Pie Five Pizza today announced that the fast-casual pizza chain has executed an Area Development Agreement with two new franchisees, set to open restaurants in Murphy and Prosper, Texas, later this year.
The property is located in Maryland, and is occupied under two, separate double-net leases with approximately 6.3 years of term remaining and a rent escalation of 2.0% annualized.
Grupo Anderson's has announced plans to sell its iconic fun themed restaurant brand Señor Frog's in the US. The group owns and operates restaurants and bars located in the main cities and tourist destinations in Mexico, the United States and the Caribbean.
Capriotti's Sandwich Shop announced today the debut of its new restaurant design prototype. The new prototype, featuring reclaimed wood, exposed brick and concrete floors recently debuted at the Lehi, Utah location.