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BJ’s Brewhouse to make Triangle debut with purchase of empty Golden Corral in Cary
- January 25, 2016
- Deals, Our Company, Our People, Retail Real Estate
BJ’s Restaurant & Brewhouse, a California-based restaurant owner and operator, has acquired a big, vacant restaurant building near Crossroads in Cary with plans to tear it down and build new.
BJ’s Restaurants Inc. (Nasdaq: BJRI) has bought the former 10,800-square-footGolden Corral restaurant building in the Centrum at Crossroads shopping center on Dillard Drive in Cary for $2.7 million, according to county records. The Golden Corral has been closed for about a year. The restaurant will be the company’s first in the Triangle and second in North Carolina, a location in Winston-Salem is under construction.
And while the restaurant site is very near the BJ’s Wholesale Club store in Cary, the BJ’s Restaurant chain has no affiliation with the wholesale club.
Real estate sources say BJ’s Restaurants is planning replace the Golden Corral building with its own 7,000- to 8,000-square-foot prototype restaurant and that it’s also searching for sites for another four or five future locations in the Triangle.
Representatives of BJ’s Restaurants did not respond to calls for comment.
BJ’s Restaurants acquired the Centrum at Crossroads building from Caudle Real Estate Inversments LLC of Pawleys Island, South Carolina, according to county records.
Drew Logan with The Shopping Center Group in Raleigh is representing BJ’s Restaurants Inc. in its lease deals and site location in the Carolinas.
Original article appeared here.