Divaris Real Estate’s Washington DC Office Completes Two Retail Transactions

Posted on March 02, 2018  /  in News Releases  /  No Comments

TYSONS CORNER, VIRGINIA: Divaris Real Estate, Inc. (DRE), announced the completion of two transactions, a sale and a lease in the greater Washington, DC metropolitan market, totaling 2,990 square feet of commercial space.

Sales Transaction

PNC Bank, Jefferson, Maryland

PNC Bank, Jefferson, Maryland

Vigario Land MD purchased a 1,890-square-foot former PNC Bank located at 3901 Jefferson Pike in Jefferson, Maryland from PNC Bank, NA for $550,000. DRE’s Joe Farina and Amit Grover represented the seller in the transaction.

Lease Transaction
Teriyaki Express leased 1,100 square feet of retail space in the Divaris-leased Wilson Plaza located at 6613 Wilson Boulevard in Falls Church, Virginia. DRE’s Charlie Webb and Farina represented the landlord in the lease negotiations. Webb and DRE’s Brandon Howard represented the tenant, as well.

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; 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 34 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.

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