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Restaurant

  • 5 Napkin Burger to open at Union Square

    New York City -- Winick Realty Group said that 5 Napkin Burger, the popular burger chain that’s opened three New York locations since 2003, has leased its fourth location at 150 East 14th Street, on the southwest corner of Third Avenue.

    The restaurant includes 3,570 sq. ft. of ground-floor space, as well as a full basement. The new location is slated to open in April.

  • Bigg’s Place Mall sold, clears way for new Jungle Jim’s

    Cincinnati -- Colliers International Greater Cincinnati announced the $7.5 million sale of a multi-tenant, power center in the Eastgate trade area of Cincinnati.

    The sale of Bigg’s Place Mall – from JPMCC 2006-LDP6 EastGate Boulevard, LLC to Union Township Clermont County CIC of Ohio -- will clear the way for a new Jungle Jim’s supermarket.

  • Dunkin’ Donuts to open 500 stores in India via franchise with local partner

    New York City -- Dunkin’ Brands plans to open 500 Dunkin’ Donuts stores in India over the next 15 years through a partnership with restaurant chain operator Jubilant FoodWorks Ltd.

    Dunkin’ Donuts signed a franchise agreement with Jubilant, according to a statement distributed by PR Newswire today. The first Dunkin’ Donuts shop will open early next year, and will feature the company’s signature coffee and bakery products as well as food developed specifically for the Indian market.

  • McAlister’s Deli to open at Notre Dame

    South Bend, Ind. -- Indianapolis-based Kite Realty Group said that McAlister’s Deli will open a 4,551-sq.-ft. location at Notre Dame, in South Bend, Ind.

    The new quick-service delicatessen is slated to open this summer.
     

  • PlayNetwork expands with U.K.-based branch

    Redmond, Wash. -- PlayNetwork said Thursday it has launched into the European market and acquired Absolute Audio Systems Ltd., a U.K.-based provider of commercial media products and A/V systems integration services across Europe.

  • Red Mango makes regional debut at Cherry Hill Mall

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that frozen yogurt purveyor Red Mango has opened at Cherry Hill Mall.

    The 196-sq.-ft. Red Mango kiosk is located near Macy’s Court and is the company’s first in the region.

  • Terranova, Acadia acquire three buildings in $52 million deal

    Miami Beach, Fla. -- Joint venture affiliates of Terranova Corp. and Acadia Realty Trust announced they have closed on the acquisition of three Lincoln Road properties in Miami Beach, Fla.

    The approximately $52 million deal adds just over 61,000 sq. ft. to their urban street-front retail portfolios.

    Current tenants at the properties include Starbucks, Geox Shoes, and Zagat-rated restaurants Sushi Samba Dromo and Tacontento. Terranova will manage and lease the Lincoln Road properties.

  • Panda Express to open at Scharrington Square

    Schaumburg, Ill. -- Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Panda Express signed a lease for 2,400 sq. ft. of space at Scharrington Square in Schaumburg, Ill., a northwest suburb of Chicago.

    Panda Express is slated to open this summer.

    Renewing leases at the 187,812-sq.-ft. Scharrington Square are anchor Jewel/Osco for 64,925 sq. ft. of space, and Panera Bread for 4,500 sq. ft. of space, which has plans to add a drive-through service.

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