Divaris Completes Four Leases for Over 20,000 SF in the Carolinas

11/20/16

Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the signing of four leases for a total of 20,377 square feet of new and renewed commercial space in North Carolina and South Carolina.Lease negotiations were handled by agents of the Charlotte office of Divaris Real Estate.

Safari Nation leased 16,294 square feet of retail space in South Park Shopping Center located at 3191 Peters Creek Parkway in Winston-Salem, North Carolina. Safari Nation is a place where children of all ages can jump, bounce and play in a jungle of massive inflatables. Kids enjoy an aerobic adventure that includes jungle themed obstacle courses, a zip line, slides, and bounce houses. DRE’s Jessica Peadon represented the tenant in the lease negotiations with the landlord, South Park Shopping Center, LLC.

Socastee Spirits, a liquor and wine store, renewed its lease for 1,500 square feet of retail space in the Divaris-leased and -managed Socastee Commons located at Dick Pond Road in Myrtle Beach, South Carolina. DRE’s Peadon and Charles Neil represented the landlord, Socastee Myrtle Beach, LLC, in the lease negotiations. Other tenants in the shopping center include: Bi-Lo, Great Wall, Hair Studio, and Cricket Wireless.

Mobile Store Operators leased 1,383 square feet of retail space in the Divaris-leased and -managed Patterson Place located at 3604 Witherspoon Boulevard in Durham, NC. The T-Mobile Stores, operated by Mobile Store Operators, provide their customers with the best sales and service in the wireless telecommunications industry. Other tenants in the property include: Bed Bath & Beyond, DSW, Sherwin-Williams, Kroger, Menchie’s, Panera Bread, Learning Express and Music & Arts. DRE’s Neil and Diana Teitsma represented the landlord, Patterson Place Durham, LLC, in the lease negotiations.

Dat Thanh Van leased 1,200 square feet of retail space in the Divaris-leased Parkway Village located at 3531 Parkway Village Circle in Winston-Salem, NC. The nail salon joins the current roster of tenants in Parkway Village that includes: Subway, China Kitchen, H&R Block, T-Mobile, Burger King, and Game Stop. Peadon represented the landlord, SCG-Parkway Village, LLC, 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 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.

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