Acquisition - Merchants Tire in High Point, NC
MNG recently acquired Merchants Tire and Auto in High Point, NC. The site was previously a Goodyear Tire Center. MNG acquired this property from a preferred developer. |
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Acquisition - Tire Kingdom
MNG acquired a Tire Kingdom in Melbourne, FL. |
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CVS - Port St. John, FL
MNG recently acquired a CVS in Port St. John, FL. This property was acquired from the trustee of an estate. |
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Auctioned Property Acquired
MNG participated in an auction of several Jack in the Box restaurants in Federal Court (Sacramento) and acquired a property in Rocklin, CA. |
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Fazoli's - St. Charles, MO
MNG assisted Fazoli's Restaurant Company with the acquisition of one of its restaurants from an existing landlord where after the lease was restructured. |
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Joint Venture Projects
MNG has extended a substantial financial commitment to one of our long-time development partners, RMCI, for the acquisition, development and sale of residential homes in the San Diego area. |
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MNG Completes Build to Suit for Kent Kwik and Avis Lube in Odessa, TX
May, 2009. Kent Kwik, a growing independent service station operator and its affiliate Avis Lube, a quick lube operator, have opened for business on Andrew's Highway in Odessa, TX. MNG partnered with these tenants to fund the build to suit of these facilities. |
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Jiffy Lube Opens in Peoria, AZ
April, 2009. MNG and its partner Phoenix Lubrication Services, Inc., the Jiffy Lube franchisee for Phoenix, AZ announce the grand opening of the Jiffy Lube location on 91st Avenue in Peoria, AZ. MNG has the pleasure of working with Jiffy Lube at multiple properties and looks forward to funding future development for this tenant. |
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Groundleased Texas Roadhouse Opens in Springfield, IL
The Midtown Niki Group worked with Texas Roadhouse to secure a pad for their new restaurant that is an outparcel to the Simon Property's White Oaks Mall. MNG closed on the land for Texas Roadhouse so that they could develop their building. MNG has leased the property to them on a long term basis. MNG has made no contribution towards the completion... |
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Acquisitions - MNG closes on Kent Kwik Travel Center
MNG acquired from its partner, Kent Distributors, dba Kent Kwik, a 5.4 acre property in Alamogordo, New Mexico, housing a travel center, convenience store and restaurant. Kent Kwik is a well-known and growing independent service station operator throughout west Texas and now southern New Mexico. |
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Chipotle in Stillwater Oklahoma
MNG is extremely pleased to announce the grand opening of the Chipotle on Hall of Fame Avenue in Stillwater, Oklahoma. Previously a Fazoli's restaurant, the property was completely redeveloped and leased to Chipotle on a long term basis. MNG is proud to be a partner of Chipotle and hopes this is a very successful location for them. |
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Acquisitions- MNG closes on Arby's package
MNG closed on the acquisition of 11 Arby's fastfood restaurants, 8 of which are located in the greater metropolitan area of Atlanta with the remainder in the Southeast. MNG acquired the properties pursuant to ground leases with RTM, a wholly owned subsidiary or Triarc (NYSE: TRY). |
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Westlake, CA Marriott Residence Inn
The Midtown Niki Group and its long-time hotel development partner Huntington Hospitality Group are pleased to announce the opening of its 160-room Residence Inn by Marriott in Westlake, CA. One of the most attractive Residence Inns in the marketplace, this property is the product of almost five years of planning, design and development by Huntington.... |
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