VIRGINIA BEACH, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the signing of four leases for retail space in the Hampton Roads, Virginia region totaling 22,098 square feet.
Bassett Furniture leased 8,009 square feet of retail space in the Divaris-leased Marketplace at Tech Center located at 12080 Jefferson Avenue in Newport News. Mary McGovern and Erica Meekins Rorrer represented the landlord in the lease negotiations. Whole Foods will anchor Marketplace at Tech Center, the retail component of Tech Center at Oyster Point, a $250 million mixed-use development in the heart of Newport News. The master plan for Tech Center at Oyster Point includes 230,000 square feet of retail, 290 luxury apartment homes, 30,000 square feet of new specialty office space. Other retail tenants include Stein Mart, ULTA, DSW Shoe Warehouse, Five Below, BJ’s Brewhouse, PF Chang’s China Bistro, Carters, Café Rio, OshKosh B’gosh, Zoe’s Kitchen, Avalon Spa, and many more. Bassett’s blend of style, comfort and value has been trusted for more than a century and made it one of the most recognizable brands in America. Bassett currently operates more than 100 retail locations in the United States, Puerto Rico and Canada
Phenix Salon Suites leased 7,200 square feet of retail space in the Divaris-leased Landstown Commons located at 3312 Princess Anne Road in Virginia Beach. The lease was negotiated on behalf of the landlord, KRG Virginia Beach Landstown, LLC, by Divaris Real Estate’s Levi Thomson and Melinda Pezzella. Founded by a salon family with over 24 hair dressers and 75 years of salon experience, Phenix Salon Suites is one of the fastest growing salon suites concepts in the United States.
Sunrise Pizzeria leased 2,100 square feet of retail space in the Divaris-leased and –managed Newport Marketplace at 353 Chatham Drive in Newport News. Aeri Jai and David Bickford of DRE’s Virginia Beach office represented the landlord, 353 Chatham Drive Holdings, LLC, in the lease negotiations. From five locations throughout Hampton Roads, Sunrise Pizzeria serves made-to-order pizza, pasta, salads and full dinners using only the freshest quality ingredients.
Saffron Indian Bistro renewed its lease for 4,789 square feet of restaurant space in the Divaris-leased and –managed Town Center of Virginia Beach. Sezin Cortinas handled the lease on behalf of the landlord. Saffron Indian Bistro is committed to providing exceptional dining experiences. Each dish on its extensive menu is prepared combining the freshest and highest quality blend of spices and herbs with traditional methods and modern techniques to create the finest authentic Indian cuisine.
About Divaris Real Estate
Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; 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 in excess of 23 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.
