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Representative imageRealSource Group Negotiates $5.8M Sale of Restaurant Building in Richmond, TexasRICHMOND, TEXAS — California-based brokerage firm RealSource Group has negotiated the $5.8 million sale of a 3,072-square-foot restaurant building in Richmond, a southwestern suburb of Houston.
Friedman’s Restaurant Expands with Upper West Side LocationLee & Associates NYC announced that the ownership group behind Friedman’s Restaurant, Pastrami Queen and many other successful restaurant concepts has acquired an approximately 5,000-square-foot retail cooperative unit at 541-555 Amsterdam Ave.
Friedman’s Restaurant Ownership Buys Upper West Side Retail Space to Open New SpotThe ownership group behind famed New York City restaurants Friedman’s Restaurant and Pastrami Queen has acquired a retail co-op on Manhattan’s Upper West Side to open a new eatery, Commercial Observer has learned.
Marcus & Millichap Brokers Sale of Restaurant in New Smyrna Beach, Florida Leased to Wendy’sNEW SMYRNA BEACH, FLA. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a freestanding restaurant in New Smyrna Beach, about 14 miles south of Daytona Beach.
Marcus & Millichap Brokers Sale of New Restaurant in Hixson, Tennessee Leased to Chick-fil-AHIXSON, TENN. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a newly built restaurant in Hixson, a northeast suburb of Chattanooga.
Cracker Barrel Closes Sale-Leaseback On 26 Stores, Sells 35 Maple Street Biscuit RestaurantsCracker Barrel Old Country Store Inc. sold an underperforming asset and entered into a sale-leaseback deal to bolster its finances and increase future profitability.
Marcus & Millichap Brokers Sale of Net-Leased Storming Crab Restaurant in RockfordMarcus & Millichap announced the sale of a net-leased restaurant property occupied by Storming Crab in Rockford, Illinois.
Greenstone Partners Negotiates $4M Sale of Apartment, Retail Building in ChicagoCHICAGO — Greenstone Partners has negotiated the $4 million sale of a fully leased property located along Restaurant Row in Chicago’s Fulton Market neighborhood. Located at 1012 W.
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.
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.
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…
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.
Marcus & Millichap Brokers Sale of 2,847 SF Restaurant Property in PhoenixPHOENIX — Marcus & Millichap has brokered the sale of a single-tenant restaurant property located at 2817 N. 7th St. in Phoenix.
Progressive Real Estate Partners Brokers $2.8M Sale of Restaurant Building in Ontario, CaliforniaONTARIO, CALIF. — Progressive Real Estate Partners has arranged the purchase of a freestanding restaurant building located at 4605 Mills Circle in Ontario. A private investor acquired the asset for $2.8 million.
Owner/User Acquires Corona Drive-Thru RestaurantProgressive Real Estate Partners closed the $2.45-million sale of a free-standing, single-tenant 2,230-square-foot drive-thru vacant restaurant building located at 4330 Green River Rd. in Corona.
Marcus & Millichap Brokers $3.8M Sale of Southwest Florida Retail Strip Center Leased to Starbucks, Tide CleanersBONITA SPRINGS, FLA. — Marcus & Millichap has brokered the $3.8 million sale of a 4,665-square-foot retail strip center located at 27250 Bay Landing Drive in Bonita Springs, a city in southwest Florida.
SVN Chicago Facilitates Sale of Redeveloped Restaurant Property in JolietSVN Chicago Commercial has completed the $1.7 million sale of a 3,339-square-foot quick-service restaurant property located at 1866 West Jefferson Street in Joliet, Illinois.
Evergreen Devco Sells Pollo Campero-Occupied Restaurant Property in Inland Empire for $2.9MLAKE ELSINORE, CALIF. — Evergreen Devco has completed the disposition of a 3,000-square-foot, single-tenant restaurant property in Lake Elsinore. A San Bernardino, Calif.-based private investor acquired the asset for $2.9 million.
Hanley Investment Group Negotiates $3.6M Sale of Starbucks-Occupied Retail Property in San BernardinoSAN BERNARDINO, CALIF. — Hanley Investment Group Real Estate Advisors has negotiated the $3.6 million sale of a single-tenant retail property leased to Starbucks Coffee in San Bernardino.
Representative imageValore Ventures Buys 2-Acre Parcel in Oroville, California for Chick-fil-A DevelopmentOROVILLE, CALIF. — Valore Ventures has acquired a 2-acre development parcel at 350 Oro Dam Blvd. East in Oroville and signed a long-term ground lease with Chick-fil-A for the site.