Restaurant Industry Development News

Studio Movie Grill Announces Strategic Investment from TowerBrook Capital Partners to to Accelerate Growth
April, 4 2019
Studio Movie Grill today announced that it has received a strategic growth investment of $100 million from TowerBrook Capital Partners L.P., an international investment management firm. The partnership will help drive SMG's next stage of accelerated growth, as the Company continues to open in-theater dining locations across the United States. continue reading →

FCPT Closes One Additional Burger King Restaurant of Washington Prime Transaction for $2.0 Million
April, 4 2019
Four Corners Property Trust (NYSE:FCPT) closed on the purchase of an additional Burger King property today from Washington Prime Group Inc. for $2.0 million. The property is located in Maryland and is occupied under a triple-net lease with approximately 16 years of term remaining and 10% rent escalations every 5 years. continue reading →