Development

The national franchise development agreement includes 40 new Bojangles’ restaurants inside Love’s Travel Stops across four new states for the brand.

Northstar Commercial Partners announced the sale of a pad site located on its Colfax and Sable development located in Aurora, CO. The 1.03 acre plot was sold to Popeyes last week.

Triton Pacific, a Los Angeles-based private equity firm, announced today that one of its affiliated companies has completed the acquisition of 117 Pizza Hut restaurants along with select strategic real estate assets for an aggregate acquisition cost of approximately $80 million.

Del Taco Restaurants, Inc. todyesterdayay announced the refranchising of all ten company-operated restaurants in the San Diego, CA market to incoming franchisee SoCal Food Group which is led by Omar Boukai, and supported by the Boukai family who has extensive food service and real estate experience.

To Grow Presence in Florida and Georgia with Experienced Multi-Unit Operators and Prominent Real Estate Developer

The First Flip’d Restaurant is Expected to Open in Atlanta in Spring Next Year with Other Major Markets including New York City, Chicago, Boston, Dallas and Others Under Consideration

The property was constructed in 2017, is located in Illinois and is occupied by a large franchisee-operated Popeye’s, a corporate-operated US Cellular and a franchisee-operated Great Clips

Inks Multi-Unit Deals to Expand Across State

Headquartered in Coral Gables, Florida, Fresh Dining Concepts is the third largest Auntie Anne's franchisee and operates over 50 in-line stores, baking kiosks and satellite retail units along the East Coast from New York to Florida. In addition to its Auntie Anne’s operations, the Company also operates several Cinnabon and Carvel stores.

The properties are outparcels to Salmon Run, a Pyramid-owned shopping, dining and entertainment destination located in Watertown, New York and are occupied under triple net leases with 4 years of weighted average term remaining.