RKF, EXCLUSIVE LEASING AGENT FOR FIVE GUYS BURGERS & FRIES FRANCHISEE IN SEVERAL NEW JERSEY COUNTIES, HELPS EXPAND RESTAURANT CHAIN IN STATE

– Gourmet Hamburger Chain Set to Open Two New Jersey Locations This Quarter –

NEW YORK, NY – February 27, 2012 – (RealEstateRama) — RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, recently arranged two long-term retail leases in Morris County, N.J., for Five Guys Burgers & Fries. The exclusive retail leasing broker for the Five Guys Burgers & Fries franchisee in Morris, Passaic, and Sussex Counties, RKF has helped the franchisee expand in New Jersey.

RKF Managing Director Glenn Beyer arranged the 2,689-square-foot retail lease at 240 Route 10 West, at the corner of Murray Road in East Hanover, N.J., on behalf of the franchisee, Genco Development, LLC d/b/a Five Guys Burgers & Fries. Building owner and developer Vornado, Hanover VF, LLC was represented in-house. The restaurant is expected to open in March.

Beyer also represented the quick-casual restaurant in the leasing of a 2,379-square-foot retail space at 808 Route 46, located at Westmount Plaza, a 420,000-square-foot power center in Parsippany, N.J. The landlord was represented in-house by New Jersey-based owner and developer Garden Commercial Properties, Westmount Plaza, LLC. The store is anticipated to open this month.

“Five Guys wanted to relocate to a space within the same trade area in Parsippany and found the most ideal location in Westmount Plaza among co-tenants like ShopRite, Kmart, Bed Bath and Beyond, Home Depot, and others,” said Beyer. “In East Hanover, the gourmet hamburger chain saw the opportunity to penetrate a new market with a highly visible space at a dominant shopping center including national chains Dick’s Sporting Goods and Home Depot.”

Five Guys Burgers & Fries was founded in 1986, opening its first location at Westmont Shopping Center in Arlington, Va. The gourmet food chain has grown to over 625 franchises in 40 states and four Canadian provinces and continues to sell its famous hamburgers, hot dogs and french fries. In New Jersey, Five Guys Burgers & Fries currently has 30 stores, with the Denville, Madison, Wayne Parsippany, and East Hanover locations belonging to Genco Development, LLC.

About RKF

The country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and disposition. With approximately $20 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Las Vegas, Los Angeles, Miami, Northern New Jersey, and San Francisco. www.rkf.com

Contact:
Dan Bullock, Quinn & Co., 212.868.1900 x362, dbullock (at) quinnandco (dot) com