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Real Estate
Reply to "Cheesecake Factory CCDC closing"
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[quote=Anonymous]I can't believe that there's a thread this long about a CF location. Restaurants in this area come and go all the time; it's a tough business. And leases are often 10 years or longer, so sometimes when the lease is ending, a restaurant will simply not want to make the commitment, or the landlord will increase the rent too much. My personal guess is that the landlord--realizing how valuable the land is and how promising the area is right now--tried for a big rent increase, and CF chose to walk. But that's just a guess. With all of the development happening and planned for FH, I wouldn't bet against the area.[/quote]
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