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Hospitality

  • Three restaurants sign with Mid-America

    Chicago — Mid-America Asset Management Inc. has announced that three new restaurants have taken space in Chicagoland shopping centers.

    Restaurant franchise Red Snapper has leased 1,800 sq. ft. at Dorchester Commons in the Hyde Park neighborhood of Chicago. Mid-America represented the landlord. The tenant was self-represented.

  • Super Chicken signs into Waldorf Shoppers World

    Rockville, Md. — Super Chicken has taken 3,436 sq. ft. of space at Waldorf Shoppers World in Waldorf, Md. The restaurant specializes in Peruvian-style chicken dishes and operates seven locations in the greater Washington, D.C., area.

    Divaris Real Estate represented the tenant, Chicken Rico Waldorf in the lease negotiations.

  • Former Amazon exec fills McDigital role

    Atif Rafiq was named to the newly created position of chief digital officer at McDonald’s after previously serving as general manager of Kindle Direct Publishing at Amazon.

    In his new role, Rafiq will lead McDonald's global digital strategy focusing on future growth in e-commerce, modernizing the restaurant experience and engaging with consumers across the digital landscape. Rafiq will report to chief brand officer Steve Easterbrook.

  • PizzaRev: Opening Up the Business to Franchisees

    In its PizzaRev case study series, CSA offers an insider’s look at the conception, initial rollout and growth of the southern Calif.-based fast-casual concept PizzaRev. Likened to “the Chipotle of pizza,” this innovative chain lets customers choose from an artisanal array of toppings to craft their own pizzas very quickly in a high-end stone hearth oven. A test kitchen in Northridge, Calif., was launched in April 2012 and two additional locations quickly followed.

  • Call for Entries: Chain Store Age’s Retail Store of the Year Design Competition

    New York -- Chain Store Age invites retailers, design firms, architects and suppliers to submit entires for its 33rd annual Retail Store of the Year design competition.     For more information and an entry form, click here  
  • PECO NNN buys Family Dollar, Raising Cane’s locations

    Salt Lake City -- PECO Net Lease Income Fund (NLIF) has acquired four properties including two Family Dollar stores in New Mexico and two Raising Cane's restaurants, including one in Lexington, Ky., and one in Mt. Pleasant, S.C.

  • Mixed-use planned for six acres in L.A.’s South Park

    Los Angeles — Mack Urban Real Estate Group and AECOM Capital have acquired six acres in the Los Angeles central business district. The $80 million transaction is the largest land acquisition in the CBD since before the recession. The seller was EVOQ Properties.

    The acquisition is part of a Mack Urban and AECOM plan to build a portfolio of class A, institutional quality multifamily developments in West Coast gateway cities.

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