Sentences with phrase «restaurant properties»

Investors are attracted to restaurant properties for a variety of reasons.

Certainly, some buyers have purchased restaurant properties they probably shouldn't have because of the nationally recognized brand.

The best deals — well - located restaurant properties whose operators have a strong credit rating — are still flying off the shelves.

Moreover, investors remain interested in corporate - backed restaurant properties, which comprise almost 25 percent of the available retail net lease properties.

UTF has bought about $ 40 million in restaurant properties in the past year, which represents about 5 % of the firm's overall transaction volume.

Glen Kunofsky is a veteran of the sale - leaseback industry and one of the pioneers who helped establish a bigger buyer pool for net - leased restaurant properties among private investors nearly two decades ago.

The vast majority of restaurant properties — 44 % — are priced between $ 1 million and $ 2 million, according to The Boulder Group.

Last week Darden Restaurants Inc. (NYSE: DRI) said that it would create a real estate investment trust and transfer about 430 owned restaurant properties to the new entity, with essentially all of them being leased back to Darden.

In an interview with Inc., Halpern discussed her greatest challenges in growing iO into a profitable business — from battling the International Olympics Committee, to being evicted from restaurant properties, to having famous students crash on her sofa to save money.

These companies included Blue Rhino Corporation, the nation's largest propane cylinder exchange marketer / distributor; Platinum Service Corp., a developer of Boston Market restaurant properties located primarily in the Carolinas and Georgia; and National Packaging Solutions Group, a southeastern US manufacturer and distributor of industrial packaging.

Operating income for the quarter decreased 11 %, as the U.S. lapped a prior year gain on the strategic sale of a unique restaurant property.

Joe Nayquonabe Jr., Commissioner of Corporate Affairs for the Mille Lacs Band of Ojibwe, announced that the Band will redevelop Eddy's Lake Mille Lacs Resort into a premier resort and restaurant property on the lake.

As Mirabile, the prosecutor, rattled off questions, Singh answered again and again that Linda Mangano had done no work on logos, menus or color schemes and designs for his multiple restaurant properties.

To begin, I never thought these photos would make it onto the blog (or at least this season I mean) as these were the first shots I took with my mini tripod and new camera and it was honestly no picnic asš I was learning the camera and how to stand the flimsy tripod up correctly and I worried about trespassing onto this closed restaurants property that day to shoot these and well lets just say that whole day was a mess.

Restaurants that were once a taboo real estate investment are now a hot commodity with more than $ 4 billion in net - lease restaurant properties expected to change hands in 2006.

As of mid-May, the cap rate on net - lease restaurant properties averaged 7 %, down 25 basis points over a year ago, according to The Boulder Group.

Fariba Kavian, senior vice president with Sperry Van Ness, an Irvine, Calif. - based real estate investment brokerage firm, listed one single - tenant restaurant property in a suburb of Chicago at a 9.0 percent cap last month, but says the offers have still been sporadic.

«Trustreet is the gorilla in that industry — not only do they do 1031 exchanges, they own thousands of freestanding restaurant properties around the country,» he says.

Two trends converged Monday with the announcement of the proposed $ 3 billion acquisition of Trustreet Properties, a net lease REIT that specializes in restaurant properties, by the Franchise Finance division of GE Capital Solutions...

Representation of developer in development of $ 150,000,000 worth of restaurant properties, including negotiation of purchase agreements and / or ground leases, performance / resolution of intensive due diligence, negotiation of construction contracts, closing of transactions and provision of ancillary services during construction period.

Investor demand for net leased restaurant properties is heating up, sparked by confidence in the restaurant sector and a dearth of new construction in other retail sectors.

Operating since 2002, Mina Group currently operates 18 restaurant properties, including multiple locations of MICHAEL MINA, BOURBON STEAK, and RN74.

But we think there are going to be even more opportunities in the near future,» predicts Joe Ciardiello, senior vice president of acquisitions at Orlando - based National Retail Properties, a publicly traded REIT that specializes in retail and restaurant properties.

As of mid-June, The Boulder Group was tracking 2,136 available net - lease restaurant properties — a 75 % increase in the number of available properties compared to the same period last year.

Yet such concerns have not seemed to derail demand for restaurant properties.

Such diligence is especially important considering the fact that the majority of restaurant properties are leased to the franchisee.

Net lease retail and restaurant properties have traditionally attracted 1031 buyers.

Nick focuses his efforts on development and management of multi-family, hospitality and retail / restaurant properties.

Two trends converged in early November with the announcement of the proposed $ 3 billion acquisition of Trustreet Properties, a net lease REIT that specializes in restaurant properties, by the Franchise Finance division of GE Capital Solutions.

Orlando, Fla. — Locally based REIT Commercial Net Lease Realty, which maintains a portfolio of big - box retail properties, agreed to acquire Ann Arbor, Mich. - based Captec Net Lease Realty, a publicly traded REIT that owns 136 freestanding net lease retail and restaurant properties in 28 states.

Two days ago, Darden Restaurants announced that it will spin off about 430 of its over 1,500 restaurant properties — mostly Olive Garden locations — into a new legal entity, known as a real - estate investment trust (or REIT).

Sandell pushed for Bob Evans, which owns its restaurant properties, to unlock the value of its real estate to reward shareholders and pay down debt.