VIRGINIA BEACH, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), is pleased to announce the signing of a lease for 18,000 square feet of retail space in 5th Street Station, a 465,000 square foot shopping center located on 72 acres of land in Charlottesville, Virginia.
Lease negotiations were handled on behalf of the landlord, 5th Street Station Ventures, LLC, by Larry Agnew, Mary McGovern, Zach Means and Erica Rorrer of DRE. The lease was signed by Planet Fitness, a franchise of fitness centers based in Newington, New Hampshire, with over 500 locations nationwide. Other signed leases in 5th Street Station include Wegmans, Field & Stream, PetSmart, Panera Bread, Dick’s Sporting Goods and more.
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.