TYSONS CORNER, VA (July 17, 2020) — Divaris Real Estate, Inc. (DRE), announced the completion of three transactions totaling 9,512 square feet of sold or leased retail and office space in the greater Washington, DC area.

Sale Transaction

Former PNC Bank branch, 260 East Jefferson St., Rockville, Md
Former PNC Bank branch, 260 East Jefferson St., Rockville, Md

PNC Bank sold 5,598 square feet of mixed-use space located at 260 East Jefferson St. in Rockville, Maryland to Jefferson Realty, LLC. for $800,000. The two-story building consists of ground-floor retail and upper level office space.  Joe Farina and Amit Grover represented the seller in the transaction.  Divaris has completed dozens of transactions on behalf of PNC Bank throughout the Washington, DC metropolitan area.

Lease Transactions

Provide, LLC leased 2,864 square feet of Divaris-leased retail space located at 3007 Columbia Pike in Arlington Va.   Chris Saa and Joe Farina represented the landlord in the lease negotiations.

A+ Kids leased 1,050 square feet of retail space in Garfield Park located at 925 North Garfield St in Arlington Va.   Robert Gray, Brandon Howard, Tony Thur 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 and Raleigh, NC; Charleston, SC; 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 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 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.