Restaurant & QSR Expansion Report

New Restaurants for Downtown Raleigh…..

Lou Moshakos, founder of hospitality management company LM Restaurants Inc., has signed a long-term lease as the master tenant of two adjoined buildings on East Martin St. in downtown Raleigh, North Carolina. His plans are to use the spaces at 17 E. Martin St. and at 19 E. Martin St. to open two new restaurants.  One concept would be reminiscent of a European bakery, with specialty coffees, sweets, breads and sandwiches, all made in-house.  The second concept is slated to be a casual dining restaurant yet to be named though he did confirm it will not be a Carolina Ale House. Other Signature Brand projects coming soon include Vidrio, a Mediterranean concept opening in early 2016 at 500 Glenwood Ave. below the Carolina Ale House in downtown Raleigh, as well as a brewery concept in late 2016 with a second Hops Supply Co. location at 155 N. Front St. in downtown Wilmington, North Carolina.  As for Carolina Ale House, a new location will open this year in Chapel Hill, North Carolina and in Richmond, Virginia in 2016. LM Restaurants Inc. is affiliated with 21 restaurants in the Southeast and seven  brands.  These restaurants include Bluewater, Carolina Ale House, Eddie Romanelli’s, Henry’s, Hops Supply Co., Oceanic and Taverna Agora.

LM Restaurants Inc., 6510 Chapel Hill Rd., Suite 200, Raleigh, North Carolina 27607 (919/851-0858 www.lmrest.com)

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