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.
Orlando, Fla. — O’Connor Capital Partners has signed Alamo Drafthouse Cinema to be the anchor tenant of the third phase of Vineland Pointe, a 450,000-square-foot retail development in Orlando, Florida.
St. Louis — Lawrence Group, the developer for City Foundry STL, has unveiled that the 30,000-square-foot food hall at the mixed-use project is now 50 percent preleased.