Reply to Cheesecake Factory CCDC closing

Forum Index » Real Estate

Reply to "Cheesecake Factory CCDC closing"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][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]
Most restaurants close within a year, CF was there for a long, long time which makes it notable.
Mostly I’m annoyed with DC regulations that make it so easy for landlords to increase rent and leave empty storefronts. Compare to Bethesda Row, which is a much more successful model. Few, if any, empty storefronts.[/quote]

This isn’t unique to DC. Bethesda has a ton of vacant storefronts— the old Army Navy surplus store, the old bank opposite Bethesda theater, etc. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics