Restaurant

Three Food and Beverage Concepts to Open at Grandscape in Metro Dallas

by Taylor Williams March 21, 2018

THE COLONY, TEXAS — Three food-and-beverage-based concepts have been added to the tenant roster at Grandscape, the 433-acre mixed-use project in the northern Dallas metro of The Colony that is being developed by Nebraska Furniture Mart. Akira Back Steak, a concept that merges Korean barbecue with the atmosphere of an American steakhouse, will open a 4,000-square-foot restaurant during the first quarter of 2019. Cigars International will open a 6,400-square-foot bar, cigar lounge and retail store during the fourth quarter. Walk-On’s Bistreaux & Bar, a Cajun food concept, will open an 8,500-square-foot restaurant with a patio and beer garden during the second quarter of 2019.

March 21, 2018

California Development Mixed-Use Multifamily Office Restaurant Retail Western

Trammell Crow-Led Group to Build $500M Mixed-Use Project in Bay Area

by Amy Works March 21, 2018

ALAMEDA, CALIF. — A joint venture led by Trammell Crow Residential (TCR) plans to develop Alameda Point, a $500 million mixed-use project located in the Bay Area city of Alameda. Alameda Point Partners (AAP), which includes srmERNST Development Partners, Madison Marquette, Eden Housing and Cypress Equity Investments, officially closed on the transfer of approximately 30 acres for Site A of the mixed-use, transit-oriented waterfront development. The first phase of Site A will consist of 673 housing units, including 130 units for low- and very-low-income households and 310 units for middle-income households; eight acres of parks and open space; funding for the Seaplane Lagoon Ferry Terminal; and 93,000 square feet of retail space. Completion of the new infrastructure is expected over the next two to three years, with the first new residences scheduled to open in 2021. AAP negotiated the sale of several parcels to various builders and developers to coincide with the sale and transfer of the first 30 acres: Block 8 – Eden Housing will develop a 70-unit multifamily affordable community and a 60-unit affordable seniors housing community. Block 6 – Trumark Homes will develop 123 townhomes. Block 9 – Cypress Equity Investments will develop a 200-unit apartment community with …

March 21, 2018

Acquisitions Arizona Mixed-Use Office Restaurant Retail Western

DPC Acquires 145,000 SF Mixed-Use Development in Scottsdale for $16M

by Amy Works March 20, 2018

SCOTTSDALE, ARIZ. — DPC Cos. has purchased 7 Thousand Shea, a mixed-use property located at the intersection of Scottsdale Road and Shea Boulevard in Scottsdale. An undisclosed company sold the property for $16 million, or $110 per square foot. Situated on 8.3 acres, the property features 145,000 square feet of mixed-use space. DPC Cos. plans to upgrade the property to include high-end dining, retail and creative office space. ORION Investment Real Estate facilitated the transaction.

March 20, 2018

Leasing Activity Restaurant Retail Texas

Houston-Based Salata Aims to Open 130 New Restaurants by 2020

by Taylor Williams March 19, 2018

HOUSTON — Salata, a Houston-based fast casual salad restaurant, is aiming to open an additional 130 restaurants by 2020, including 30 during the remainder of this year. Additional restaurants will be opening in Houston and Dallas-Fort Worth (DFW) and Oklahoma City, and the company will be rolling out new locations in Florida as well. CBRE will represent Salata in its site selection process and lease negotiations.

March 19, 2018

Florida Restaurant Retail Southeast

Miller Construction Underway on $2.6M Food Hall Project in Miami Beach

by Camren Skelton March 14, 2018

MIAMI BEACH, FLA. — Miller Construction Co. is underway on Lincoln Eatery, a 9,600-square-foot food hall located on the ground floor of a Marshalls-anchored building at 723 N. Lincoln Lane in Miami Beach. Terranova Corp. leases and manages the building, which is owned by PPF 723 Lincoln Lane LLC. Architecture firm Arquitectonica is designing the $2.6 million project, which will feature 16 fast-casual restaurants, juice bars and artisanal coffee tenants. Lincoln Eatery will feature triangular beams in the ceiling design and full-height glass along the front of the building with streetscape views. Lincoln Eatery is expected to open in November.

March 14, 2018

Restaurant Retail Texas

Eleven Food and Beverage Concepts Opening This Month at Toyota Music Factory in Irving

by Taylor Williams March 13, 2018

IRVING, TEXAS — Eleven new food-and-drink-based concepts will open this month at Toyota Music Factory, an entertainment destination located within the Las Colinas district in Irving. New restaurants include Highway 61 South, a barbecue restaurant; Kabuki, a Japanese restaurant; and Texas Jam House, an eatery specializing in Southern cuisine. Night club Martini Ranch and frozen fruit bar Pop Factory by Maxfrut, among others, will also open stores within the destination, which will ultimately consist of 500,000 square feet of retail, restaurant and office space. An eight-screen Alamo Drafthouse Cinema will also open at Toyota Music Factory in April.

March 13, 2018

Mixed-Use Multifamily New York Northeast Restaurant Retail

Cushman & Wakefield Arranges $5.1M Sale of Mixed-Use Building in Manhattan

by Amy Works March 9, 2018

NEW YORK CITY – Cushman & Wakefield has arranged the sale of a mixed-use property located at 217 E. Third St. in Manhattan’s East Village neighborhood. An undisclosed buyer acquired the property from the estate of Michael Mendez for $5.1 million. The mixed-use property consists of a vacant turn-key restaurant space on the ground floor and three free-market, floor-through apartments. The property is approximately 4,160 square feet above grade, not including a one-story structure situated at the rear of the site and separated by a small courtyard area. Additionally, the property includes 4,700 square feet of air rights and a useable basement that houses mechanicals and a storage area. Michael DeCheser of Cushman & Wakefield represented the seller in the transaction.

March 9, 2018

Midwest Missouri Restaurant Retail

Block & Co. Investment Group Acquires Restaurant Building in Belton, Missouri

by Kristin Harlow March 6, 2018

BELTON, MO. — A local investment group managed by Block & Co. Inc. Realtors has acquired a 6,799-square-foot restaurant building net leased to Jose Pepper’s in Belton, about 20 miles south of Kansas City. The purchase price was not disclosed. The property is located at 1100 E. North Ave. near Interstate 49. The building sits on a 1.7-acre pad site in front of a shopping center with tenants such as Target, Home Depot and Kohl’s. The seller for the 1031 exchange transaction was not disclosed. Jose Pepper’s, a Mexican restaurant, maintains 14 locations throughout greater Kansas City.

March 6, 2018

Nevada Restaurant Retail Western

DC Building Group Completes Taco Bell in Downtown Las Vegas

by Nellie Day March 5, 2018

LAS VEGAS — DC Building Group, a Las Vegas-based general contractor, has completed a new Taco Bell location on East Charleston Boulevard in Las Vegas, marking the first Taco Bell in downtown Las Vegas. Architect Gary Guy Wilson designed the project. The project is the second of this particular design prototype in the Las Vegas area. DC Building Group used rusted metal on the corner sign façade and horizontal silver aluminum on the slat wall for its metal aesthetics. The wall has back-lit LEDs to illuminate purple EIFS creating a branded purple glow at night. Founded in 2001, DC Building Group is a general contracting firm with a focus on the Western U.S.

March 5, 2018

Michigan Midwest Restaurant Retail

Galley Group to Open Food Hall at Federal Reserve Building in Detroit

by Kristin Harlow March 2, 2018

DETROIT — Galley Group has unveiled plans to open a food hall in the Federal Reserve Building, owned by Bedrock and located in downtown Detroit. The 8,646-square-foot space will feature an open floor plan with four kitchen spaces and a centralized full bar. Completion is slated for this fall. Applications are now open for chefs to submit their restaurant ideas and vie for a kitchen space. Galley Group is also opening a location in Cleveland this year following its two food halls in Pittsburgh.

March 2, 2018

Newer Posts

Older Posts