![]() ![]() Verdad, a national real estate development & construction company, has purchased the former Macaroni Grill restaurant property at 7979 Arapahoe Road, Greenwood Village, for $3.2 million. The only other New York location, in Rochester, has also closed since the coronavirus shutdown began Former Macaroni Grill In Greenwood Village To Be Redeveloped The restaurant closed abruptly in mid-March.įounded in Texas 1988 by Phil Romano, who also launched Fuddruckers, Macaroni Grill is headquartered in Denver and is owned by a holding company that in the last five years has closed approximately 90 locations. 13, 1997, Macaroni Grill went into a significantly overhauled building that previously was home to Chi-Chis and Beefsteak Charlies restaurants, at Wolf and Metro Park roads. ![]() The few leases with terms of which Im aware are for less, but other owners have told me they can be in the $30-per-square-foot range along chain-heavy Wolf Road. I dont know the prevailing rate for Wolf Road restaurant space. ![]() Available for sublease through November 2022, the 8,100-square-foot building is being listed for $24 per square foot, which works out to about $16,300 per month. Jf Hasenfuss Cafe At The Corner Of Congress And Federal Streets In Saratoga Springs Chefs From The Grand Union Hotel Relax In Front Of The Cafe In This Circa 1900 Photoīecause now is the perfect time to open a restaurant, go ahead and follow your dreams by snatching up the former Romanos Macaroni Grill building on Wolf Road in Colonie. Machado is a senior managing partner of the firm. The bankruptcy follows an evaluation by consultants Mackinac Partners. Landlords of those properties include some of the biggest shopping center owners in the U.S., like Simon, Brixmoor and CBL. That Grand Rapids property is among 37 restaurant leases that the bankruptcy judge already let the chain reject as it sheds debt. ![]()
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