Divaris Real Estate’s Charlotte Office Negotiates Transactions Totaling 7,155 Square Feet

6/30/17

Divaris Real Estate, Inc. (DRE), announced the completion of the following four leases for new and renewed commercial space in the Carolinas.

New Transactions

Fresh Chef leased 2,575square feet of retail space in the Divaris-leased and -managed Providence Plaza located at 2935 Providence Road in Charlotte, NC. Other tenants in the shopping center include: Chipotle, Massage Envy, Aqua Tots, The Little Gym, Ballantyne Nail Sa, Mezzanotte, I Love Juice, Flywheel and Staymobile. This is the third location for Fresh Chef; it currently operates two other locations in Cornelius and Mooresville, NC. DRE’s Charles Neil represented the landlord in the lease negotiations.

Michael Nguyen’s Nail Salon leased 1,500 square feet of retail space in the Divaris-leased and -managed Socastee Commons located at 5022 Dick Pond Road in Myrtle Beach, SC. The property is now 100 percent leased. Other tenants in the shopping center include: BiLo, Jackson Hewitt, Cricket Wireless, Great Wall Chinese, Socastee Spirits ABC, and Hair Studio. Neil represented the landlord in the lease negotiations.

Lease Renewal

DiMaggio’s Pizzeria renewed its lease for 1,680 square feet of retail space in the Divaris-leased and -managed Renaissance Square, located at 11146 Renaissance Drive in Davidson, NC. Other tenants in the shopping center include: Harris Teeter, Subway and Snap Fitness. Neil represented the landlord in the lease negotiations.

OneMain Financial of South Carolina renewed its lease for 1,400 square feet of retail space in the Divaris-leased and -managed North Hampton Market located at 6005 Wade Hampton Boulevard in Taylors, SC. Other tenants in the shopping center include: Target, Panera, Hobby Lobby and Dollar Tree. Neil and Diana Teitsma represented the landlord in the lease negotiations.

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 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 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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