Restaurants

DevelopmentEntertainmentIllinoisNewsRestaurants

Principle Construction Completes Conversion of Auto Dealership into Brewery in Huntley, Illinois

by Alex Tostado

Huntley, Ill. — Principle Construction Corp. has completed the conversion of a former Chevrolet auto dealership in Huntley into a brewing facility and full-service restaurant for More Brewing. The property is located at 13980 Automall Drive within metro Chicago. The 25,302-square-foot building includes 11,302 square feet of beer production space and a 14,000-square-foot restaurant with two private dining rooms that will double as barrel-aging rooms. Guests dining at the restaurant will be able to view the brewing area through 12-foot glass walls. The property features four drive-in doors for the …

Continue Reading
0 FacebookTwitterLinkedinEmail
LeasingNewsRestaurantsTexas

Lee & Associates Arranges Lease for New Voodoo Doughnut Eatery in Houston’s Montrose District

by Alex Tostado

Houston — Lee & Associates-Houston has arranged a 3,000-square-foot lease in Houston for Voodoo Doughnut, a boutique donut shop based in Portland, Ore. Voodoo will open the new store this fall at 1214 Westheimer Road in Houston’s Montrose district. Grant Walker and Brad Kilbride of Lee & Associates-Houston, along with Wade Green of Transwestern, represented Voodoo in the lease deal. The landlord was not disclosed. Walker also represented Voodoo last year in its lease negotiations for its first Houston eatery at 3715 Washington Ave. Voodoo also has a prominent location …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company newsNewsRestaurantsWashington

Starbucks to Revamp Stores for More Drive-Thru, Pickup Orders After $3.2 Billion Quarterly Loss in Revenues

by Alex Tostado

Seattle — Starbucks Coffee plans to accelerate the transformation of its store portfolio across the United States amid the ongoing COVID-19 pandemic. Over the next 18 months, the coffee chain will increase convenience-led formats in company-operated locations with drive-thru and curbside pickup options, as well as Starbucks Pickup location. In a letter to shareholders, released through an SEC filing, Starbucks announced that it plans to close approximately 400 company-operated U.S. stores over the next 18 months as part of this new focus on drive-thru and pickup. In that same letter, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company newsIllinoisNewsRestaurants

McDonald’s: US Same-Store Sales Fall 5 Percent for Month of May

by Alex Tostado

Chicago — McDonald’s says that U.S. same-store sales have sequentially improved from late March through May. For the month of May, the Chicago-based fast food giant reported a decline in U.S. same-store sales of 5.1 percent, compared with 19.2 percent for the month of April. Globally, sales fell 29.8 percent quarter-to-date through May. McDonald’s says that 95 percent of its restaurants globally are now open. In the United States, more than 1,000 restaurant dining rooms have reopened with reduced seating capacity. “Our unique advantages, including a high percentage of drive-thru …

Continue Reading
0 FacebookTwitterLinkedinEmail
FloridaLeasingNewsRestaurantsRetailers

Swire Properties to Welcome Five Retailers to Brickell City Centre in Miami

by Alex Tostado

Miami — Hong Kong-based Swire Properties, along with co-developers Whitman Family Development and Simon Property Group, has announced that five retailers are joining the tenant lineup at Brickell City Centre in Miami. Marabu, which recently opened its doors, is a Cuban-inspired restaurant headed by Cuban-American chef Alberto Cabrera. Opening in July are Indochino, a digitally native menswear suit retailer, and Est.33 Craft Brewery & Kitchen. Los Chinos, a Latino-Chinese fusion restaurant, will open later this summer. The restaurant will feature an after-hours speakeasy and outdoor patio space. Lastly, Lucid Motors, …

Continue Reading
0 FacebookTwitterLinkedinEmail
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, …

Continue Reading
0 FacebookTwitterLinkedinEmail
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.

Continue Reading
0 FacebookTwitterLinkedinEmail
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 …

Continue Reading
0 FacebookTwitterLinkedinEmail
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 …

Continue Reading
0 FacebookTwitterLinkedinEmail
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 …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts