Restaurants

San Antonio, Texas — Texas-based fast-casual chain Whataburger has announced plans to expand into South Carolina. Beginning in summer 2024, the brand will open restaurants in Greenville, Mauldin, Irmo, Spartanburg, Anderson, Boiling Springs, Lexington, Duncan and Easley. Current plans include a total of 10 restaurants.

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San Rafael, Calif. — JLL Capital Markets has negotiated the $3.3 million sale of a single-tenant building located in San Rafael, roughly 20 miles outside San Francisco. El Pollo Loco, a fast-casual restaurant chain, occupies the 2,626-square-foot building on a triple-net-lease basis, with 13 years remaining on the lease. Eric Kathrein and Warren McClean of JLL brokered the transaction. El Pollo Loco occupies the building in San Rafael, California. 

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Cooper City, Fla. — Three tenants have opened at The Shoppes at Monterra Commons, a 153,618-square-foot mixed use property in Cooper City. Culver’s, First Watch and The Learning Experience now occupy 4,300; 3,700; and 10,000 square feet at the development, which was completed in August. Cali Coffee, Playa Bowls, Gyromania, Oaxaka, Tide Cleaners, Blueprint Cookies, Jonari Dental, Kami Nail House, Huey Magoos and AA Mint have also signed leases totaling 16,330 square feet at the property. Diversified Realty Development is the landlord and developer. 

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Ontario, Calif. — SRS Real Estate Partners has brokered the $4.6 million sale of a freestanding restaurant property located in Ontario. Culichi Lounge Inc. acquired the 5,535-square-foot building, which is occupied by Culichi Town, from an undisclosed local developer. Matthew Mousavi and Patrick Luther of SRS represented the seller in the deal. Terrison Quinn and Zach Leffers of SRS arranged the lease with Culichi Town on behalf of the seller.

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Flourtown, Pa. — Dim Sum Factory has signed a 2,824-square-foot lease at Flourtown Shopping Center in Flourtown, roughly 14 miles outside Philadelphia. Scheduled to open in spring 2024, the restaurant will be situated adjacent to the U.S. Post Office at the property. Federal Realty Investment Trust is the landlord. 

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Boston — Lendlease has signed leases with three food-and-beverage concepts at Clippership Wharf, a mixed-use residential development situated on a seven acres in Boston. Italian restaurant Mida and barbecue concept The Smoke Shop both opened restaurants at the property this summer, occupying 2,900 and 4,000 square feet, respectively. Café Iterum also opened at the development in late 2021, leasing a 1,100-square-foot space and an additional 1,400-square-foot patio. The retail space at the property is now fully occupied. 

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Philadelphia — Philadelphia-based brand Bagels & Co. has announced plans to open 20 new stores throughout Florida and Pennsylvania. Scheduled to open by 2024, the shops will offer bagel and cream cheese varieties, as well as other deli fare. Restaurant group Glu Hospitality owns the brand, which currently operates four outposts in Philadelphia, with three new stores scheduled to open in the city this year. New locations will also include Fort Lauderdale and Wilton Manors in South Florida. 

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Houston, Mont Belvieu and Richmond, Texas — David Littwitz of Littwitz Investments has arranged three restaurant leases totaling 8,733 square feet in Texas. Blue Tuba Euro-Tex Cuisine has signed a 5,141-square-foot lease at the Harold’s Heights retail building in Houston. Additionally, Beaky’s Hot Chicken will open a 2,436-square-foot restaurant at a shopping center currently underway in Mont Belvieu, and Cinnaholic Gourmet Cinnamon Rolls will occupy 1,156 square feet at Waterview Town Center in Richmond. Littwitz represented the tenants in the leasing negotiations. 

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KFC

Ontario, Calif. — Progressive Real Estate Partners has arranged a 3,273-square-foot lease in Ontario. Albert Lopez of Progressive represented the landlord in the leasing negotiations. KFC will occupy the single-tenant property on a 15-year ground lease. KFC has begun renovations to the property and is scheduled to open by mid-2024. Charlie Cangelosi of Irish Commercial represented the tenant in negotiations. Restaurant Brands, which operates more than 70 KFC venues in Southern California, is the franchisee. 

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Pearls

Chicago — SVN Chicago Commercial has brokered the $1 million sale of a 5,000-square-foot retail building in Chicago’s Edgewater neighborhood, along with the business sale of the ground-floor restaurant. A local restaurant buyer purchased the building. Marcus Sullivan and Tim Rasmussen of SVN represented the undisclosed seller. Pearl’s formerly occupied the restaurant space. 

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