Hot Deals/Leads
Darden Restaurants, Inc. trades as Red Lobster at 684 locations nationwide. The casual seafood restaurants occupy spaces of 6,000 sq.ft. to 7,500 sq.ft. in freestanding locations, malls and power centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with four, five-year options. Preferred cotenants include Target. Preferred demographics include a population of 200,000 within 15 miles earning $40,000 as the average household income. For more information, contact John Doshna, Darden Restaurants, Inc., 1000 Darden Center Boulevard, Orlando, FL 32837. The Jan Cos. trades as Newport Creamery at 13 locations throughout MA and RI. The family restaurants occupy spaces of 6,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing markets during the coming 18 months. Major competitors include Friendly's. For more information, contact Janice Matthews, The Jan Cos., 35 Sockanosset Cross Road, Cranston, RI 02920. Bertucci's Restaurant operates 100 locations throughout the northeastern region of the U.S. The Italian restaurants and pizzerias occupy spaces of 6,500 sq.ft. in freestanding locations and endcaps of shopping centers. Plans call for two openings in CT, MA, NH, NJ or PA during the coming 18 months, with representation by Restaurant Sites. For more information, contact Richard Gallivan, Restaurant Sites, 28 Somers Road, Hampden, MA 01036. dd's Discounts operates 52 locations throughout AZ, CA, FL and TX. The stores, offering women's, men's and children's apparel, accessories and footwear, in addition to housewares, toys, bedding and bath, and home décor items, occupy spaces of 18,000 sq.ft. to 22,000 sq.ft. in inline spaces of shopping centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by Epsteen & Associates. The company prefers junior-anchor spaces. For more information regarding expansion for dd's Discounts contact Tom Breen or Michael Borman, Epsteen & Associates, 1429 4th Street, Santa Monica, CA 90401. Like these leads? Want More? Go to the Dealmakers website for a Subscription. Dealmakers, the nation's weekly news source on retail real estate. |