Industry News | June 4, 2009
Expansion Continues, Despite Recession
Paradigm Investment Group, LLC is the tenant for both restaurants, one located on Atlanta Highway and the other one on Ann Street. Hardee’s Food Systems, Inc. has more than 1,900 locations in 30 states. Both Hardee’s opened with strong sales that exceeded expectations.
RealtyLink also completed a 2,093-square-foot Arby’s restaurant in Lithia, Florida, about 20 miles southeast of Tampa. The tenant is Focus Ten of Tampa, Inc. This Arby’s is part of the Publix Shopping Center and opened in May.
“We are pleased with our clients’ success in these difficult economic times and take pride in the fact that we continue to be a significant part of their development team,” says Phil Wilson, Principal at RealtyLink, LLC.
RealtyLink finished renovating a 3,972-square-foot Arby’s restaurant located in Crystal River, a fast growing area of Citrus County, about 1 hour north of Tampa. Arby’s was formerly Rax and the new tenant is Focus Ten of Tampa, Inc. The restaurant is scheduled to open any day. With about 26 stores in 3 states, Focus Ten of Tampa is one of the larger franchisees in the Arby’s system. Arby’s is an internationally recognized brand name with over 3,700 locations and $3 billion in sales annually.
RealtyLink, LLC a regional development company based in Greenville, South Carolina, specializes in single-tenant build to suits, power centers, neighborhood shopping centers, and sale leaseback with select tenants. RealtyLink, LLC has strategically located offices in the southeast with seasoned professionals.
Food & Beverage
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