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Development

FCPT Announces $17.1 Million Outparcel Portfolio Acquisition

July 11, 2022 by Nevistas News

he transaction was priced at a cap rate in range with previous FCPT transactions. The portfolio includes six single tenant restaurant properties and one non-restaurant retail property (AT&T, BJ’s Brewhouse, Hook & Reel, IHOP, Krispy Kreme, Taco Bell, and an additional restaurant).

Categories Development

Ellianos Coffee Drive-Thru Coffee Franchise Reaches 100th Store Milestone

July 8, 2022 by Nevistas News

Southeastern-based drive-thru coffee franchise, Ellianos Coffee, announced that it officially reached the 100-store milestone earlier this month when it welcomed its latest franchisee to the franchise 'family.'

Categories Development

Triton Pacific Affiliate Acquires Portfolio of 27 Pizza Hut Restaurants for $8.7 Million

July 4, 2022 by Nevistas News

Tasty Brands, LP an affiliate of Triton Pacific, announcedlast week that its portfolio company, Tasty Hut, LLC, recently completed the acquisition of 27 franchised Pizza Hut restaurants, located across four states in the Appalachian region of the U.S.

Categories Development

Panera Brands and HUGS End Planned Partnership

July 1, 2022 by Nevistas News

Panera Will Continue to Prepare for and Explore an IPO, as Market Conditions Improve

Categories Development

Four Corners Property Trust Announces Acquisition of a Red Robin Property for $2.4 Million from PREIT

July 1, 2022 by Nevistas News

The property is located in a strong retail corridor in Maryland and is occupied under a triple net lease to the corporate entity with approximately 4 years of term remaining.

Categories Development

Freddy's Frozen Custard & Steakburgers is Growing in Texas with 57 New Restaurants

June 29, 2022 by Nevistas News

Signs Development Agreements to Expand Across Multiple Markets Throughout the State

Categories Development

Shipley Do-nuts Signs Agreement to Open First Orlando Shops

June 22, 2022 by Nevistas News

New development deal to bring 5 locations to the Orange County area

Categories Development

Chicken Salad Chick Expands Development Across Austin, Dallas and San Antonio

June 22, 2022 by Nevistas News

Chicken Salad Chick has announced the signing of franchise agreements that will bring nearly 20 new restaurants to Texas over the next five years.

Categories Development

Church's Texas Chicken Expands in Canada With Two New Ontario Locations

June 17, 2022 by Nevistas News

Today, Church’s Texas Chicken announced it is expanding with two new locations opening in Ontario under franchisee Mian Nadeem, adding to Nadeem’s existing five locations.

Categories Development

FCPT Announces Disposition of an Olive Garden Restaurant Property for $6.3 Million

June 10, 2022 by Nevistas News

The property is located in Florida and is operated by Darden Restaurants. The transaction was priced at a 4.5% cap rate on current rent, exclusive of transaction costs, and will result in a gain to FCPT.

Categories Development
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