Divaris Real Estate’s Charlotte Office Negotiates Transactions Totaling 5,575 Square Feet

8/11/17

Divaris Real Estate, Inc. (DRE), announced the completion of the following three leases for new and renewed retail space in the Carolinas totaling 5,575 square feet.

New Transactions

Wingstop leased 2,000 square feet of retail space in the Divaris-leased and -managed North Hampton Market located at 6019 Wade Hampton Boulevard in Taylors, SC. DRE’s Charles Neil and Diana Teitsma represented the landlord in the lease negotiations. The restaurant joins Target, Panera, Mattress Firm, Hobby Lobby, OneMain Financial and Kay Jewelers in North Hampton Market.

State Farm Insurance leased 1,475 square feet of retail space in the Divaris-leased and -managed Stevens Mill Crossing located at 7850 Stevens Mill Road in Matthews, NC. Neil represented the landlord in the lease negotiations. The insurance and financial services company joins Harris Teeter, CVS, McDonald’s, Firestone and Novant Health in Stevens Mill Crossing.

Lease Renewal

Planet Beach Tanning renewed its lease for 2,100 square feet of retail space in the Divaris-leased and -managed South Square, located at 4001 Durham Chapel Hill Boulevard in Durham, NC. Other tenants in the shopping center include: Target, Merle Norman, GameStop, Wells Fargo, Firestone and Petco. Neil and 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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