Divaris adds two new retail assignments in Roanoke area
Divaris Real Estate, Inc., based in Virginia Beach, has added two Roanoke area shopping centers to its sales and leasing portfolio. The properties total 249,000 square feet of retail space.
The largest property is Crossroads Shopping Center, a 150,000-square-foot center located on Hershberger Road Northwest in Roanoke in a shopping corridor adjacent to Towne Square and near Valley View Mall. The corporate headquarters of Advance Auto Parts is located at Crossroads. Other tenants include ALDI, Subway and National Optical.
Kmart Salem Shopping Center in Salem is a 99,000-square-foot shopping center that's for sale. It is located at 1355 West Main St. on a major shopping corridor of the Salem market. Tenants at the property include Kmart, UPS, Nail Tips, and Sally Beauty. Other retailers located close by include Lowe’s, Kroger and Walmart. Divaris described the center as “a redevelopment opportunity”with the impending closure of the 88,000-square-foot Kmart (anticipated in April). There is also 2,500 square feet of small shop space that is vacant.
The Divaris team of Sam McCoy, Brett McNamee and Ali Newton will handle both properties.