Platten owns franchises in Denver and southern Virginia--specifically the Tidewater area. Now he wants to aggressively expand into the DC area, Framson says. Typically these restaurants are developments of about 33,000 square feet, Framson says. He could not provide average development costs.

Possible locations would be in pad sites in retail centers or locations along well trafficked roads. All of the DC area's submarkets are possibilities. "We are looking at the Dale City's and Montgomery County's of the area," Framson says.

NOT FOR REPRINT

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

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.