Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced the completion of two leases totaling 15,007 square feet of retail space in the metropolitan Richmond region.

UFC GYM leased 11,455 square feet of retail space in Merchants Walk Shopping Center located at 7550 West Broad Street in Richmond. UFC GYM® is the first major brand extension of the Ultimate Fighting Championship®, the world leader in the sport of mixed martial arts (MMA). The UFC GYM brand gives UFC enthusiasts and fitness seekers of all ages the opportunity to practice the training techniques of famed UFC athletes. David Redmond of DRE’s Virginia Beach office represented the tenant in the lease negotiations with the landlord, Spectrum 1 Merchants LLC. Redmond represents UFC GYM in its search for new locations throughout Virginia and has been successful in securing locations for the tenant in Norfolk’s JANAF Shopping Center and the Hilltop area of Virginia Beach.

Sherwin Williams leased 3,552 square feet of retail space in Stuart’s Crossing Shopping Center at Route 1 and Virginia Center Parkway in Glen Allen, Virginia. Sherwin Williams was founded in 1866 and has over 4,100 company-operated stores and facilities worldwide. Debbie Wake from the Richmond office of Divaris Real Estate represented the tenant in the lease negotiations with the landlord, Sauer Properties, Inc. Wake represents the paint retailer in its search for new locations throughout Central Virginia. Previously, she has secured a location for Sherwin Williams in Town Hall Shopping Center in Colonial Heights.

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.