Posted by Schwartz Media Strategies, a Miami, Fla. public relations (PR) and marketing firm
Anyone who has traveled to Chicago in recent years has likely spotted a Corner Bakery Cafe (or two, or three…). Some of you might have even given in to temptation by stepping inside and indulging your tastebuds. Freshly made sandwiches and salads, delicious soups, and a full menu of sweets garner high marks from the pickiest of eaters. Are you hungry yet?
Good news for Floridians: Corner Bakery Cafe (www.cornerbakerycafe.com) is planning to enter the sunshine state with up to 15 locations in South Florida. Here’s the full rundown, courtesy of Continental Real Estate Companies (CREC), which has been assigned the task of identifying the newest additions to the CBC chain. See below for more.
Continental Real Estate Companies Tapped to Introduce National Retailers PNC Bank and Corner Bakery Café to Florida Market
Tenant representation assignments mark retailers’ entrance into Florida’s competitive banking, restaurant markets.
MIAMI – May 27, 2010 – Continental Real Estate Companies (CREC), one of Florida’s largest commercial real estate services firms, announced today that its retail practice has been selected to identify and secure new locations for U.S. restaurant chain Corner Bakery Café and PNC Bank, one of America’s largest financial services companies. The tenant representation assignments signal the Florida market entrance for both companies.
CREC will be charged with negotiating lease agreements for as many as 15 new Corner Bakery Café locations throughout Miami-Dade, Broward and Palm Beach Counties. PNC Bank is launching its Florida expansion in Broward County. In addition to managing and leasing 11.4 million square-feet of retail, office and multifamily space throughout Florida, CREC also represents an array of national retail tenants in markets across the state.
“CREC’s twenty-year track record of assisting retail tenants throughout Florida gives us a built-in advantage when working with new-to-market tenants seeking to establish a presence in the state,” said CREC President Carol Brooks. “We look forward to advising Corner Bakery Café and PNC Bank as they plan their entrance into Florida’s competitive restaurant and banking landscapes.”
Corner Bakery Café is a national restaurant chain specializing in pastries, breads and gourmet sandwiches. Founded in Chicago in 1991, the chain is today comprised of 115 locations in major markets across the U.S., including Chicago, Los Angeles, Atlanta, and Philadelphia. Il Fornaio Corp. and equity investment firm Bruckman, Rosser, Sherrill & Co. LLC purchased the company from Brinker International in 2006 and subsequently launched an aggressive national franchise strategy.
PNC Bank is the banking subsidiary of PNC Financial Services, a U.S.-based financial services corporation founded in Pittsburgh in 1852 as the Pittsburgh National Corporation. PNC Bank is today one of the largest financial services companies in America, with a retail presence in 15 states the District of Columbia. In 2002, PNC became the first major U.S. bank to apply green building standards to all newly constructed or renovated retail branches.
About Continental Real Estate Companies (CREC)
Founded in 1989 by Chairman Warren Weiser and President Carol Brooks, Continental Real Estate Companies (CREC) is one of Florida’s largest commercial real estate services firms, managing a portfolio of more than 80 office, retail and multifamily properties totaling 11.4 million square-feet. With offices throughout Florida, CREC specializes in asset and property management, leasing, tenant representation, construction management, development dispositions and finance, and creative workout solutions. For more information, visit www.crec.com.