6-26-20

6A — June 26 - July 16, 2020 — Retail Development Reimagined — M id A tlantic Real Estate Journal

www.marej.com

R etail D evelopment R eimagined

DRE’s Washington DC office completes five transactions totaling 11,740 s/f Neil and Teitsma of Divaris Real Estate’s Charlotte office completes retail lease for 27,600 s/f C $159,000. Robert Gray and Tony Thur represented the seller in the transaction.

HARLOTTE , NC — Divaris Real Es- tate, Inc. (DRE) , an- nounced the renewal of a lease for retail space in Durham. Office Depot renewed its lease for 27,600 s/f of retail space in the Divaris-leased and -managed South Square Shop - ping Center located at 4001 Chapel Hill Blvd. Charles Neil and Diana Teitsma represented the landlord in the lease negotiations. In other news, DRE an - nounced the completion of five transactions totaling 11,740 s/f of sold or leased retail and

Insignia Technology Ser - vices leased 5,800 s/f of office space in the Divaris-leased Cross Creek Commons lo - cated at 45150 Russell Branch Pkwy. in Ashburn, VA. Joe Farina and Amit Grover represented the landlord in the lease negotiations. Electric Unicorn leased 2,000 s/f of retail space in the Divaris-leased Church Rd. Plaza located at 4665 Church Rd. in Sterling, VA. Gray and Thur represented the landlord in lease negotiations. Nalu Boutique leased 1,000 s/f of retail space in the Di - varis-leased Gaitherstowne Plaza located at 206-300 North Frederick Ave. in Gaithers - burg, MD. Joseph Farina and Cassandra Maloney represented the landlord in the lease negotiations. Caliber Mortgage renewed its lease for 1,650 s/f of Diva - ris-leased office space located at 1325-1327 14th Street NW in Washington, DC. Gray rep - resented the landlord in the lease negotiations. MAREJ Bennett Williams brokers 15,380 s/f in retail leases YORK, PA — Bennett Wil - liams Commercial has ar - ranged the lease of the follow - ing transactions: 2,455 s/f retail space at Cloister Shopping Center, 95 N Reading Rd., Ephrata Bor - ough. Fulton Bank NA leased the space from Cloister As - sociates, LP. Ryan Myers of Bennett Williams Commercial represented the landlord in the transaction. 12,125 s/f retail space at Two Guys Commons, 905 Loucks Rd., York City. Oc - tapharma Plasma, Inc. leased the space from Two Guys Plaza, LLC. Abe Khan, Brad Rohrbaugh , and Chad Stine of Bennett Williams Commer - cial represented the landlord in the transaction. 800 s/f retail space at Man - chester Plaza, 4324 N George St. Extd., Manchester Twp.. Damon’s Cuts & Conversation Barber Shop leased the space from Debra and Elwood Mc - Manus. Karen Neiderer and Chris Seitz of Bennett Wil - liams Commercial represented both the tenant and the land - lord in the transaction. MAREJ

23221 Stringtown Rd.

4001 Chapel Hill Blvd.

office space in the greater Washington, DC area. MP of Clarksburg LLC, do -

ing business as Manhattan Pizza, purchased 1,290 s/f of retail space in Highlands at

Clarksburg located at 23221 Stringtown Rd. in Clarksburg, MD from Pizza 500, LLC for

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