Divaris Real Estate to Provide Leasing for Two Shopping Centers in Virginia, Maryland

Why It Matters

The contracts expand Divaris’ footprint in the competitive Mid‑Atlantic retail market, signaling confidence in suburban shopping‑center demand and diversifying its leasing portfolio.

Key Takeaways

• Divaris secures leasing contracts for 183,337 total square feet.
• Lakeside Crossing anchored by The Fresh Market, includes Petco and Panera.
• New Town Village located in Owings Mills master‑planned community.
• Leasing teams led by Goodall, McCoy, O’Neill, and Ayyoubi.
• Portfolio adds both grocery‑anchored and neighborhood center formats.

Pulse Analysis

Divaris Real Estate’s latest leasing assignments underscore the firm’s strategic push into the Mid‑Atlantic’s suburban retail corridor. By securing two sizable centers—totaling over 180,000 square feet—the company not only broadens its geographic reach but also deepens its expertise across distinct property formats. The Fresh Market‑anchored Lakeside Crossing reflects the enduring draw of grocery‑centric malls, while New Town Village’s mixed‑use tenant mix aligns with the growing preference for neighborhood centers that blend retail, dining, and services.

Both properties illustrate broader market trends. Grocery‑anchored centers continue to attract foot traffic, offering stability amid e‑commerce pressure, while neighborhood centers thrive in master‑planned communities where convenience and experiential offerings drive consumer loyalty. The tenant rosters—Petco, Panera, Chipotle at Lakeside Crossing; M&T Bank, McDonald’s, Merritt Athletic Club at New Town Village—provide a balanced blend of essential services and lifestyle brands, positioning the sites for resilient occupancy rates and steady rent streams.

For investors and industry observers, Divaris’ involvement signals confidence in the viability of suburban retail assets. The firm’s dedicated leasing teams suggest a hands‑on approach to curating tenant mixes that meet local demographics. As retail landlords seek to repurpose space and enhance experiential value, Divaris’ ability to attract and retain a diverse tenant base could serve as a benchmark for successful leasing strategies in comparable markets.