REAL ESTATE

Fresh Thyme will anchor Cress Creek in Naperville, Ill.

BY Michael Fickes

Chicago — Fresh Thyme Famers Market has leased 25,000 sq. ft. at Cress Creek Square in Naperville, Ill., from Arthur Goldner & Associates. Office Max will vacate the space, and the grocer will open in 2015. CBRE represented Fresh Thyme in the transaction.

The center also hosts Binny’s, Blast Fitness and Car Quest as well as several smaller lifestyle stores and restaurants.

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REAL ESTATE

SRS adds to its investment sales team

BY Michael Fickes

Dallas SRS Real Estate Partners has signed John topping and Robert Drake to its Southeast Investment Sales Team.

Topping joins SRS as an associate in the Atlanta office. He previously worked at Marcus & Millichap where he specialized in single tenant auto parts retailers and single tenant transactions 8,000 sq. ft. and larger in the Sandy Springs, Alpharetta, Marietta and Dunwoody markets. He also carried out investor presentations on the current standing and forecast direction of auto parts retailers in the marketplace.

Drake will come on board as an investment sales analyst in the Atlanta office. He comes to the firm from State Farm where he handled health and life insurance sales, business-to-business insurance sales and financial services sales.

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REAL ESTATE

Divaris announces leases across Hampton Roads

BY Michael Fickes

Virginia Beach, Va. — Divaris Real Estate has announced four leases totaling 29,099 sq. ft. of retail space in the Hampton roads area of Virginia.

PetSmart has taken 14,286 sq. ft. at Peninsula town Center in Hampton. As the chain’s exclusive representative in Virginia, the Richmond office of DRE represented PetSmart in the negotiations.

Ulta has signed a lease for 10,500 sq. ft. in Crossways Shopping Center in Chesapeake. DRE’s Virginia Beach office represented the landlord, JLP-Chesapeake in the transaction.

Noodles and Company will occupy 2,813 sq. ft. on an outparcel at Patrick Henry Mall in Newport News. DRE’s Virginia Beach office handled this transaction, too.

Taco Bell will move into a 1,500-sq.-ft. space at College Parkway Crossing at Harbour View in Suffolk. DRE’s Virginia Beach office represented Taco Bell in the negotiations.

Divaris Real Estate, Inc. is headquartered in Virginia Beach, Va., with offices in Newport News, Norfolk, Richmond and Roanoke, Va.; Charlotte, N.C; and metropolitan Washington, DC. DRE is a member of Realty Resources, a national group of independent retail property brokers and managers, covering 91 major markets throughout the U.S.

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