Latest press releases in Restaurants

Hanley Investment Group Sells 99 Cents Only Anchored Shopping Center for $4,827,000 in Las Vegas
Eric P. Wohl and Edward B. Hanley of Hanley Investment Group represented the buyer and seller in the sale of a 27,300-square-foot shopping center in Las Vegas. The purchase price was $4,827,000, representing $177 per square foot. Tenants include 99 Cents Only, Burger King (ground lease), LaunderLand and Moneytree. The property was built in 2003 and was 100 percent occupied at the time of sale.

Free Birthday Planning: New Website Offers Wide Variety of Venues, Creative Ideas, and Exceptional Service
A new approach to planning your birthday party with specialists who have insider knowledge to hot spots in your area.

Hanley Investment Group Sells Multi-Tenant Retail Strip Center in Orange County, Calif. for $3,000,000
Edward B. Hanley and Eric P. Wohl of Hanley Investment Group Real Estate Advisors represented the seller in the sale of Walnut Newport Center, a 9,597 sq.ft. multi-tenant retail strip center located at 13842 Newport Avenue in Tustin, Calif. The purchase price was $2,990,007, representing $312 psf. Built in 1986, the four-tenant strip center is anchored by Blockbuster Video and is situated on a 0.74 acre parcel of land. The center was 100 percent occupied at the time of sale.

Birthdaypartyreservations.com Provides Lavish Last- Minute Valentine’s Day Locations
New online company provides 3 HOT locations to spend with your special someone!

Hanley Investment Groups Sells Single-Tenant NNN Red Robin Restaurant in Riverside County for $2,040,000
Hanley Investment Group Real Estate Advisors represented the seller in the sale of the fee-simple ownership in the land leased to a single-tenant NNN Red Robin Restaurant in Menifee, Calif. The purchase price was $2,040,000. Located at 30142 Haun Road in Menifee, the single-tenant Red Robin Restaurant is a pad building situated within Countryside Marketplace, the dominant power center in the region anchored by Super Target, Lowe’s, Kohl’s, Best Buy, Staples and Michaels.

Investec Announces Acquisition of $21 Million Shopping Center The Plaza at Sunbow in San Diego
Investec acquired The Plaza at Sunbow in San Diego, California for approximately $21 million. The 100,000 sq.ft. shopping center is anchored by Ralphs and CVS/pharmacy, along with a host of national retailers including Starbucks, McDonald’s, KFC and T-Mobile. The transaction was sourced by Investec as an off-market acquisition opportunity from a private investor. The addition of Sunbow brings Investec’s retail portfolio to nearly 2,000,000 sq.ft. of retail space in California, valued at over $620 million.

Hanley Investment Group Sells Single-Tenant NNN PETCO for $7.8 Million in Denver, CO
Edward B. Hanley and William B. Asher of Hanley Investment Group represented the buyer and seller in the sale of a single-tenant PETCO in Denver, CO. The purchase price was $7,800,000. Built in 1993, PETCO occupies a 23,057 SF building on a 1.4-acre parcel of land.

Hanley Investment Group Sells Two NNN Pad Buildings at Stater Bros. Shopping Center Totaling $5,850,000 in Chino, CA
Edward B. Hanley and William B. Asher of Hanley Investment Group, along with Phil Berry of Commercial West Brokerage, Inc., represented the seller in the sale of two NNN pad buildings in Chino, Calif., for a total consideration of $5,850,000. The pad buildings are located within Stater Bros. Plaza, which includes anchor Stater Bros. and Carl’s Jr., Chase Bank, Juice It Up, Fantastic Sams, Pacific Dental and Subway.

Former Restaurant Owner Releases First Catering Software Designed For Restaurants That Cater
Dedicated catering companies aren’t the only ones in the catering business these days. Rising oil prices, a sluggish economy and shrinking margins are forcing more restaurants to turn to catering to boost their sales and profits

Former Restaurant Owner Releases First Catering Software Designed For Restaurants That Cater
Dedicated catering companies aren’t the only ones in the catering business these days. Rising oil prices, a sluggish economy and shrinking margins are forcing more restaurants to turn to catering to boost their sales and profits

India's Castle Announces New Year's Eve Extravaganza
India's Castle has announced that it will be hosting a New Year's Eve Extravaganza at their Greenwood Village Indian restaurant location.

Teresita's Culinary Tour, A Highly Rated Buenos Aires Attraction, Recently Announced Foodie Tasting Tours Will Be Now Held Twice Weekly
Attendees gain invaluable knowledge of the Argentine culture through its traditional food preparation of local dishes and regional wines guided by expert in Latin American cuisine, Teresita Bella.

Hanley Investment Group Sells Single-Tenant Investment Occupied by One of the Hottest Retailers of the Year
Hanley Investment Group represented the seller in the sale of the fee-simple ownership in the land leased to a single-tenant building occupied by Forever 21 in Calexico, Calif. The purchase price was $5,200,000.

Pittsburgh's Eric Nernberg Returning To Union Grill
Restaurateur Eric Nernberg is heading back home to his Pittsburgh restaurant Union Grill after a six-year hiatus in South East Asia. Although Eric Nernburg has been away, the restaurant has flourished under the head chef.

Hanley Investment Group Sells Two Multi-Tenant Retail Strip Centers Totaling $6,050,000 for Westwood Financial
Hanley Investment Group represented the seller in the sale of two retail properties in Southern California for a total consideration of $6,050,000. The seller was Westwood Financial of Los Angeles.