Fontana, Calif. — Hanley Investment Group has arranged the $3.5 million sale of a single-tenant building situated on 0.6 acres within a Sprouts Farmers Market-anchored retail center in Fontana, California. The 3,233-square-foot property is fully leased to a Raising Cane’s Chicken Fingers restaurant, which opened in February. Other tenants at Highland Village shopping center include Jack in the Box, Burgerim, Jersey Mike’s, Oggi’s Restaurant, Mountain View Tires, Pacific Dental and Quick Quack Car Wash. Kevin Fryman, Bill Asher and Jeff Lefko of Hanley represented the seller, Adler Realty Investments Inc., …
Peoria, Ill. — Portland, Oregon-based breakfast chain Original Pancake House will open a 3,800-square-foot restaurant within the company’s Grand Prairie Developments, a 200-acre mixed-use collective development project by Cullinan Properties Ltd., in Peoria.
Chatsworth, Calif. — SRS Real Estate Partners’ National Net Lease Group has arranged the sale of a single-tenant restaurant asset located 32 miles outside Los Angeles in Chatsworth, California.
Lake Elsinore and Vista, Calif. — Faris Lee Investments has arranged the $5.3 million sale of two quick-service restaurants in California through two separate transactions.
Hesperia, Calif. — Progressive Real Estate Partners has signed Culichi Town Restaurant to a 10th location in California.
Fontana, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $2.4 million sale of a single-tenant Jack in the Box in Fontana, California.
Garden Grove, Calif. — Valore Ventures has closed on fee simple interest in four brand-name restaurants in Garden Grove, California, for $13.1 million.
Chicago — Velvet Taco, a Texas-based fast casual restaurant, will open its second Chicago location at Lincoln Common, a mixed-use project located in the heart of Chicago’s Lincoln Park.
Clarkston, Mich. — Crispelli’s Bakery & Pizzeria has signed a 3,892-square-foot lease in Clarkston, Michigan.
Four Corners Property Trust Buys Outback Steakhouse-Occupied Property in New Mexico for $3.9 Million
Mill Valley, Calif.— Mill Valley, California-based Four Corners Property Trust has purchased a restaurant property located in New Mexico for $3.9 million.