Restaurant

Originally purchased by Paster Enterprises in 1985, Mendota Plaza in Mendota Heights, Minn., underwent a minor facelift in 1989. In 2005, it became evident that the 60,000-sq.-ft. community shopping center needed a significant revitalization, and so the planning began. While developing the plans for the new and improved Mendota Plaza, Paster Enterprises worked tirelessly to acquire the adjacent eight acres of land. Along with several smaller parcels, the land was acquired, bringing the full parcel to 21.2 acres.

Baltimore -- Power Plant Live! and The Cordish Cos. announced that entertainment concepts PBR Baltimore and The Baltimore Comedy Factory will host grand openings the first two weekends in March.

These latest downtown destinations join the recently opened Tatu Asian Grill in what will be a series of high-profile additions to Power Plant Live!, part of a multi-million dollar renovation and expansion of the project (going on its 12th year of operations).

San Jose, Calif. -- VeriFone Systems announced it has won a contract to supply its PAYware Merchant card payment and settlement hosted service to Arcos Dorados, the largest restaurant operator in Latin America and the largest McDonald's franchisee in the world.

Beginning with 220 McDonald’s restaurants in Argentina and Uruguay, PAYware Merchant will be integrated with a proprietary POS system to accommodate card payment processing at the point of sale.

Coppell, Texas -- CiCi's Pizza announced Monday that it has signed agreements for the addition of 16 units over the next five years and hired Wingstop veteran Bruce Evans to lead franchise sales.

The moves are part of CiCi's growth initiative, with the goal of adding 500 restaurants in the next eight to 10 years.

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.
 

Ventura, Calif. -- Jacksonville, Fla.-based Regency Centers said that Freeb!rds World Burrito has leased retail space in Ventura, Calif., at Ventura Village shopping center.

The fast casual-style Mexican restaurant has leased 2,808 sq. ft., bringing the center to 98% leased. The tenant is slated to open in June.

The Ventura Village location will be the first in Ventura County and one of the first five Freeb!rds restaurants to open in California. 

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.

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.