Restaurants

Sip Fresh Signs Franchise Deal for Three Locations in Metro San Diego

by Hayden Spiess June 28, 2023

San Diego — Fruit juice concept Sip Fresh has entered a three-unit franchise agreement with operator Kevin Tam for locations in metro San Diego. The deal includes the acquisition of an existing store located in the Westfield UTC Mall and plans for two additional locations in the area. Tam’s previous experience includes concepts Wetzel’s Pretzels and Sweetgreen, as well as other quick service restaurant brands and food trucks. Sip Fresh plans to sign 35 new franchise agreements by the end of the year.

June 28, 2023

Development Georgia News Restaurants

200 Peachtree Underway on Two Restaurant Developments in Atlanta

by Hayden Spiess June 26, 2023

Atlanta — Hospitality group 200 Peachtree is underway on the development of two restaurants located at 200 Peachtree Street in downtown Atlanta. SKOL Brewing Co., a craft brewery, will comprise 5,000 square feet and is expected to open later this year. Food, beverage and entertainment hall Valhalla Social is scheduled to open in spring or summer 2024 and will total 15,000 square feet, with seating for roughly 300 people. CNNA Architects is the architect for both projects.

June 26, 2023

Indiana Investment sales Net lease News Restaurants

SRS Arranges $2.6 Million Ground Lease Sale of Restaurant in Metro Indianapolis

by Hayden Spiess June 23, 2023

Avon, Ind. — SRS Real Estate Partners has arranged the $2.6 million ground lease sale of a 7,000-square-foot restaurant property in Avon, about 13 miles west of Indianapolis. Bubba’s 33 occupies the newly constructed property on a 15-year triple-net lease that is corporate guaranteed by parent company Texas Roadhouse Inc. Founded in 2013, Bubba’s 33 is an expanding sister brand of Texas Roadhouse. Morgan Merrill and Sarah Shanks of SRS represented the seller, Texas Roadhouse Inc. A California-based private investor was the buyer.

June 23, 2023

California Leasing News Restaurants

Progressive Arranges 2,366-Square-Foot Habit Burger Lease in Walnut, California

by Hayden Spiess June 22, 2023

Walnut, Calif. — Progressive Real Estate Partners has arranged a 2,366-square-foot, 10-year lease with The Habit Burger Grill in Walnut. Paul Su of Progressive represented the landlord in lease negotiations. The tenant plans to execute a significant renovation of the building, which is situated across from Mt. San Antonio College and features a drive-thru.

June 22, 2023

Development Leasing Maryland News Restaurants

Slim Chickens Signs Deal for Eight Locations in Maryland

by Hayden Spiess June 21, 2023

Maryland — Slim Chickens has signed a deal with Phoenix Foods LLC to open eight new locations in the Maryland counties of Anne Arundel, Baltimore, Carroll and Harford. Brad Hoag, franchisee and owner of Phoenix Foods, will operate the locations, which will join another 1,100 restaurants currently in development for the brand. Hoag, who is based in Baltimore, is a former developer and operator of 10 Qdoba Mexican Grill locations and currently operates 10 Burger King restaurants.

June 21, 2023

Development Leasing News Restaurants Tennessee

Four Tenants Sign Leases at Hamilton Place in Chattanooga

by Hayden Spiess June 20, 2023

Chattanooga, Tenn. — Four new tenants will join Hamilton Place in Chattanooga. Crunch Fitness will open a 35,000-square-foot location at the property, and restaurants Texas Roadhouse, Taco Mamacita and Community Pie have also signed leases. Construction on the Crunch Fitness space is scheduled to begin in August, with the opening planned for later this year. Work is currently underway on Community Pie and Taco Mamacita, which will open in July and next year, respectively. Texas Roadhouse is also scheduled to open next year, with construction anticipated to begin later this month. …

June 20, 2023

Leasing New York News Restaurants

Patis Bakery Signs 5,110-Square-Foot Lease at Mixed-Use Property in Brooklyn

by Hayden Spiess June 16, 2023

New York City — Patis Bakery will open two food-and-beverage concepts totaling 5,110 square feet at 203 Jay Street, a 72,000-square-foot mixed-use development in Brooklyn. Beginning this fall, Patis will operate a full-service restaurant as well as a separate café and bakery in the eight-story building. AmTrust RE is the landlord at the property.

June 16, 2023

Learn from Industry Leaders Leasing Restaurants Retail Insight Retailers Videos

Franklin Street: Prime Space at a Premium for Expanding Retailers

by Sarah Daniels June 12, 2023

“Retailers are doing well, but growth is challenging as there isn’t much space to be had,” says Greg Eisenman, managing director of retail tenant services at Franklin Street. There is a major appetite for deals, but interest rates and construction costs have made development difficult, so it is taking longer for retailers to find space and close deals. The challenges are part of the overall historical retail cycle, explains Eisenman. “As brokers, we have to get a lot more creative, and just continue to dig deeper and harder. Nothing’s coming …

June 12, 2023

Leasing Minnesota News Restaurants

Three Restaurants Totaling 9,056 Square Feet to Open at Eden Prairie Center in Metro Minneapolis

by Katie Sloan June 9, 2023

Eden Prairie, Minn. — Three new restaurant concepts will open at Eden Prairie Center, a 1.4 million-square-foot retail center located in the southwest Minneapolis suburb of Eden Prairie. Gyu Mai Japanese BBQ and Ichiddo Ramen will open within a dual-concept space comprising 7,996 square feet, with both concepts scheduled to open in December of this year. Starting in July, Where’s The Flour?, a gluten-free fast-casual restaurant, will lease 808 square feet within the development’s food court. Additionally, Café Viola will open a coffee kiosk and occupy 252 square feet, beginning …

June 9, 2023

Leasing News Restaurants Texas

Si Tapas to Open 4,275-Square-Foot Restaurant in Fort Worth, Texas

by Hayden Spiess June 7, 2023

Fort Worth, Texas — Si Tapas will open a 4,275-square-foot location at Crockett Row, a 282,334-square-foot development in Fort Worth. Scheduled to open in fall of this year, the restaurant will offer classical and contemporary Spanish cuisine. Younger Partners is the landlord at the property.

June 7, 2023

Newer Posts

Older Posts