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Food Retailers Expanding Nationwide
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Food Retailers Expanding Nationwide The Jan Cos. trades as Burger King at 65 locations throughout MA, ME and RI. The restaurants occupy spaces of 2,800 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. The company requires a land area of one acre. Typical leases run 20 years. Preferred demographics include a population of 100,000 within five miles earning $35,000 as the average household income. Competition is cited as McDonald’s. For more information, contact Janice Matthews, The Jan Cos., 35 Sockanosset Cross Road, Cranston, RI 02920; 401-946-4000, Fax 401-946-4392; Email: jmatthews@jancom.com.
Boston Restaurant Associates trades as Pizzeria Regina at 12 locations throughout FL, MA, NJ, RI and VA. The pizzerias occupy space of 1,000 sq.ft. in malls. Plans call for two openings throughout Boston, MA during the coming 18 months. Typical leases run 10 years. For more information, contact Steven Napolitano, Boston Restaurant Associates, 999 Broadway, Suite 400, Saugus, MA 01906; 781-231-7575, Fax 781-231-5225; Email: george@rail.com; Web site: www.pizzaregina.com.
Green Mill Restaurants, Inc. trades as Green Mill at 33 locations throughout KS, MN, ND, SD and WI. The restaurants occupy spaces of 6,000 sq.ft. in strip centers and freestanding locations. Plans call for 10 openings throughout CO, KS, IA, IL, MN, ND, SD and WI during the coming 18 months. Typical leases run 10 years plus options. Competition is cited as Applebee’s and T.G.I. Friday’s. The company is franchising. For more information, contact Todd King, Green Mill Restaurants, Inc., 4105 Lexington Avenue North, Suite 240, Arden Hills, MN 55126; 651-203-3100, Fax 651-203-3101; Web site: www.greenmill.com.
Cardinal Restaurants, Inc. trades as Taco Bell and Taco Bell/KFC at 80 locations throughout OH, OR and WA. The restaurants occupy spaces of 2,500 sq.ft. to 3,200 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. The company requires a land area of 30,000 sq.ft. For more information, contact Dennis January, Cardinal Restaurants, Inc., 1700 Washington Street, Vancouver, WA 98660; 360-694-7855 Ext. 204, Fax 360-694-7873; Email: djanuary@pacificbells.com.
Fresh Concepts trades as Souper Salad and Souper Salad Express at 10 locations throughout MA. The restaurants occupy spaces of 1,000 sq.ft. to 4,000 sq.ft. in downtown areas. Growth opportunities are sought throughout the East Coast during the coming 18 months. For more information, contact Bruce Reinstein, Fresh Concepts, 145 Rosemary Street, Suite C, Needham, MA 02494; 781-453-0200, Fax 781-453-8686
Arby’s of Canada, Inc. trades as Arby’s at 130 locations throughout Canada. The restaurants occupy spaces of 400 sq.ft. to 3,000 sq.ft. in malls and freestanding locations. Growth opportunities are sought throughout Canada during the coming 18 months. The company is franchising. Preferred spaces include 400 sq.ft. to 450 sq.ft. in food courts and 3,000 sq.ft. in freestanding locations. Typical leases run 20 years. For more information, contact Mike Brown, Arby’s of Canada, Inc., 6299 Airport Road, Suite 200, Mississauga, Ontario, Canada L4V 1N3; 905-672-2729 Ext. 223, Fax 905-672-2755; Email: mbrown@arbys.com; Web site: www.arbys.com.
Checkers/Rally’s operates 795 locations throughout the Midwest and the South. The restaurants occupy spaces of 1,026 sq.ft. in freestanding locations, malls and power and outlet centers. Growth opportunities are sought throughout Miami and Tampa Bay, FL during the coming 18 months, with representation by Colliers-Arnold. The company requires a land area of 0.5 acres and will acquire sites. For more information, contact Tom Chamblee, Colliers-Arnold, 4350 West Cypress Street, Suite 300, Tampa, FL 33607-4175; 813-221-2290, Fax 813-224-9403; Email: tchamblee@colliersarnold.com; Web site: www.colliersarnold.com.
Atlanta Bread Co. operates 173 locations nationwide. The bakeries occupy spaces of 4,000 sq.ft. to 4,400 sq.ft. in power, strip, specialty and mixed-use centers and freestanding locations. Plans call for 60 openings throughout Dade, Broward and Palm Beach Counties, FL during the coming 18 months, with representation by Rotella Toroyan Clinton Group. Leases running 10 years are typical. A vanilla shell and specific improvements are required. For more information, contact Bill Pace, Rotella Toroyan Clinton Group, 3300 North Federal Highway, Fort Lauderdale, FL 33306; 954-568-9015, Fax 954-568-9597; Email: wrp@rtcgrealestate.com.
Yard House operates nine locations throughout CA, CO, FL and IL. The restaurants occupy spaces of 10,000 sq.ft. to 11,000 sq.ft. in endcaps and inline spaces. Plans call for three openings nationwide during the coming three years, with representation by Prince Commercial Real Estate Services, Inc. A full liquor license is required. The company is targeting entertainment-themed regional shopping centers and requires a site with patio space of 1,500 sq.ft. to 2,000 sq.ft. Niko Niko operates eight locations throughout CA and Korea. The restaurants occupy spaces of 1,700 sq.ft. to 4,000 sq.ft. in endcaps and inline spaces. Plans call for 10 openings throughout CA, with a focus on Orange County, southern Los Angeles and northern San Diego, during the coming year, with representation by Prince Commercial Real Estate Services, Inc. A beer and wine license is required. For more information, contact George Prince, Prince Commercial Real Estate Services, Inc., 2601 Main Street, Suite 540, Irvine, CA 92614; 949-852-1300 Ext. 13, Fax 949-852-8300; Email: gprince@princecommercial.com.
Campbell Soup, Inc. trades as Godiva Chocolatier, Inc. at 268 locations nationwide and in Canada. The restaurants occupy spaces of 850 sq.ft. in malls and urban/downtown areas. Plans call for five to 10 openings nationwide during the coming 18 months. Typical leases run 10 years. Preferred demographics include a population of 300,000 within 10 miles earning $50,000 as the average household income. The company also trades as Pepperidge Farm at 88 locations east of the Mississippi River. The stores, which specialize in packed baked goods and soups, occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in strip and outlet centers. Plans call for five to seven openings throughout the existing markets during the coming 18 months. Typical leases run three to five years. Preferred demographics include a population of 250,000 within five miles earning $40,000 as the average household income. The company will not consider supermarket-anchored centers. For more information, contact Bart Delaney, Campbell Soup, Inc., 595 Westport Avenue, Norwalk, CT 06851; 203-846-7381, Fax 203-846-7287.
Krispy Kreme operates five locations throughout CT, MA and RI. The doughnut shops occupy spaces of 4,800 sq.ft. in freestanding locations. Plans call for eight openings throughout the existing markets during the coming 18 months, with representation by The Jan Cos. Typical leases run 20 years. Preferred demographics include a population of 250,000 within five miles earning $45,000 as the average household income. The company requires a land area of one acre. For more information, contact Janice Matthews, The Jan Cos., 35 Sockanosset Cross Road, Cranston, RI 02920; 401-946-4000, Fax 401-946-4392; Email: jmatthews@jancom.com. |