Latest press releases in Restaurants

Commercial Real Estate Financing and Commercial Loan Course Revised by AEX Commercial Financing
AEX Commercial Financing Group has revised the AEX Seven-Part Commercial Mortgage Course which is available free of charge to online subscribers. The AEX Course is a respected source of commercial real estate financing advice regarding purchase, refinancing and construction of commercial properties. New topics covered include commercial lenders to avoid and commercial loan retainer fees.

Stater Bros. Markets Celebrates Grand Opening at New 100,000 Sq. Ft. Neighborhood Center in San Jacinto, CA
Stater Bros. Markets opened its second store in San Jacinto at the northeast corner of Ramona Expressway and State Street at The Village at San Jacinto Shopping Center. Stater Bros. is part of a 100,000 sq. ft. neighborhood center under construction by Pacific Development Partners of Beverly Hills, CA. The new center will also feature Walgreens, Carl’s Jr., Del Taco, PFF Bank & Trust, Starbucks, Juice It Up!, Subway, Charo Chicken, Little Beijing, PostalAnnex+, Los Portales Mexican Restaurant, Professional Nail Salon, DB Sunwear, a drycleaners and a donut shop. Carl’s Jr. and Del Taco are expected to open within the next 30 days, and the remaining tenants are slated to open by end of July or August 2007.

AEX Commercial Mortgage and Business Loan Guide Revised by AEX Commercial Financing Group
AEX Commercial Financing Group has revised the AEX Commercial Mortgage and Business Loan Guide which is published online. The AEX Guide is a respected source of commercial real estate financing advice and strategies. Some of the new topics covered include funeral home financing, commercial lenders to avoid and church financing.

San Jacinto Welcomes Wal-Mart Supercenter and Heralds New Retail Development in City’s Super Block
The City of San Jacinto celebrated the grand opening today of a new 207,773-square-foot Wal-Mart Supercenter at 1861 S. San Jacinto Avenue. “The new Wal-Mart is the first of many new retailers that will be opening in the City’s ‘super block,’ fulfilling the City’s vision of a prominent commercial hub in the San Jacinto’s Valley’s eastern trade area,” said Mayor Jim Ayres.

Southern California Retail Investment Brokerage Team Hanley Investment Group Adds Key Personnel
Hanley Investment Group Real Estate Advisors (formerly Hanley Brown Group), one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced today the addition of six key personnel to enhance the successful retail investment brokerage company. Retail investment professionals Bryan Land and Cameron Rafati have joined Hanley Investment Group as associates and will be responsible for advising clients on the acquisition and disposition of shopping centers in Southern California. Hanley Investment Group has also hired Jay Nichols and Matt Hopkins as junior associates to assist with the company’s successful growth. The company also named Jaclyn Gostanian as marketing coordinator and Ali Shimoff as office manager.

Highland Development Adds Two Seasoned Managers to Expand its Opportunities in the Western U.S.
Highland Development Company, a subsidiary of The Marcus & Millichap Company and a dynamic retail and retail-driven mixed-use development company, announced that the firm has hired Armando Enriquez as Acquisitions Manager and Vladimir Shlafman as Development Manager to expand acquisition and development opportunities throughout California, Arizona, Nevada and Utah. Enriquez will be located in the company’s headquarters in Pasadena. Shlafman will be located in the company’s new San Ramon office. Highland Development plans to spend $150 to $200 million on development projects in the next two years.

Highland Development Adds Thomas Cole as Director of Construction; Company Continues to Expand Executive Team Roster
Highland Development Company, a subsidiary of The Marcus & Millichap Company and a dynamic retail and retail-driven mixed-use development company based in Pasadena, Calif., announced that Thomas Cole has been hired as Director of Construction. He was formerly the Director of Development at LNR Property Corporation, where he spearheaded the planning, entitlement, financial underwriting and contract negotiation of multi-million dollar projects. Prior to his experience at LNR Property Corporation, Cole was the Senior Project Manager for Newhall Land’s Commercial and Industrial Valencia division and was responsible for over 15,000 acres of planning and development activity valued at nearly $1 billion.

Hanley Brown Group Represents Buyer and Seller in $12,425,000 Sale of Cypress Station Shopping Center in Houston, TX
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced today Edward B. Hanley and Kevin T. Fryman of Hanley Brown Group represented the buyer and seller in the $12,425,000 sale of Cypress Station, a multi-tenant community shopping center in Houston, TX at I-45 and FM 1960 Road West.

Golden Arrow Announces the Onset of it’s Yearly Summer Activities Fest
The Golden Arrow Lakeside Resort announces the start of their yearly summer activities fest for those traveling to or planning a summer vacation in New York. This year they have introduced special packages to celebrate - family togetherness, romance & shopping.

KTGY GROUP Completes Final Design of New High-End, Resort Style Mixed-Use Development in Huntington Beach, CA; Construction is Underway
KTGY GROUP has completed the final design of the retail, entertainment, office and residential portions of Pacific City, a luxurious, mixed-use development located surfside at Pacific Coast Highway (PCH) and First Street in Huntington Beach, CA.

Hanley Brown Group Represents Buyer and Seller in $6,300,000 Sale of High Profile, Street-Front Retail Property in West Los Angeles
Eric P. Wohl of Hanley Brown Group Real Estate Advisors represented the buyer and seller in the sale of a rare multi-tenant, street-front retail property in West Los Angeles, Calif. The purchase price was $6,300,000, which represented one of the highest prices per square foot in the area at $644 per square foot. The 9,785-square-foot street-front retail property is the ground floor space of a 60-unit condominium development located at 12222 Wilshire Boulevard, a high profile location in the heart of the West Los Angeles business district, two blocks west of Bundy Drive. An all cash transaction, the buyer closed on the property in 17 days.

Coreland Companies Adds Two More Associates to its Brokerage Leasing/Sales Department -- Fred Godinez and Brian Wegener
One of the largest real estate service companies based in California, Coreland Companies of Tustin, Calif., has added Fred Godinez and Brian Wegener as Leasing/Sales Associates to the company’s Leasing/Sales Department. Godinez and Wegener will work with Coreland’s existing leasing teams and service the Department’s growing office and retail portfolios as well as identify new third-party office leasing and sales assignments in Southern California.

Falcon Real Estate Enters into Joint Venture with Developer for $25.3 Million Office/Retail Project in Temecula, CA
Falcon Real Estate Investment Company has entered into a joint venture agreement with Transcan Development for the development of the Winchester Commercial Center in Temecula, CA. The 74,166-square-foot mixed-use center will consist of six free-standing office buildings totaling 45,750 square feet and two multi-tenant retail buildings totaling 28,416 square feet. All six office buildings in the center have been pre-sold and the retail portion of the project is about 30% pre-leased. Construction of the center will commence during the second quarter 2007 with a projected completion date of December 2008.

KKE Architects Completes Design Services for Jess Ranch Marketplace Phase II in Apple Valley & Now Under Construction
Award-winning KKE Architects, Inc., headquartered in Minneapolis, with offices in Las Vegas; Pasadena and Irvine, Calif., announced today that the company has completed design services for Jess Ranch Marketplace Phase II in Apple Valley, Calif. and has commenced design, construction drawings and entitlement services for the project’s Phase III. Developed by Malcolm Riley & Associates of Los Angeles, Jess Ranch Marketplace’s Phase II is scheduled to open this fall. Phase III is slated to break ground later this year.

Hanley Brown Group Awarded Prime Santa Clarita Valley Shopping Center Listing Valued at $19,000,000
Hanley Brown Group Real Estate Advisors, one of the most dominant retail investment groups in Southern California and a market leader in the sale of retail properties, announced today it has been awarded the exclusive listing to market Seco Canyon Village Shopping Center in Santa Clarita, Calif. for $19,000,000. Edward B. Hanley of Hanley Brown Group has been named the listing agent. Built in 2005, the CVS/pharmacy anchored center is situated on 4.55 acres and located at the signalized intersection of Copper Hill Drive and Seco Canyon Road.