Dallas — Mimi’s, the popular French-inspired concept, will change its name to Mimi’s Bistro & Bakery. After 41 years in business, the brand is modernizing its restaurants, menus and approach to create an even better experience for loyal patrons and welcome a new era of guests to the table at Mimi’s. “Creating a new name and face for Mimi’s has been a long overdue and exciting experience for our team,” says Philippe Jean, chief operating officer for Le Duff America, Inc. “We are ready for a fresh phase that strengthens …
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Miami — Holliday Fenoglio Fowler, L.P. (HFF) has arranged $550 million in financing for the expansion of the iconic Bal Harbour Shops, a 463,114-square-foot, open-air, luxury shopping destination anchored by Saks Fifth Avenue and Neiman Marcus along Miami Beach in Bal Harbour, Fla. The loan, borrowed by Whitman Family Development, is one of the largest construction loans ever to close in Miami. Loan proceeds will be used to retire an existing loan and expand Bal Harbour Shops by an additional 300,000 square feet, including a 57,414-square-foot space to be occupied …
Tampa Bay, Fla., New York City and Atlanta — Nord Bay Capital and its advisor TriArtisan Capital Advisors LLC have closed on a transaction to acquire Hooters of America, LLC from H.I.G. Capital, Chanticleer Holdings and other investors. Financial terms of the deal were not disclosed. As part of the transaction, the selling entities will each retain a stake in the company. “The partnership with Nord Bay and TriArtisan comes at an ideal time for the company, bringing fresh partners with complementary skills and experience to support our next phase …
Rowley, Mass. — Shooter Detection Systems (SDS), the security industry’s leading gunshot detection solutions provider, has partnered with a Texas movie theater company, which has installed the Guardian Indoor Active Shooter Detection System in its chain of multi-cinema movie theaters to alert building occupants and law enforcement to shooting incidents in their facilities. The customer was concerned about false alerts in their cinemas due to gunshot and explosions that regularly appear in movies. Once the installation was complete, SDS engineers worked with the customer’s certified integrator to monitor the system’s …
Austin, Texas — Austin, Texas-based Tiff’s Treats has opened its 50th store, located in the Dallas suburb of Highland Village, Texas. A $25 million of investor funding in 2017 kicked off expansion into new markets across the U.S., including Atlanta, Nashville and, later this summer, Charlotte, N.C. “Hitting 50 stores, all company owned, is a meaningful achievement in our growth, and only the starting point of our growth to come,” says Tiff’s Treats co-founder Tiffany Chen, noting the 10 stores listed on the company’s website that will open soon and …
San Jose, Calif. — Beginning in March, Togo’s store of the future — named Togo’s 3.0 — started gaining momentum thanks to the completion of both physical and operational renovations at its Emeryville, Fremont and San Jose, Calif., stores. The popular West Coast sandwich innovator completely remodeled one corporate and two franchise owned locations to dramatically improve the overall guest experience with faster speed of service and a more contemporary dining environment. “We wanted a store that reflected our nearly 50 years of leadership in the premium sandwich category,” says …
Oak Brook, Ill. — Let’s Pave, a leading national provider of specialized paving services and solutions, has selected Saw Mill Capital Partners II, LP and affiliated private equity investment funds managed by Saw Mill Capital LLC as its financial and strategic partner. The management team at Let’s Pave will retain significant ownership and continue to lead the business going forward. The terms of the transaction have not been disclosed. “Our partnership with Saw Mill Capital represents a great step forward for Let’s Pave,” says C.B. Kuzlik, CEO and founder of …
Boca Raton, Fla. — Office Depot, Inc. is opening five new Workonomy™ Hub coworking spaces this week in the Houston, Chicago, Denver, Minneapolis and Orlando, Fla., markets. These new shared workspaces are integrated into existing Office Depot retail locations and offer a robust portfolio of professional products and services to help small business owners, entrepreneurs, freelancers, remote workers and startups achieve their goals in a flexible and modern environment. Each location provides customers with a place to work independently or connect and exchange ideas with other entrepreneurs in their community …
Atlanta — In July 2019, two-time James Beard Foundation Award-winning chef Hugh Acheson will debut By George, the flagship restaurant of The Candler Hotel (a Curio Collection by Hilton), offering an all-day menu of classic cuisine largely influenced by traditional French cooking. The name of the flagship restaurant reflects the work of the original architects of the historic Beaux Arts Candler building, circa 1906: George E. Murphy and George Stewart. Working alongside Acheson, chef de cuisine Ian Quinn will lead the kitchen and Beth Javis will head front-of-house as general …
Chicago — Broome + Greene, a modern furniture, lighting and décor brand for the town & country home, has signed on as one of the anchor tenants at Montgomery Promenade, a 300,000-square-foot, mixed-use retail project in Montgomery, N.J., to be developed by Madison Marquette. Located opposite a planned Whole Foods, Broome + Greene will occupy a nearly 9,000 square foot storefront. Broome + Greene Montgomery Promenade will carry the company’s line of high-quality furniture, as well as lighting and modern décor. “Retail is not dead. Shoppers are looking for a hybrid …