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Company newsMassachusettsNewsRestaurants

Dunkin’ Commits to Hiring 25,000 Workers Nationwide As Reopening of Economy Accelerates

by Alex Tostado

Canton, Mass. — Fast-food breakfast chain Dunkin’ (NASDAQ: DNKN) has announced plans to hire 25,000 new employees nationwide as the company looks to lead the charge out of nationwide coronavirus quarantines. Taco Bell recently made a similar declaration, vowing in late May to hire 30,000 workers this summer. With 55,000 planned hires between just two companies, quick-service restaurants could be an early sign of economic recovery during the COVID-19 pandemic. The reliance on drive-thru and pickup orders makes fast food a natural type of restaurant to rebound first. On Friday, …

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DevelopmentNewsRestaurantsRetailersTexas

Gulf Coast Commercial Underway on 18,000-Square-Foot Retail Project in Houston

by Alex Tostado

Houston — Locally based developer Gulf Coast Commercial Group is underway on construction of Block 14 at Garden Oaks, an 18,000-square-foot retail project the Garden Oaks neighborhood of Houston. The project is being developed on a 1.7-acre site just north of Loop 610 and is expected to be complete in July. Tenants that have already signed leases include McAlister’s Deli and Salata.

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MichiganNewsRestaurants

Michigan Governor Rescinds Stay-Home Order, Enables Restaurants to Reopen June 8

by Alex Tostado

Lansing, Mich. — Michigan Gov. Gretchen Whitmer has signed a new executive order rescinding her stay-home order and moving the entire state to Phase IV of the “MI Safe Start Plan” in response to COVID-19. The governor’s order will enable retailers to reopen June 4 and restaurants to reopen June 8 at 50 percent capacity. Day camps for children will be permitted to open June 8. Effective immediately, groups of 100 or less will be allowed to gather outdoors with social distancing. Office work and housecleaning services can resume. Gyms …

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Company newsKentuckyNewsRestaurants

Papa John’s Reports May as Best Sales Month in Restaurant History

by Alex Tostado

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 to Papa John’s Inc. president and CEO Rob Lynch. The May sales period was recorded from April 27 to May 24, and the company said it will continue to provide monthly updates through the end of the second quarter. In April, the Louisville-based chain reported a 26.9 percent increase in …

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NewsRestaurantsTexas

Governor Abbott Gives Texas Bars Green Light to Reopen on Friday, May 22

by Alex Tostado

Austin, Texas — Texas Gov. Greg Abbott released plans for the second phase of the state’s plan to reopen the economy at a press on Monday afternoon, notably giving bars the option to begin reopening Friday, May 22. Under the terms of the plan, Texas bars, wine tasting rooms and craft breweries may initially reopen at 25 percent occupancy with regard to indoor seating only. In addition, childcare centers, youth clubs and bowling alleys may begin reopening this week as part of Phase II of the plan. Restaurants may increase …

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IllinoisInvestment salesNewsRestaurantsRetailers

Historic Restaurant Property in Chicago’s Lincoln Square Sells for $3.1 Million

by Alex Tostado

Chicago — SVN Chicago Commercial has arranged the sale of the Chicago BrauHaus restaurant property for $3.1 million. The historic building is located at 4732 N. Lincoln Ave. within Chicago’s Lincoln Square. Tim Rasmussen and Marcus Sullivan of SVN represented the buyer, GW Properties. Matt Feo of Essex Realty Group represented the sellers, Harry and Guenter Kempf, who are longtime owners of the Chicago BrauHaus. The restaurant closed in late 2017 after 52 years.

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Company newsNewsRestaurantsRetailersWashington DC

Peterson Cos. Unveils Plans for Reopening Shopping Centers Around Washington, D.C.

by Alex Tostado

Washington, D.C. — In the midst of the COVID-19 pandemic, Peterson Cos. has unveiled its plans for welcoming back tenants and customers, once permitted to do so. Peterson owns and operates open-air, mixed-use and power center properties. The company will implement the plan across several of its properties, including at National Harbor, Downtown Silver Spring, Rio in Gaithersburg, Fairfax Corner and Fair Lakes. Virginia Gov. Ralph Northam says he wants to slowly begin reopening retail businesses in the state, but he will allow northern Virginia to move at its own …

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Company newsLouisianaNewsRestaurants

Raising Cane’s Restaurant Crew Members Sew Masks for Local Hospitals

by Alex Tostado

Baton Rouge, La. — While the majority of its 500 restaurants are open and serving customers through its drive-thrus, Raising Cane’s dine-in only restaurant has shifted operations to make masks instead of its signature chicken fingers. Raising Cane’s crew members have begun sewing three-ply cloth masks to ease the shortage at local hospitals, donating more than 600 masks after the first week of production. As crew members get more proficient, the numbers are expected to grow significantly in coming weeks. “I can’t tell you how proud I am of our crew …

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GeorgiaIndustry ContentLeasingMallsMarketingOperationsRestaurantsRetailersWebinar

Webinar: Atlanta Retail Reboot — How Will the ‘Crown Jewel of the South’ Come Back On Line Post-Coronavirus?

by Sarah Daniels

On May 8, Southeast Real Estate Business and Shopping Center Business magazines hosted “Atlanta Retail Reboot,” a webinar where experts from the Atlanta investment, retail and brokerage communities were invited to discuss what they are seeing in the retail market, the impact of the coronavirus on existing properties and on new developments, as well as what retail and restaurants will look like in the near and long term. Many retailers have been closed for weeks due to COVID-19, and the retail industry is facing a tough comeback. Listen to learn …

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Grocery-anchoredIndustry ContentLeasingMallsOperationsRestaurantsTexasWebinar

Webinar: Texas Retail Reboot — What Does the Future of Retail Look Like Post-Coronavirus?

by Sarah Daniels

On May 7, Texas Real Estate Business and Shopping Center Business magazines hosted “Texas Retail Reboot,” a webinar taking an in-depth look at what the Texas retail real estate community needs as the state reopens after statewide shutdowns due to COVID-19. The coronavirus pandemic isn’t over, but Texas retail is adjusting to a new normal, including figuring out what retail will look like going forward. What will the future of Texas retail look like post-coronavirus? Find out what industry experts have to say about these topics and more: How will Texas retailers …

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