Fort Worth, Texas — Atlanta-based cheeseburger slider concept Smalls Sliders has signed a franchise agreement to open five new units, dubbed “Cans,” in North Fort Worth. Local development group Slidin Thru LLC will operate the new locations. Smalls Sliders has recently opened additional units in Texas, such as El Paso, Tomball, Willis and Arlington. Founded in 2019, Smalls Sliders currently has 375 Cans open or under development and is active across 30 states.
San Diego — San Diego-based Jack in the Box has entered into a definitive agreement to sell Del Taco Holdings, a wholly owned subsidiary of the company which operates and franchises more than 550 Del Taco restaurants, to Yadav Enterprises for $115 million. Yadav Enterprises operates more than 310 franchise restaurants, including Jack in the Box, Denny’s and TGI Friday’s. Yadav Enterprises also owns the Taco Cabana brand, a fast-casual, Tex-Mex restaurant chain consisting of 150 locations, and Nick the Greek, a fast-casual, Greek restaurant chain consisting of 90 locations. The …
By Brandon Wernli, studio director at KTGY The time we live in is marked by a profound transformation in how people work, live and connect with each other. Since 2020, shopping centers, regional malls, commercial plazas and lifestyle districts have reasserted themselves as more than places of financial transaction; they are a social necessity. We are living through a societal shift away from the postwar model of expansive single-family homes and isolated retail strips. Reversing decades of suburban sprawl, the residences built today are reducing lot sizes and favoring connectedness …
Miami — The City of Miami’s Urban Development Review Board has officially approved the master plan for Midtown Park, a $2 billion mixed-use development. A joint venture between Rosso Development, Midtown Development and Proper Hospitality is developing the project, a construction timeline for which has not yet been announced. Plans for the two-phase, 1.2 million-square-foot project currently call for 924 residential units, 60,000 square feet of office space and more than 120,000 square feet of retail and restaurant space. Additionally, the development will feature two public plazas, a network of pedestrian-oriented …
Houston — Locally based MetroNational has acquired the 309,144-square-foot retail component of CityCentre, a mixed-use development in Houston. The retail portion of the property frames a central green space and features roughly 24 food and beverage concepts such as Bellagreen, Daily Gather, Eddie V’s Prime Seafood, Grimaldi’s Pizzeria, Hopdoddy Burger Bar, North Italia, Sal y Pimienta, Seasons 52, The Capital Grille and Yard House. Retailers include Allen Edmonds, Anthropologie, Kendra Scott, Sephora, Sur la Table, Tecovas, Warby Parker and West Elm. In addition, MetroNational has also partnered with Radom Capital to …
Shenandoah, Texas — STRIVE has brokered the sale of Metropark Square, a 173,000-square-foot mixed-use development located in Shenandoah, roughly 30 miles north of downtown Houston. Dave & Buster’s, AMC Theatre and a Hyatt House hotel anchor the center, which features a mix of dining, entertainment and service-oriented retailers across 70 acres. Tenants include Martinis & Manicures, Top Sushi, Escapology, Black Bear Diner, Salons by JC, Aesthetic Smiles Dentistry and Crawfish Café. Jake Dutson and Jennifer Pierson of STRIVE represented the seller and developer, Frisco, Texas-based Sam Moon Group. STRIVE also procured …
Chicago — The Boulder Group has brokered the $2.6 million sale of a single-tenant restaurant property in Chicago. Situated near Lincoln Village Shopping Center, Chipotle Mexican Grill occupies the 2,160-square-foot building on a 20-year lease. Randy Blankstein and Jimmy Goodman of Boulder Group represented the seller, a Midwest-based real estate investor, and the buyer, a Southwest-based real estate investment fund, in the transaction.
Oxnard, Calif. — Hanley Investment Group Real Estate Advisors has brokered the $7.2 million sale of a single-tenant restaurant property in Oxnard. Shake Shack occupies the 3,286-square-foot building, which was built in 2025, under a new 15-year corporate-guaranteed absolute triple-net ground lease. The restaurant features Shake Shack’s latest prototype with a double-lane drive-thru. Sean Cox, Jeff Lefko and Bill Asher of Hanley Investment Group represented the seller, a Texas-based developer, in the transaction. Judson Kauffman of New York-based Surmount represented the buyer, a Northern California-based private 1031 exchange investor. Shake …
Columbus, Ohio — Columbus, Ohio-based Donatos Pizza is partnering with new franchise owners to open more than 50 locations across North Carolina and South Carolina. The agreements will create restaurants in Charlotte, Raleigh, Wilmington, High Point and Greensboro in North Carolina. In South Carolina, the pizza franchise will open four restaurants in Summerville, Boiling Springs, West Ashley and Fort Mill. Founded in 1963, Donatos Pizza operates more than 459 locations across 28 states, which includes more than 175 traditional restaurants and nearly 300 non-traditional locations, such as partnerships with Red …
Long Beach, Calif. — CenterCal Properties and DRA Advisors has acquired Long Beach Towne Center, with plans to redevelop the 870,000-square-foot property into a prominent retail and entertainment destination. Redevelopments will include new dining options such as chef-driven restaurants, fast-casual concepts and cafés; new retail brands; outdoor gathering areas with shaded seating, enhanced landscaping, public art and year-round programming; updated entertainment offerings with the addition of boutique fitness, wellness and family-oriented experiences; and renovated signage, lighting, pedestrian pathways and parking areas.
