real estate


Vying for a slice of the better-pizza pie

Big names are grabbing a piece of this hot segment.

Another investor’s curbside treasure?

Some of the restaurant industry’s best-known and most-venerable brands are providing acquisition opportunities seldom seen outside of a yard sale. Are they dream purchases, or just badly worn bread makers headed for the attic?

Brick House signs first zee, Carl’s tries a sports theme, Krispy heads north, Hooters operator buys Fresh Juice. Plus, Dunkin' and Togo's square off in California, and Einstein Bros. tops the 3-0 mark in non-traditional sites for 2013.

Developments of interest to restaurant franchisees and franchisors: Taco John, Sonic, Dick's Wings & Grill, Dunkin' Donuts, Russo's, Burger 21

Jim Rand, a 32-year veteran of McDonald's who eventually held the title of global chief development officer, was brought into LYFE Kitchen in 2010 to help devise the upstart's real estate strategy.

Established players in the fast-casual sector want to emulate QSRs in one critical area: stay-in-your-car convenience.

So you’ve found a great location at a good price. You’ve still got one hump to get over: signing the lease.

Every city’s got a Motor Row. On Chicago’s Near South Side, it’s block after block of boarded-up car dealerships. Now, it’s blossoming into an entertainment district, and some of the city’s top restaurateurs are eyeing its empty buildings.

By the numbers, for restaurants looking for affordable real estate, 2012 ought to be the best of times. In the retail sector, vacancy rates are still high, by historical standards, and rents are still low.

We're not talking about simply being hassled for not paying the rent on time, but businesses dealing with unethical, nonprofessional landlords.

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