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Restaurant

  • Paradise Capital Group acquires Paraiso Town Center

    Thousand Oaks, Calif. -- Beverly Hills, Calif.-based Cardinal Equities, through its affiliate Paradise Capital Group, said it has acquired from U.S. Bank a 50,000-sq.-ft. retail and office complex in Dos Vientos Ranch, a master-planned community in Thousand Oaks, Calif.

    Paraiso Town Center, built in 2008 and foreclosed on by the construction lender in late 2009, includes 40,000 sq. ft. of ground-level retail and restaurant space with outdoor dining, and 10,000 sq. ft. of office space.

  • Chipotle to open at Elston Plaza

    Chicago -- Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Chipotle Mexican Grill, along with Clearly Cares Dental, have recently signed leases at Elston Plaza in Chicago.

    Denver-based Chipotle Mexican Grill, which leased 2,405 sq. ft., plans to open a restaurant in third quarter 2011. Clearly Cares Dental signed a lease for 1,500 sq. ft. with plans to open this summer.

    Elston Plaza is a 91,713-sq.-ft. Jewel/Osco-anchored shopping center in northwest Chicago.
     

  • Editor’s Pick: Au Bon Pain

    Au Bon Pain is updating its brand experience with a new customer-centric design that gives the store a more distinct personality. It also makes the space easier to navigate, with the layout redesigned to speed service.

    “We’re taking the customer experience to the next level,” said Sue Morelli, CEO for Au Bon Pain, which operates 318 locations in the United States and internationally. “The response we’ve been getting to our new prototype has validated our decision to accelerate our growth, including going to new markets nationally.”

  • Asian Fusion Restaurant to open in Williamsburg

    Brooklyn, N.Y. -- Winick Realty Group announced that Fushimi, an Asian fusion restaurant, will open its third New York City location, in Williamsburg, Brooklyn.

    The restaurant leased 7,200 sq. ft. and is set to open in the next few months.
     

  • Au Bon Pain, Boston

    Au Bon Pain is updating its brand experience with a new customer-centric design that gives the store a more distinct personality. It also makes the space easier to navigate, with the layout redesigned to speed service.

    “We’re taking the customer experience to the next level,” said Sue Morelli, CEO for Au Bon Pain, which operates 318 locations in the United States and internationally. “The response we’ve been getting to our new prototype has validated our decision to accelerate our growth, including going to new markets nationally.”

  • Smashburger to open first Jacksonville location at Seminole Shoppes

    Neptune Beach, Fla. -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space in Neptune Beach, Fla., at Seminole Shoppes to Smashburger.

    Smashburger has leased 2,100 sq. ft., bringing the center to 96% leased. The restaurant is slated to open for business in fall 2011 and is the first store location for the franchise chain in the Jacksonville area.

    The 78,240-sq.-ft. shopping center is anchored by Publix Super Market.

  • Advance Auto Parts names president of International business

    ROANOKE, Va. — Advance Auto Parts announced that Jim Durkin will join Autopart International as president. 

    “Jim is an experienced executive with a great track record of success in delivering results by building and developing strong teams that sustain their performance over time. We are very excited about the leadership skills he will bring as we continue our growth,” said Roger Patkin, CEO of AI.

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