Italian Restaurant Chain Poised to Expand
Fazoli’s fits will into Boyle Investment Co.’s Schilling Farms development, says Boyle director of retail leasing Fritz R. Mattern. The Schilling project is a 443-acre mixed-use community in Collierville. The master-planned development offers 80 acres of office space, 70 acres of distribution space and 900 homes as well as shops, parks, the Collierville YMCA, Schilling Farms Middle School, apartments, a church and a day care center.
Mattern sees Fazoli’s as an attractive piece of the Schilling Farms development.
"Its an additional benefit that’s important when companies want to keep employees nearby and residents have a place to pick up food quickly and conveniently," says Mattern.
J. Tucker Beck of Cry-Lyke Commercial Real Estate says Fazoli’s has the market nearly covered with only two omissions: Midtown and Downtown. Finding a site in Midtown may be difficult because the land market is tight, he says, but a Downtown walk-in restaurant would fill the bill in that area.
See the full post at Memphis Business Journal.