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Latest press releases in Restaurants

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Margarine Thibault expands the Nuvel family
Margarine Thibault expands the Nuvel family! Nuvel with olive oil makes a grand entrance in supermarkets

Hanley Investment Group Sells Single-Tenant McDonald's in Wichita Falls, Texas
Jeremy S. McChesney of Hanley Investment Group represented the buyer and seller in the sale of a single-tenant NNN McDonald’s at 1423 Southwest Parkway in Wichita Falls, Texas. The all-cash buyer paid a sub 5 percent cap rate. The building, which features McDonald's new concept and construction, was built in 2008 and is located at 1423 Southwest Parkway on an outparcel to a Walmart Supercenter.

Wally B. Doolin joins Splick-it board of directors
Veteran restaurant executive brings industry and additional business expertise to online/mobile and CRM platform

Original Idea for Company Christmas Lunches or Dinners
The Japanese restaurant Nagoya of Madrid has come up with a novel idea for company lunches this Christmas. It is offering three set menus for groups including the typical sushi, maki rolls and sashimi, but also dishes for meat lovers and vegetarians.

Hanley Investment Group Sells Multi-Tenant Retail Building in Torrance, Calif. for $4.62 Million
Kevin T. Fryman and Carlos J. Lopez of Hanley Investment Group represented the seller in the sale of a 4,229-square-foot retail strip center located at 20301 Hawthorne Boulevard in Torrance, Calif., occupied by 7-Eleven and The Coffee Bean & Tea Leaf. The purchase price was $4.62 million, representing a record $1,064 per square foot, the highest sale price per square foot for a multi-tenant strip center in Los Angeles County in 2012.

Wega, the Work Horse of all Espresso Machines, a great match for Zumex Juicing
Freshly Squeezed LLC is well known for distributing commercial and industrial juicing equipment including Zumex juicers, ZumoNat juicing presses, Ugolini cold drink dispensers, and Sammic commercial kitchen equipment. Freshly Squeezed is proud to announce a great addition to its product line –Wega Espresso Machines.

Hanley Investment Group Sells Shadow Anchored Retail Center in Redondo Beach for $3.91 Million
Eric P. Wohl and Kevin T. Fryman of Hanley Investment Group represented the seller in the sale of King Harbor Plaza, a 13,097-square-foot multi-tenant retail building located within grocery-anchored shopping center in Redondo Beach, Calif. The purchase price was $3.91 million, representing approximately $299 per square feet.

New Chapel Grill Restaurant to Have Grand Opening and building rededication Nov. 2 in Historic Naples First Baptist Church
The brand new Chapel Grill, located no 7th ave at the site of the former historic First Baptist Church in Naples, FL, will be celebrating a formal grand opening on November 2nd at 4 p.m. A special invitation-only celebration will also be held the following weekend.

Chapel Grill Hires New Staff Ahead of Grand Opening
The Chapel Grill, a new restaurant housed in the repurposed historic First Baptist Church on 7th Ave, has hired three new staff members ahead of its grand opening in November

Innovations in Food Preservation by Sammic, Spain
Sammic was founded in 1961, and now it is considered Spain's leading designer and manufacturer of foodservice equipment and one of the main players worldwide.

Indian Wedding Caterers Offset UK Recession Doom & Gloom
In a surprising departure away from the doom and gloom commonly reported on the ongoing UK recession, many Indian catering companies are reporting an increase in takings in 2012, as compared to previous years, with some catering at up to ten weddings a weekend!

Hodgdon Group Completes Design Build Tenant Improvement for Total Wine & More in Laguna Hills
The Hodgdon Group has completed the tenant improvement for national retailer Total Wine & More in Laguna Hills, Calif. Located at 24001 El Toro Road in Laguna Hills, the Hodgdon Group renovated a former Circuit City building and expanded it to make way for a fully-remodeled 51,000-square-foot retail building that includes the new 18,000 SF Total Wine & More and a 33,000 SF Ashley Furniture HomeStore. The center also included a 4,000 SF Chick-fil-A restaurant with a drive-thru. The opening of Total Wine & More completes the retail center.

Hanley Investment Group Sells Interest in Trophy Newport Beach Grocery-Anchored Shopping Center for $35 Million
Edward B. Hanley and Eric P. Wohl of Hanley Investment Group assisted with the sale of stock in the company that owned the landmark Vons Pavilions anchored shopping center located in Newport Beach, Calif., in an off-market transaction. The sale price was $34,890,000, which would represent $790 per square foot on fee simple basis, the highest sale price per square foot in the last 5 years for the purchase of a grocery-anchored center in California.

Hanley Investment Group Sells Single-Tenant O’Reilly Auto Parts in Oakland, Calif. for $2.25 Million
Jeremy S. McChesney of Hanley Investment Group represented the seller in the sale of a 8,000-square-foot single-tenant absolute NNN freestanding building O’Reilly Auto Parts at 3232 Foothill Boulevard in Oakland, Calif. The purchase price was $2,250,000, representing a 6.40% cap rate.

Present Value Properties Negotiates Lease for Menchie's Frozen Yogurt in Belmont, Calif.
Britt Nelson of Present Value Properties, Inc. negotiated a 5-year lease on behalf of self-service yogurt chain Menchie's Frozen Yogurt franchisee for 1,234 square feet at the Belmont Village Shopping Center located at 1200 El Camino Real in Belmont, Calif. Menchie's is expected to open in fall 2012, and will join tenants Safeway, Peet’s Coffee, AT&T, Game Stop, Toto’s Pizza and Supercuts at the Belmont Village Shopping Center.
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