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Hospitality

  • Yogurtland inks deal with Mansfield, Texas, center

    Irving, Texas — Yogurtland has signed a lease for 1,242 sq. ft. at Mansfield Crossing in Mansfield, Texas.

    WindStar Properties represented the landlord, Mansfield Matlock Partners, in the transaction.  Transwestern Retail represented Yogurtland.

     

  • Hooters redeems digital promotions with Sparkfly

    Atlanta - Hooters of America LLC has activated Sparkfly to enhance and streamline the capabilities of its new HootClub loyalty program. Through the relationship with Sparkfly, Hooters will gain the ability to redeem digital promotions at any location, regardless of which POS technology is used.

  • Hurricane Grill & Wings to add 22 units in 2014-2015

    West Palm Beach, Fla. -- Wing chain Hurricane Grill & Wings has signed five multi-unit development agreements, representing 22 new locations slated to open in 2014-2015.

    The Florida-based franchised brand opened two locations in early 2014, with plans for a total of 14 new units by the end of this year.

  • Starbucks files permits for La Boulange store in Los Angeles

    Seattle – Starbucks Corp. has filed building permits to open a La Boulange bakery location in Los Angeles. The permits do not specify a time when Starbucks plans to open the new store.

    Starbucks purchased the La Boulange chain in 2012 and currently sells La Boulange-branded baked goods in U.S. Starbucks outlets. However, while there are 22 La Boulange stores in San Francisco, this would be the first location outside that market. Starbucks has previously said it wants to expand La Boulange nationally.

     

  • Wal-Mart Neighborhood Market to Thousand Oaks, Calif.

    Thousand Oaks, Calif. — A 36,000-sq.-ft. Wal-Mart Neighborhood Market has opened at Thousand Oaks Marketplace in Thousand Oaks, Calif.

    Other Marketplace retailers include Chase Bank, Walgreens and Hampton Inn, with Subway and Great Clips slated to open soon. The center serves a daytime population of 75,498.

  • Steiner to lease Legacy Village in Lyndhurst, Ohio

    Columbus, Ohio — First Interstate Properties has named Steiner + Associates as the exclusive retail leasing agent for its 610,000-sq.-ft. mixed-use Legacy Village in Lyndhurst, Ohio.

  • JLL brokers sale of Market Square in Akron, Ohio

    Atlanta — JLL has announced the closing of the sale of Market Square at Montrose on behalf of LaSalle Investment Management to HP Realty LLC. Purchased for $32.5 million, the 510,231-sq.-ft. retail center hosts anchors Home Depot, J.C. Penney, Levin Furniture, Dick’s Sporting Goods, Regal Cinemas, Toys “R” Us and Cost Plus World Market.

    “Akron and similar cities are back in favor with investors,” commented Kris Cooper, a JLL managing director.

  • McDonald’s net income dips in Q1

    Oak Brook, Ill. – McDonald’s Corp. reported net income of $1.2 billion in the first quarter of fiscal 2014, a 5.5% decline from $1.27 billion in the same quarter a year earlier. Total revenues grew 1% to $6.7 billion, from $6.2 billion.

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