X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

P.S. Realty Partners LP has completed a $22 million sale-leaseback with Paragon Steakhouse for 19 steakhouses around the country. CS First Boston provided the financing.

A joint venture between Skyline Pacific Properties LLC and Franchise Realty Investments, P.S. Realty acquired restaurants located in California, Arizona, Ohio, Virginia, Indiana, Michigan and North Carolina. The restaurants operate under the names Carvers, Hungry Hunter Steakhouse, Hunter Steakhouse, Mountain Jack’s Steakhouse, Texas Loosey’s and Galveston’s.

In the Bay Area, properties are in Fremont, Lafayette, Oakland. In Southern California, sites are Bakersfield, Oceanside, Sacramento and Ventura.

Skyline Pacific is a San Francisco-based company that develops and acquires nationally recognized retail, restaurant and petroleum concepts throughout the United States. Dallas-based Franchise Realty provides sale-leaseback and acquisition financing or equity to chain restaurant and convenience store operators nationwide.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.