Louisville, Ky. — Yum Brands reported third-quarter revenue of $1.45 billion, up 8 percent from the same period a year ago. Taco Bell reported the highest positive year-over-year growth, recording $501 million in sales, a 2 percent increase from third-quarter
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Louisville, Ky. — PRG Commercial Property Advisors has arranged the $9.3 million sale of Stonybrook South Shopping Center, a 149,000-square-foot retail property in Louisville. At the time of sale, the 14.5-acre center was leased to Dick’s Sporting Goods, Planet Fitness,
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Louisville, Ky. — Papa John’s International Inc. has announced it will open a new global headquarters in metro Atlanta by summer 2021. The Louisville-based pizza chain is in the process of picking an office space and expects to have a
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Louisville, Ky. — May sales at Papa John’s restaurants were up 33.5 percent in the U.S. and Canada on a year-over-year basis, marking the second month in a row that the pizza chain recorded its highest sales on record, according
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Knoxville, Tenn. and Somerset, Ky. — Hanley Investment Group has arranged the sale of two multi-tenant retail outparcels situated on Walmart Supercenter-anchored properties in Tennessee and Kentucky. An undisclosed private investor based in Kentucky acquired both properties in all-cash deals.
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Louisville, Ky. — Pizza Hut will close as many as 500 dine-in stores over the next 24 months as part of a broader strategy to bolster its delivery and carryout services, company executives said during the second-quarter earnings call. Food
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Louisville, Ky. — A joint venture between Hendon Properties and Harbert United States Real Estate Fund VI LP (HUSREF VI) has sold Westport Village, a 169,515-square-foot shopping center in Louisville, for $30.3 million. Westport Village is situated at 1315 Herr
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Hopkinsville, Ky. — Cohen Financial, a division of SunTrust Bank, has secured $18.2 million in acquisition financing for Hopkinsville Town Center, a 184,761-square-foot shopping center located in Kentucky.
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Lexington, Ky. — NAI Isaac has arranged the $8.5 million sale of Stonewall Shopping Center, a 79,142-square-foot retail center in Lexington.
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Hurstbourne, Ky. — Viking Partners Fund III LLC has unveiled plans for the redevelopment of Hurstbourne Business Park, a 27-acre property located at the intersection of Shelbyville Road and Hurstbourne Parkway in Hurstbourne, roughly 13 miles east of Louisville.
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Nicholasville, Ky. — SRS’ Investment Properties Group has arranged the $8.9 million sale of Brannon Crossing Centre, a 63,707-square-foot retail center located in Nicholasville, 12 miles south of Lexington.
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Louisville, Ky. — Louisville-based Brown-Forman Corp. has opened Old Forester Distilling Co. on Louisville’s famed Whiskey Row.
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