AVENEL, N.J. — Subway has signed on for space at Delco Plaza in Avenel. The 77,928-square-foot neighborhood shopping center is now 100 percent leased. Delco Plaza is located on St. Georges Avenue (Route 35) at Peach Street. Other tenants at the shopping center include Pathmark, Boston Market, Photo Time, Crystal Vision, Golden Touch Jewelers, 99 Cent Max, Hair Designs, BuyRite Liquors, Beauty Castle, Radio Shack, Bank of America, pizza and Chinese restaurants and a nail salon. Ethan Goldsmith of Levin Management Corp., the exclusive leasing and managing agent for the property, brokered the 800-square-foot commitment.
Restaurant
HOUSTON — Texas/Southwest Group has arranged a 10,391-square-foot restaurant lease in Houston. The tenant, Chuy’s Mexican Restaurant, will occupy space at 9350 Westheimer Dr. James Doyle and Mac Ruggles of Texas/Southwest Group represented the landlord, Baker Krehel Investments, R&K Ltd. Terms of the lease were not released.
BLOOMFIELD, N.J. —Zeytinia Fresh Made has opened at the BroadAcres office park, located in Bloomfield. The restaurant will occupy 1,727 square feet of space on the ground floor of 200 Broadacres Dr. It will feature dining inside and outside on an adjacent patio, as well as catering for tenants of the office park. BroadAcres is a 20-acre office park situated near the Garden State Parkway. It comprises 360,000 square feet of Class A office space in a park-like setting. It is owned by Prism Capital Partners.
DES PERES, MO. – Marcus and Millichap has brokered the sale of El Torito Restaurants dba Casa Gallardo in Des Peres for approximately $1.98 million. The property, located at 12796 Manchester Rd., is a single-tenant restaurant totaling 9,709 square feet. Marcus and Millichap’s Gregory Tobben, based in the firm’s St. Louis office, represented the seller, a limited liability corporation.
NEW YORK CITY — Livingston, N.J.-based Jarmel Kizel Architects & Engineers is completing design and structural engineering work for a new 7,300-square-foot T.G.I. Friday’s restaurant, located at 1780 Gun Hill Rd. in the Bronx, New York City. The restaurant will be able to seat 330 and completion is scheduled for this month. Jarmel Kizel is working with the franchise owner, Livingston-based Briad Group, as well Vornado Realty Trust, the owner of the shopping center in which the new restaurant will be located. T.G.I. Friday’s will be occupying a pad site. Jarmel Kizel has worked with Briad Group on 20 Friday’s locations in New Jersey, New York, Connecticut, California and Arizona.
LEVITTOWN, PA. — Sonic, the largest drive-in restaurant chain in America, officially opened for business at Levittown Town Center in Levittown. The restaurants 5,000-square-foot stand-alone store joins other retailers such as Home Depot, Wachovia, and Taco Bell at the 468,675-square-foot retail center. Owned by DLC Management Corp., the center is approximately 85 percent leased. Additional retailers opening this summer include Wal-Mart Supercenter, Ross Dress for Less, Advance Auto Parts, Famous Footwear, Dollar Tree, Deb Shops, GameStop, Sally Beauty, CiCi’s Pizza and many more. Levittown Town Center is slated for completion this summer.
DALLAS — Centro Properties Group has leased 4,231 square feet within Skillman Abrams, a shopping center located in Dallas, to Stone Elephant, a bar and grill. The space is situated at the intersection of Skillman Street and Abrams Road near East Northwest Highway. Marcia Minton provided in-house representation for Centro in lease negotiations. The tenant was represented by James Hartsough of Dallas-based Swearingon Real Estate. Terms of the lease were not released.
MISSOURI CITY, TEXAS — Restaurant Frenchy’s Chicken has signed a new lease for 2,800 square feet at the corner of Highway 6 and FM 1092 in Missouri City. Matt Keener, Russell Janicek and Mark Raines of CB Richard Ellis represented the tenant in lease negotiations. Rodney Lerner of Rodney Lerner Realty represented the landlord, SDI Realty. Terms of the lease were not disclosed.
DALLAS — Marcus & Millichap has brokered the sale of a 3,000-square-foot Wendy’s restaurant located in Dallas. The restaurant is situated on 0.8 acres at 4018 Lemmon Ave. Wendy’s is occupying the property under a new 20-year lease. Glen Kunofsky and Russell Wachtler of Marcus & Millichap’s Manhattan, New York City, office, along with Jason Vitorino of the firm’s Dallas office, marketed the property on behalf of the seller, a fund manager. Vincent Knipp of Marcus & Millichap’s Fort Worth, Texas, office secured and represented the buyer, a limited liability company. The property traded at a 6.88 percent capitalization rate.
HOUSTON — Buffalo Wild Wings Bar & Grill has leased space at Greenway Commons in Houston for a new restaurant. It will occupy 5,800 square feet at the center, which is located at the corner of Weslayan Street and Richmond Avenue, near Greenway Plaza. Alex Makris and Jazz Hamilton of CB Richard Ellis represented the landlord, Dallas-based Trammell Crow Co. The tenant was represented by Matt Keener, Russell Janicek and Mark Raines, also of CB Richard Ellis. The restaurant’s opening date was not released.