IHOP Stacks Up Expansion

ORANGE COUNTY, CA-International House of Pancakes signs 25-year lease valued at estimated $3 million to open new restaurant at Anaheim Town Square. The current building, previously occupied by Jolly Rogers, will be torn down and a new restaurant built in its place.

By Erin Cassin | May 07, 2001 at 01:01 AM

The building owner, NewMark Merrill, was represented in-house by Brad Pearl. IHOP was represented in-house by Mike Calahan.

None of the parties involved would disclose the dollar value of the deal. But based on asking rents at the complex, the pact appears to be worth around $3 million.

Anaheim Town Square is currently undergoing $3.5 million in renovations. Anchor tenants at the complex are Big K-Mart, Ralphs, a 99 Cents Only Store and Rite-Aid.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

1 JOANN’s Demise Traced Through Shifting Foot Traffic and Fierce Competition

2 Class B Malls Offer Prime Redevelopment Opportunity

3 Real Estate Markets That Could Win in Several Tariff Scenarios

4 CRE Holds Steady as Tariffs Reshape the Economic Landscape

5 CRE's Women of Influence 2025

Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
Workers' Compensation Risk Management Award for Excellence Nominations
May 05, 2025 - Nomination Deadline

The 2025 Workers Comp Risk Management Award for Excellence honors outstanding loss control, safety and return-to-work programs.
More Information

Law Firms' Flight to Quality Boosts Office Productivity, Retention

By Mario Marroquin | October 23, 2024

Law firms are using wellness initiatives and modern amenities to retain staff.

Law Firms' Flight to Quality Boosts Office Productivity, Retention

Cutting Through the Noise in Today's Net-Lease Market

By Marcus and Millichap (Sponsored) | October 10, 2024

While interest rate cuts are a bright spot, investors endure a see-sawing net-lease market that will stay rocky a bit longer, before improving.

Cutting Through the Noise in Today's Net-Lease Market

Office Leasing Activity Expected to Continue Upward Climb Into Next Year

By Kristen Smithberg | September 19, 2024

Office lease sizes are decreasing as occupiers adjust to hybrid work.

Office Leasing Activity Expected to Continue Upward Climb Into Next Year

Leveling Up: Choosing the Best Renters Insurance Partner for Your Multifamily Housing Portfolio link

Guide

Sponsored by Assurant

Leveling Up: Choosing the Best Renters Insurance Partner for Your Multifamily Housing Portfolio

Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.

Browse More Resources ›

The Return to Office: Recovery Still Underway link

Guide

Sponsored by Placer.ai

The Return to Office: Recovery Still Underway

Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!

Browse More Resources ›

The State of Commercial Property Management Technology in 2025 link

Report

Sponsored by Building Engines

The State of Commercial Property Management Technology in 2025

Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.

Browse More Resources ›