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  • IHOP enters Saudi Arabia

    Glendale, Calif. — DineEquity, Inc., parent company of IHOP Restaurants, has opened the first IHOP restaurant in Saudi Arabia. The restaurant, located in “Le Mall,” is part of a seven-brand restaurant destination in Jeddah, which opened Dec. 14.

  • Roark Capital closes acquisition of CKE Restaurants

    Atlanta -- An affiliate of Roark Capital Group has acquired a majority stake in CKE Restaurants Inc., owner of Carl's Jr., Hardee's and various other quick-serve restaurant chains.

  • Wendy's sells 49 locations

    Dublin, Ohio — The Wendy's Company has sold 30 locations Austin, Texas and another 19 in the Sacramento, Calif.-area in separate transactions. With the completion of the transactions, the company has now either sold or announced sales agreements for a total of 282 restaurants in 2013 as part of its System Optimization initiative.

  • Transwestern brokers two East Bay leases

    Walnut Creek, Calif. — Transwestern has brokered leases on behalf of two retail tenants: 9Round Fitness & Kickboxing and Buon Vino Manufacturing.

    9Round Fitness has taken a 1,300-sq.-ft. lease for five years in the Diablo Plaza in San Ramon, Calif.  Buon Vino signed a 1,635-sq.-ft. lease for three years at 1545 Locust St. in downtown Walnut Creek, Calif.

  • iSign releases new foodservice advertising solution

    Richmond Hill, Ont. -- Interactive mobile advertising technology provider iSign Media Corp. has developed the Smart Player Kit. The solution is a form of advertising technology that combines digital signage with mobile messaging.

    Through this technology, restaurants can now send real-time discounts and offers to customers’ mobile phones while they’re in close proximity or inside the restaurant ready to make a purchase.

  • Accepting Entries: In-Store Digital Innovation Award

    New York -- Chain Store Age's Retail Store of the Year design competition has added a new category for its 2014 awards: in-store digital innovation. Retailers, design firms, vendors and suppliers are all eligible to submit entries.

  • New retailers sign into Arbor Lakes in Maple Grove, Minn.

    Minneapolis — The Opus Group has announced office and retail leases and two land sales in the Arbor Lakes development in Maple Grove, Minn.

    Pro Ag Management Inc. will occupy 9,179 sq. ft. on the second floor of the North End Office and Retail Building. With the Pro Ag lease, the center’s office space is now 100% leased. On the retail side, Sola Salon Studios has leased 4,524 sq. ft. of ground-level retail space in the same building. Colliers International brokers represented the tenants as well as Opus in these transactions.

  • Dickey’s BBQ Pit to Plaza Escondida in Tucson

    Tucson, Ariz. — Dickey’s BBQ Pit has signed a 2,700-sq.-ft. lease at the Plaza Escondida Shopping Center in Tucson, Ariz. Keller Williams Southern Arizona represented the tenant in the transaction. CBRE (www.cbre.com) represented the landlord, Roseville Tucson LLC.

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