CHEDDAR’S CASUAL CAFE OPENS AT MAGNOLIA PARK IN GREENVILLE, SOUTH CAROLINA.
Posted: 11/4/10
 Menin
Development, Inc. is pleased to announce the opening of leading
multi-concept “classic American” dining restaurant Cheddarís
Casual Café at Magnolia Park in Greenville, South Carolina.
Cheddarís signed a new 10-year lease earlier this year and
now occupies an 8,000 SF newly constructed free-standing
restaurant building. The building directly fronts Woodruff
Road, the dominant commercial corridor in Upstate South Carolina.
According to Marc Yavinsky, Executive Vice President of Menin
Development, Cheddarís Casual Café is a perfect fit for Magnolia
Park, “Cheddar’s Casual Café Inc. is a proven restaurant
owner and operator with over 80 restaurants in 20 states.
The addition of Cheddarís to Magnolia Park will enhance the
projectís existing co-tenancy and further solidify the redevelopment
and expansion of Magnolia Park.”
Magnolia Park is located off Woodruff Road at the intersection of I-85 and I-385. Existing anchors include Regal Theaters, Sports Authority, Costco, Rooms To Go, Bed Bath & Beyond and Old Navy.
About Magnolia Park
Located in Greenville, South Carolina, Magnolia Park currently consists of approximately 700,000 square feet of existing retail space anchored by the top performing Regal Cinemas in North and South Carolina, Sports Authority, Rooms To Go, Cheddar's, Costco Wholesale Club, Bed Bath & Beyond,
and Old Navy. In addition, future development at Magnolia
Park will consist of an additional 400,000 square feet
of retail, 375,000 square feet of office, one or two hotels,
and residential. Upon completion, Magnolia Park will include
over 1.5 million square feet.
For leasing information please contact Marc Yavinsky at
(561) 282-5715 or myavinsky@menindevelopment.com.
About Cheddar’s
Cheddarís Casual Café is a leading multi-concept “classic American” casual dining restaurant company with over 80 system-wide stores in 20 states, having collective revenues of over $350 million. The company was founded in 1978 in Arlington, Texas by Aubrey G. Good and Douglas H. Rogers. Current Chairman and CEO, Kelly Baltes, is an accomplished industry executive with over 25 years experience. Baltes was previously Executive Vice President of Darden Restaurants, where he was responsible for the operations of over 685 restaurants. Cheddarís is principally co-owned by Oak Investment Partners and Catterton Partners, two premier U.S. equity investment firms, each with a long history of building and expanding superior restaurant and retail companies. www.cheddars.com.
About Menin Development
Menin Development, Inc is a privately held owner, developer and manager of commercial real estate properties. Founded by Craig I. Menin in 1985, the company is headquartered in Palm Beach, Florida. Menin, the developer and owner of over $1 billion of prime retail properties throughout the Southeast, has a current portfolio of 800,000 square feet of existing, high-quality community and grocery-anchored centers as well as another 2.1 million square feet under development. Throughout its history, Menin has acquired and/or developed in excess of 3 million square feet in Florida, Virginia, North Carolina, Louisiana and Tennessee.
Principals of Menin Development, Inc.:
Craig I. Menin, Chief Executive Officer
Robert C. Jacoby, Chief Operating Officer
Marc T. Yavinsky, Executive Vice President
Anthony L. Morrison, Chief Legal Officer
www.menindevelopment.com
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