Hospitality

Tucson, Ariz. — Mama’s Hawaiian Bar-B-Cue has signed a lease for a 2,000-sq.-ft. restaurant in Cortaro Plaza in Tucson, Ariz. The new location, the third for the young chain, is expected to open in mid-January 2014. The first two locations are near the University of Arizona and in Sahuarita, Ariz., a Tucson suburb.

Commercial Retail Advisors represented both the landlord, Cortaro Investments and the tenant, Mama’s Family Restaurants in the lease transaction.

Louisville, Ky. — Brazeiros Churrascaria, a traditional Brazilian steakhouse will open its doors at Fourth Street Live! in Louisville early next year. The restaurant will occupy more than 6,000 sq. ft. and employ approximately 85.

Brazeiros is an authentic churrascaria, which means steakhouse, and churrasco is a gaucho’s traditional way of cooking meats.

LONDON — P&G Professional, a division of Procter and Gamble that supplies professional cleaning products to hotels, restaurants, care homes and other businesses, has unveiled an e-commerce site making P&G Professional's new range of specialist branded cleaning products available for online purchase.

New York -- Starbucks CEO Howard Schultz had resigned from the board of mobile payments company Square Inc., Reuters reported.

Square, founded in 2009 by Twitter Inc co-creator Jack Dorsey, named David Viniar, most recently the CFO of Goldman Sachs Group, as a replacement.

Schultz joined Square's board in August 2012 by investing $25 million in a deal to use its technology to process debit and credit card payments at the coffee chain's stores.

Miami — The Cheese Course, a European-style cheese shop and bistro, has leased 1,500 sq. ft. in the plaza of Miami’s Southeast Financial Center, Florida’s tallest and largest office tower and plaza, totaling 1.225 million sq. ft.

The newest tenant joins other South Florida dining favorites including Spris, and The Newsstand Café by Books & Books.

Seattle -- Starbucks Coffee Company on Wednesday reported a better-then-expected 34% rise in its fiscal fourth-quarter and raised its quarterly dividend 24%. The company earned $481.1 million, up from $359 million a year ago.

Total net revenues increased 13% to $3.8 billion, just short of expectations.

Global same-store sales increased 7%, driven by a 5% increase in traffic. Same-store sales were up 8% in the United States and the Americas and 8% in China/Asia Pacific region.

Tucson, Ariz. — Little Caesar Enterprises has signed a 1,494-sq.-ft. lease in Northgate Plaza in Tucson, Ariz. Expected to open in the first quarter of 2014, it will be Little Caesars Pizza’s sixteenth store in Tucson.

Commercial Retail Advisors represented the landlord, TNP SRT Portfolio I, and Retail Advisors Southwest represented Little Caesar Enterprises.

Plano, Texas – Pizza Hut is introducing all-new mobile ordering apps and a refreshed mobile website. The new mobile enhancements will enable users to order in less than 30 seconds, will be GPS-enabled to assist in finding the nearest restaurant and will immediately update as new products and deals are introduced.