As space, feasibility and brand consultants focusing on restaurant clients, our team is often asked by tenants and landlords alike to review site conditions, establish pre-lease financial and design packages, and provide the architectural conceptualization needed to create unique yet cost-effective restaurant plans. The result is the tenant or landlord/developer is able to make an informed decision about where to place a restaurant and how that space will successfully fit his or her business model.

In the development, retail and restaurant industries, there is often frustration in working together. However, the needs of landlords and tenants can be symbiotic. With a restaurant project, the landlord gains activity in a retail center because the restaurant attracts traffic during multiple times of the day. For the restaurant, if the food, drink and price points are attractive, word will spread and more customers will be attracted to the location.

When considering restaurant placement the landlord must take into account the practicality of tenant allowances, such as the amount he or she will contribute to construction build-out, free rent during a restaurant launch, and the added value a restaurant brings to a center. In general, restaurants, cafes and lounges attract traffic, providing more consumers for a retail space during less popular hours of the day, therefore upping space value for other tenants.

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