J. Alexanders Holdings, Inc. (NYSE: JAX) (the Company), owner and operator of a collection of upscale restaurants, announced that Merus Grill will be the name of its new restaurant in Houston, TX. The restaurant will open at 1180 Uptown Park Boulevard in Uptown Park, owned by EDENS, this fall.
The property is located in Illinois and is leased to Darden Restaurants, Inc. (NYSE:DRI) under a triple-net lease with over 10 years of term remaining.
Inks Deal for 17 Locations Across Idaho, Montana, Washington, Arizona
Local plaintiffs and San Antonio Family Association call for Religious Liberty for Restaurant Chain
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) today announced that its Board of Directors has unanimously rejected an unsolicited, conditional proposal made on July 18, 2019 by Vintage Capital Management, LLC to acquire all of the outstanding common shares of Red Robin for $40.00 per share.
New Deals Will Double Footprint and Bring Fast-Casual Middle Eastern Concept to Iowa and Tennessee
Agrees to acquire certain assets in Kona Grills Chapter 11 Bankruptcy for $25 million – Acquisition expected to add approximately $100 million in annual revenue and to be accretive to earnings post integration
The property is located in Virginia and is leased to McDonalds corporate under a triple-net lease with approximately 5 years of term remaining with three additional 5-year renewal terms remaining and built-in rent escalators.
Cinemark Holdings, Inc., (NYSE: CNK) today announced plans to build a CUT! by Cinemark in Cypress, Texas, a state-of-the-art dine-in theatre, located off of Highway 290 at 29030 Northwest Freeway. Construction is scheduled to begin in November with plans to open in July 2020 as a development of Washington Prime Group.
Fourth Franchise Deal Inked by Brand In 2019