2,291 square feet of retail space in La Plata Village Square located at 105 Drury Drive in La Plata, Md.  Joe Farina represented the landlord 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; Washington, DC; and Beverly Hills, CA.  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 and Chief Operating Officer 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.