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Applebee's

  • Major Western restaurant player to open five Utah PizzaRev locations

    Salt Lake City -- PizzaRev franchisee group Away We Dough, Inc. is opening Utah’s first PizzaRev – a build-your-own artisanal pizza concept with roots in Southern California.

    The new West Valley restaurant is the first of five franchise locations planned to open in Utah in the next six months.

    Away We Dough is part of William Tell, Inc. based in Salt Lake City, which owns and operates 18 Applebee’s and eight Famous Dave’s in Utah and Washington.

  • Applebee’s acquires pad in Richardson, Texas

    Dallas — Applebee’s has purchased a one-acre pad in Richardson, Texas, from Leon Capital Group. Venture Commercial Real Estate represented Applebee’s in the transaction.

    Venture Commercial’s full-service real estate platform includes landlord and tenant representation, property management, land sales, disposition and income property sales. As the D-FW partner of X Team International, Venture is able to serve its clients on a national scale.

     

  • PizzaRev adds four franchisee groups

    Los Angeles — PizzaRev has signed agreements with four franchisee groups covering territory in five states. The deals will lead to the opening of new units in San Diego and Orange counties in California plus Utah, Nebraska, North Dakota and South Dakota. Here are brief profiles of each group:

  • Pay at the Table

    APPLEBEE’S GIVES CUSTOMERS MORE CONTROL OF DINING EXPERIENCE

    Casual dining chain Applebee’s is looking to redefine and enhance its guest experience by placing tablets tableside. The company plans to deploy 100,000 devices — E la Carte Presto tablets, powered by Intel — chainwide by the end of 2014. It is installing the tablets on every table and in multiple bar positions at its more than 1,8000 U.S. restaurants.

  • Applebee’s rolls out customer tablets

    Kansas City – Applebee’s will roll out 100,000 E la Carte Presto tablets, powered by Intel, on every table and multiple bar positions at more than 1,800 Applebee’s restaurants in the U.S. by the end of 2014. DineEquity, franchisor of Applebee’s and IHOP restaurants, will also consider the tablets, which enable guests to add to their orders, pay and play games from their seats, will also be considered for introduction at IHOP locations.

  • Winick brings three new tenants to Flatbush Avenue

    New York — Winick Realty Group has negotiated leases bringing three new retailers to the Flatbush Avenue retail Corridor in Brooklyn, N.Y.

    Starbucks, Game Champ and Cohen’s Fashion Optical will all open doors at 395 Flatbush Avenue Extension, a full-block retail site anchored by Applebee’s and McDonald’s.

    Winick represented landlord Rabina Properties in all three transactions.

     

  • Five Applebee’s sold in 1031 exchange

    San Diego  — Representing a real estate investment trust, The Mansour Group has sold a portfolio of five Applebee’s for $13.3 million.

    To complete the transaction, The Mansour Group sourced a private high net worth California investor, who sold an apartment complex and acquired the portfolio through a 1031 exchange. The restaurants are located in North Carolina, Texas, Tennessee, Minnesota and Kentucky:

  • Colliers: Shopping centers national vacancy rate down in Q1

    Seattle -- The national vacancy rate for shopping centers dropped slightly from 10.09% to 10.06% in the first quarter of 2013, according to a study by global real estate services company Colliers International. In addition, shopping centers absorbed nearly 4.5 million sq. ft. in the first quarter.

  • Agree Realty acquires Applebee’s restaurant portfolio

    Farmington Hills, Mich. -- Agree Realty Corp. said Thursday it acquired a portfolio of four Applebee's restaurants, as well as an Advance Auto Parts in late December 2012 for about $10 million.

    These latest acquisitions bring Agree’s 2012 total purchase activity to approximately $81.5 million.

    The recently acquired Applebee's assets are located in Harlingen, Texas, and Wichita Falls, Texas, as well as two properties in Pensacola, Fla. The Advance Auto Parts is located on an outlot to a Walmart Supercenter in Lebanon, Va.

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