WASHINGTON, DC: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced three leases totaling 5,713 square feet of retail space in the metropolitan Washington DC market. All negotiations were handled through the Tysons Corner, Virginia office of DRE.
Beauty Systems Group leased 2,800 square feet of retail space in the Divaris-leased Laurel Glen Shopping Center located at 45315 Alton Lane in California, Maryland. A division of Sally Beauty, Beauty Systems Group (BSG) is a network of stores and professional sales consultants selling exclusive professional salon brands to licensed beauty professionals. The landlord, Shanri Holding Corp., was represented by DRE’s Susan McGee. Other tenants in the shopping center include Food Lion and Advanced Auto.
Sweet Frog Enterprises leased 1,500 square feet of space in Perry Hall Marketplace located at 9643 Belair Road in Nottingham, Md. Sweet Frog opened its first premium frozen yogurt store in Richmond, Va., in 2009 and has expanded to over 300 stores in 25 states and international locations in the Dominican Republic, Egypt, United Kingdom and the United Arab Emirates. DRE’s McGee represented the landlord, Perry Hall Maryland, LLC, in the lease negotiations. Other tenants in the Divaris-leased and –managed Perry Hall Marketplace include: Safeway supermarket and gas station, Bank of America and Great Clips.
Capital City Organics leased 1,413 square feet of retail space in the Divaris-leased property located at 3744 10th Street NE in Washington, DC. The lease was handled on behalf of the landlord, The UIP Companies, Inc., by DRE’s managing broker, Joseph Farina and Brandon Howard.
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 in excess of 26 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.