Monday, March 2, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Restaurant

AcquisitionsMidwestMinnesotaRestaurantRetail

Boulder Group Arranges $3.4M Sale of Outback Steakhouse-Occupied Retail Property in Metro Minneapolis

by Kristin Harlow

COON RAPIDS, MINN. — The Boulder Group has arranged the $3.4 million sale of a single-tenant retail property net leased to Outback Steakhouse in Coon Rapids within metro Minneapolis. The 6,268-square-foot restaurant building is located at 8880 Springbrook Drive NW. Randy Blankstein and Jimmy Goodman of Boulder represented the buyer, a California-based private investor. The seller was a New York-based real estate private equity firm. Outback has 12 years remaining on its lease with three five-year renewal options as well as 1.8 percent annual rental increases in the primary term. The tenant has operated at the property for 27 years. Outback, a subsidiary of Bloomin’ Brands, operates more than 1,000 restaurants worldwide.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentRestaurantRetailTexas

MLSA Ventures to Redevelop La Villita Assembly Hall in San Antonio

by Taylor Williams

SAN ANTONIO — MLSA Ventures will redevelop the historic La Villita Assembly Hall in San Antonio into a 49,993-square-foot food-and-beverage destination. Renovations to the building, which was originally constructed in 1958, will begin during the second quarter of 2025. In addition to space for food and beverage concepts, the redevelopment will include public patios and a large outdoor bar with a beer garden. Completion is expected for 2027. Ford, Powell & Carson is the project’s architect of record, and Kopplow Construction is the general contractor. JLL is the leasing agent.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityRestaurantRetailTexas

Poag Development Welcomes Three New Tenants to Shopping Center Near Denton

by Taylor Williams

HIGHLAND VILLAGE, TEXAS — Memphis-based Poag Development Group has welcomed three new tenants to The Shops at Highland Village, an 359,781-square-foot retail property located near the North Texas city of Denton. Chinese restaurant Dragon House will open a 5,200-square-foot space next to AMC Theatres in October. Athleisure apparel provider lululemon has leased a 5,590-square-foot space next to The Cheesecake Factory, and wellness concept iCRYO has taken a 2,587-square-foot space adjacent to Boardroom Salon for Men. JLL manages Shops at Highland Village on behalf of Poag.

Continue Reading
FacebookTwitterLinkedinEmail
9660-Kiefer-Blvd-Sacramento-CA
AcquisitionsCaliforniaNet LeaseRestaurantRetailWestern

Marcus & Millichap Facilitates Purchase of 3,500 SF Starbucks-Occupied Retail Property in Sacramento

by Amy Works

SACRAMENTO, CALIF. — Marcus & Millichap has arranged the acquisition of a restaurant property located at 9660 Kiefer Blvd. in Sacramento. An individual/personal trust acquired the asset from an undisclosed seller for $2.6 million. Starbucks Coffee occupies the 3,500-square-foot property on a 15-year, corporate net-lease basis. Yuri Sergunin and J.J. Taughinbaugh of Marcus & Millichap’s Palo Alto, Calif., office represented the buyer, while Cushman & Wakefield represented the seller in the deal. The transaction included a 1031 exchange for the buyer.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityMidwestNebraskaRestaurantRetail

Plum Market Travel Services to Operate 10 Food-and-Beverage Locations at Omaha Eppley Airfield

by Kristin Harlow

OMAHA, NEB. — Plum Market Travel Services has been awarded a contract to operate 10 dining, retail and Gourmet Natural Market locations at Omaha Eppley Airfield (OMA) in Nebraska. The agreement, part of OMA’s $950 million terminal expansion and modernization plan, comprises the majority of the food-and-beverage offerings. Plum Market Travel Services is a subsidiary of Plum Market, a natural food, beverage and wellness essentials retailer. The 10 locations consist of nine brands spanning various cuisines and formats. Notable brands include Runza, Panda Express and Sambazon, along with several local Omaha restaurants such as Block 16 and Fernando’s. Additionally, Plum Market will open two of its own concepts: a full-service kitchen and bar with all-natural snacks and travel essentials, and a convenient grab-and-go, quick-service format. The terminal expansion is slated to open in 2027.

Continue Reading
FacebookTwitterLinkedinEmail
Music-Lane-Austin
Market ReportsMixed-UseRestaurantRetailTexasTexas Market Reports

Placemaking: The Secret to Success of Texas’ New Urban Retail Developments

by Taylor Williams

By Burdette Huffman, executive vice president, Blue Ox Group Why are people drawn to spend money and time at certain places in a city? What makes someone want to do their shopping, stop for coffee or plan a date night at one spot versus another? Sometimes, it’s a special location or an emotional connection to a particular vendor. But in many instances, the draw is entirely by design. It’s an intentional, strategic urban planning tactic that’s been around for decades, and it’s called placemaking. What Is Placemaking?The concept of placemaking has been around since the 1960s thanks to urban planning pioneers and was bolstered in the 1990s by the smart growth agenda of organizations like the Urban Land Institute. In modern parlance across the state, it’s not much different. Put simply, placemaking is about creating a special place where people want to be. Placemaking is about imagining and then developing a place where parents might want to grab coffee after dropping their kids off at school. Or it’s a place where date nights happen because there’s a great new spot for dinner and maybe space to take a walk or grab a drink afterward. If it’s executed correctly, it’s the …

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityRestaurantRetailTexas

Mountain Mike’s Signs Three Franchise Deals to Open 11 Pizza Restaurants in Texas

by Taylor Williams

NEWPORT BEACH, CALIF. — California-based pizza chain Mountain Mike’s has signed three multi-unit franchise agreements to open 11 new restaurants in Texas. The deals call for five restaurants in Austin, three restaurants in metro Houston and three restaurants in the Dallas-Fort Worth (DFW) metroplex. Franchisees Rajeev Dewan, Ajay and Karina Gorde and Tim Fogarty will own and operate the units in Austin, metro Houston and DFW, respectively. Mountain Mike’s current portfolio includes four existing restaurants in the DFW area and one in greater Houston.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityRestaurantRetailTexas

Duro Hospitality to Open 7,500 SF Restaurant in North Dallas

by Taylor Williams

DALLAS — Duro Hospitality, the group behind brands such as The Charles, Mister Charles, Café Duro, Casa Duro and El Carlos Elegante, will open a new, 7,500-square-foot restaurant in the Preston Center area of North Dallas. The name and concept behind the restaurant were not disclosed, but the space is located on the ground floor of 8111 Douglas, a 225,000-square-foot office building owned by Lincoln Property Co. The restaurant opening is slated for late 2025.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityMidwestMissouriRestaurantRetail

Wingstop Leases 1,600 SF at Frolics Plaza Shopping Center in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — Wingstop has leased 1,600 square feet at Frolics Plaza Shopping Center in Kansas City. Jody Minder of Block & Co. Inc. Realtors represented the undisclosed landlord, while Andrew Sandburg of Lane4 Property Group represented the tenant. Construction will start immediately to devise the 3,250-square-foot space, with 1,600 square feet utilized for Wingstop and the remaining available for lease. Wingstop is expected to open in summer 2025. Frolics Plaza is home to Rainbow Chinese Restaurant, Ixtapa Fine Mexican Cuisine, Moti Mahal Indian Restaurant, ISmoke Vape Shop and Smoothie King. Block & Co. handles leasing and management of the property.

Continue Reading
FacebookTwitterLinkedinEmail
FloridaLeasing ActivityMixed-UseRestaurantRetailSoutheast

Four New Tenants Sign Leases at Promenade at Coconut Creek Near Fort Lauderdale

by John Nelson

COCONUT CREEK, FLA. — Four new tenants have signed leases at Promenade at Coconut Creek, a shopping center located in Coconut Creek, approximately 15 miles north of downtown Fort Lauderdale. Fragrance store Orientica is now open at the property, within a 1,045-square-foot space. Karma Bath & Body Co. is scheduled to open a 1,868-square-foot store later this month, and My Phone Lab and Happy Monkey will occupy 1,801 and 1,000 square feet, respectively, beginning in October. Avison Young manages and leases Promenade at Coconut Creek on behalf of the owner, Charlotte-based Hill Partners Inc.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts