Completes Refinance, Looks at National Expansion….. Later in August, CraftWorks Restaurants & Breweries Inc. announced the completion of a successful $172.5-million refinance of their existing senior debt facility. On the heels of this transaction, the brand’s concepts, Old Chicago Pizza…
Eclipse Building Corp
No Rest for Eclipse Building….. South Florida-based general contracting and construction management firm Eclipse Building Corp expects an early October completion on the Green Leaf’s, Bananas Smoothies & Frozen Yogurt and South Philly Steak & Fries in the new Tampa…
Arby’s
Acquires Restaurants from Long-term Franchisee….. In late July, franchisor Arby’s Restaurant Group Inc. acquired and assumed management of all 26 Arby’s restaurants from long-standing franchisee, Trefz & Trefz Inc., the Augusta, Georgia-based franchisee. The acquisition includes eight restaurants in the Augusta,…
Cava Grill
Opening in DC, California Soon….. Cava Grill is a fast-casual Greek/Mediterranean restaurant chain in the DC-area that is expected to open in Reagan National Airport’s Terminal B in late August followed in September with a 2360 square foot unit in…
Red Robin Gourmet Burgers
Melbourne Later in August….. Later in August, Red Robin Gourmet Burgers Inc. will open its latest Florida restaurant at the Melbourne Square Mall on West New Haven Ave. in Melbourne on the East Florida coast. It will be the Colorado-based chain’s…
Kona Grill
First in So. Florida…… The first Kona Grill in South Florida will open in mid-September at the expansion of the Dolphin Mall in Miami. The unit will have seating for about 300 guests. The Arizona-based Kona Grill features American favorites with…
Simon Property Group
Development Process Begins….. Simon Property Group has applied for re-zoning to begin the development process on Hartford Premium Outlets in Windsor Locks in Hartford County in Connecticut. The project will be located near the intersection of Route 20 and I-91…
Have You Heard
Margaritaville Holdings LLC and Encore Capital Management announced that they will be developing a 300-acre Margaritaville Resort community in Orlando, Florida. The project will be located on US Hwy 192 near State Rd 429 in western Osceola County and will…
Unemployment is the Beginning.
Unemployment Is The Beginning, Not The End…………………. Recent restructuring in some of the larger companies has resulted in an unusually active rumor-mill. It seems that there is no shortage of people with versions of the company’s internal changes, whether they…
Carrols Acquires Five More BKs……..
In early August, Carrols Restaurant Group Inc. completed the acquisition of five Burger King restaurants in South Carolina. Four of the restaurants are located in Rock Hill and one is located in Fort Mill. A publically traded company, Carrols Restaurant…