Divaris Real Estate’s Charlotte Office Completes Six Transactions Totaling 43,628 Square Feet

1/13/18

Divaris Real Estate, Inc. (DRE), announced the completion of the following six transactions totaling 43,628 square feet of commercial space in North and South Carolina.

Sales Transaction

TSN Realty, LLC purchased a 34,161-square-foot, former Haverty’s furniture store located at 7515 Two Notch Road in Columbia, SC from Haverty’s Furniture Companyfor $850,000. DRE’s Diana Teitsma brokered the sale on behalf of the seller.As tenant representative for Haverty’s in the Carolinas for over ten years, Teitsma has completed transactions for the company in Greensboro, Winston-Salem, Raleigh, Ashville, Fayetteville, and Wilmington, North Carolina and Columbia, South Carolina.

Lease Transactions

Leaderboard Branding leased 2,796 square feet ofoffice space in Quail Plaza located at 7621 Little Avenue in Charlotte. DRE’s Charles Neill and Hutch Farris represented the tenant, a pharmaceutical drug marketing and branding company, in the lease negotiations.

Hair Fairies leased 620 square feetof retail space in the Divaris-leased and -managed Providence Plaza located at 2935 Providence Road in Charlotte. DRE’s Charles Neil represented the landlord in the lease negotiations. Other tenants in Providence Plaza include: Chipotle, Aqua Tots, Fresh Chef Kitchen, Poppy’s Bagels & More, The Little Gym, Massage Envy and Flywheel Sports.

Lease Renewals

Mario’s Pizza of Wendover renewed its lease for 2,698 square feet of retail space in the Divaris-leased and -managed Wendover Village located at 4217-A West Wendover Avenue in Greensboro, NC. Neil represented the landlord in the lease negotiations. Other tenants in the shopping center include: Bed Bath & Beyond, Golf Galaxy, Five Below, Moe’s Southwest Grill, Cricket Wireless, and Nails N Spa.

GameStop 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. Neil and Teitsma represented the landlord in the lease negotiations. Other tenants in the shopping center include: Target, Ross Dress for Less, Merle Norman, Office Depot, Wells Fargo, Great Clips, and Mattress Firm. South Square is fully occupied.

Manpower Group US renewed its lease for 1,253 square feet in the Divaris-leased and -managed Harper Hill Commons located at 131 Vinegar Hill Road in Winston-Salem, NC. Neil and Farris represented the landlord in the lease negotiations. Other tenants in the shopping center include: Harris Teeter, 9 Round, Score More Sports, Papa John’s and Mac N Nelli’s.

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 32 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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