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Hospitality

  • McAlister’s Deli names franchise vet chief development officer

    Alpharetta, Ga. – McAlister’s Deli has named Jeff Sturgis as chief development officer. Sturgis has more than 17 years of experience in the franchise industry, including working as a consultant as well as senior management and development positions with Fantastic Sams Hair Salons and Focus Brands.

    Sturgis will lead development functions including franchise sales, real estate, store design and construction.

  • Burger & Beer Joint plans 50-store expansion

    Jupiter, Fla. — Burger & Beer Joint has announced plans for an expansion of 50 stores through franchised and corporate units over the next few years. The expansion is already well underway.

    The company recently opened a third store in South Florida and has signed a 10-store franchise agreement to open stores throughout Florida and Georgia.

     

  • The Wilder Cos. takes on five new centers in eastern Massachusetts

    Boston — The Wilder Companies has been awarded five new leasing and management contracts for nearly 900,000 sq. ft. in five shopping centers on the north and south shores of Boston.

    The Crossing at Walkers Brook in Reading, Mass., is a 480,000-sq.-ft. center featuring Jordan’s Furniture, an IMAX Theatre and The Home Depot. An 80,000-sq.-ft. pedestrian-friendly lifestyle portion of the center features Staples, Golfsmith, the Paper Store, Macaroni Grill, Chili’s, and Starbucks.

  • Domino’s launches online ‘Pizza Profiles’

    Ann Arbor, Mich. – Domino’s Pizza begins a national campaign today promoting its enhanced online ordering profiles platform, allowing customers the ability to save information and reorder their favorite order in as little as five clicks, or about 30 seconds.

    Customers who order at dominos.com can create their pizza profile by saving their favorite order, as well as address and payment information, then accessing the new 'Your Easy Order' and 'Your Recent Orders' sections in the future to reorder in as few as five clicks.

  • KeyPoint brokers sale of Shrewsbury, Mass., retail property

    Burlington, Mass. — Torchlight Investors has sold the property at 476 Boston Turnpike. KeyPoint Partners represented Torchlight in the transaction.

    B-W Warrenville Operations bought the property, a former Borders Books store, prominently located in a retail-intensive section of Route 9 near Stop & Shop, Home Depot, Bed Bath & Beyond, Bob’s Stores and Staples.

    The new owner plans to redevelop the site for Buffalo Wild Wings and Tile Shop.

     

  • Camden Village in suburban Atlanta sells

    Atlanta — A private investor from the Atlanta, suburb of Johns Creek has acquired Camden Village Shopping Center from a California corporation. According to Marcus & Millichap of Atlanta, which represented the seller and buyer in the transaction, the purchase price totaled $6,150,000.

    The center includes popular local tenants like Marlow’s Tavern and Noche Restaurant among others.

     

  • Fiesta taps AMTdirect’s real estate management expertise

    Charlotte, N.C. — Fiesta Restaurant Group has selected the AMTdirect software platform to manage its portfolio of more than 300 company-owned and franchised locations in the U.S. and Latin America.

    AMTdirect’s integrated platform will streamline processes, consolidate real estate data across the business and provide Fiesta with a 360-degree view of its entire portfolio.

  • Jerry Bob’s Restaurant expands in Tucson

    Tucson, Ariz. — Jerry Bob’s Restaurant plans to open its 15th restaurant in the Tucson area — in River Crossing. JB Restaurants V, the franchisee, will own the 2,400-sq.-ft restaurant that is slated to open in January 2014.

    Commercial Retail Advisors www.cradvisorsllc.com represented the Landlord, La Cholla and River Road Associates, and CBRE represented JB Restaurants.

     

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