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QSR & restaurants news – page 3
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Barolo Restaurant Group Inks Deal to Open Italian Eatery in Times SquareItalian restaurant operator Barolo Restaurant Group plans to open its third New York City restaurant, Barolo West, at 250 West 49th Street in Times Square. The company took 2,500 square feet of space at the newly developed 29-story property in Midtown.
Madison Commercial Completes Sale of Chick-fil-A Site Near Oglethorpe Mall in SavannahSAVANNAH, GA. — Madison Commercial, an affiliate of Madison Capital Group, has completed the sale of a Chick-fil-A outparcel at its mixed-use redevelopment of the former Sears and Sears Auto Center site at Oglethorpe Mall in Savannah.
Dim Sum Restaurant Breeze to Open at 590 Fulton Street in Downtown BrooklynPopular Sichuan and dim sum restaurant Breeze is set to open a second Brooklyn location this fall.
High Leverage Drives Bankruptcies in U.S. Gaming, Leisure, Lodging and Restaurant SectorRecent bankruptcies in the U.S. gaming, leisure, lodging, and restaurant (GLLR) sector reflect elevated leverage, higher borrowing costs, persistent cost inflation and softer discretionary consumer spending, Fitch Ratings reported.
Caribbean Restaurant Concept Brings Everett’s Gateway Center to 100% LeasedUrban Edge Properties said Monday that New York-based Juici Patties, a fast-growing Caribbean restaurant concept, will open at Gateway Center in Everett, MA. The 2,450-square-foot space will be the brand’s first location in Massachusetts.
Tapas Concept Fat of the Land Joining Restaurant Collection at Centerview Office ComplexEMMES Realty Services and funds managed by Oaktree Capital Management, L.P. are expanding their collection of dining destinations at the Centerview office complex in Irvine with the addition of Fat of the Land, a tapas-driven concept from restaurateur Robert Paetz.
Manhattan Retail Momentum Spreads Beyond Premier Shopping CorridorsManhattan’s strong retail recovery continues, driven by a mix of international luxury brands, expanding local operators, ecommerce companies, restaurants, fitness concepts and experiential retailers, the Real Estate Board of New York (REBNY) reported.
Representative imageKorean Chef Jiho Kim to Open Flagship Restaurant at 21 West 17th StreetKorean chef Jiho Kim has leased 3,120 square feet at 21 West 17th Street in Manhattan’s Flatiron District for his namesake flagship restaurant, Jiho.
Thai Ramen Eatery to Open at Original Site of Danny Meyer’s Union Square CafeAn Upper East Side Thai ramen joint is taking over a retail space near Union Square famous for being the location for Danny Meyer’s first restaurant, Commercial Observer has learned.
Marcus & Millichap Negotiates $5.6M Sale of Two-Tenant Retail Property in Metro ChicagoALGONQUIN, ILL. — Marcus & Millichap has negotiated the $5.6 million sale of a newly built retail property occupied by Chipotle and First Watch in Algonquin. The 6,150-square-foot asset is located at 1721 S. Randall Road within The Enclave mixed-use development.
Billingsley Moving Forward on $2B Sloans Corners DevelopmentThe $2 billion Sloan Corners is making progress. The development will include a number of restaurants, shops, offices, housing and recreational amenities on the border of Allen and Fairview.
Nashville’s Population, Business Growth Spur Commercial Real Estate MomentumSomething is brewing in Nashville. In April, Starbucks announced plans to open a Southeast regional headquarters in Downtown Nashville that will house 2,000 employees.
Rare Waterfront Dining Setting Comes Up for Lease or SaleBiddle Real Estate Ventures and PCD Development, through leasing agent Lee & Associates, announced the availability of a premier waterfront restaurant location at The Daymark, a newly completed luxury condominium building located within the Edge-on-Hudson mixed-use community in…
Sant Ambroeus Restaurant Coming to the Miami Design DistrictPopular Milanese restaurant Sant Ambroeus is set to open near the Miami Design District, Commercial Observer has learned.
Geneva Commons Adds New Retail, Restaurant LeasesLamar Companies and Real Capital Solutions, alongside the leasing team at Mid-America Asset Management, have signed 45,951 square feet of new retail and restaurant leases at Geneva Commons, a retail center in Geneva, Illinois, increasing occupancy from 88% to 95% in under two…
Chef Andrew Sargent Inks Deal at 16 West 18th Street for His First NYC RestaurantChef Andrew Sargent, the winner of Netflix’s first season of cooking competition show “Next Gen Chef,” is set to open his very first restaurant in New York City.
Palmdale Chipotle Sale Sets Cap Rate BenchmarkSRS Real Estate Partners completed the $4.39-million sale of a single-tenant property occupied by Chipotle located at 3852 W Rancho Vista Blvd. in Palmdale.
Nobu Restaurant, Residences to Debut in BellevueLuxury lifestyle brand Nobu announced it will rebrand two luxury residential towers in downtown Bellevue as Nobu Bellevue Residences, marking the first occupancy-ready Nobu-branded residential development in the United States.
Marcus & Millichap Brokers Sale of Restaurant in Buford, Georgia Leased to WhataburgerBUFORD, GA. — The Taylor McMinn Retail Group of Marcus & Millichap has brokered the sale of a restaurant in Buford, a northeast suburb of Atlanta in Gwinnett County.
Representative imageDanny Meyer to Launch New Restaurant Concept at Brooklyn’s Former Hotel BossertDanny Meyer’s Union Square Hospitality Group is bringing a new restaurant concept to an historic hotel in Brooklyn Heights. Meyer has leased the 3,200-square-foot, ground-floor retail space in the former Hotel Bossert at 98 Montague Street, according to the landlord.