CBRE Group, Inc. (CBRE) announced today that it has brokered a lease for Fogo de Chao, an 8,500 square-foot restaurant located on Main Street at the King of Prussia Town Center. CBRE Retail’s Adam Kohler represented the developer and landlord, The JBG Companies, during the transaction.
“We are so excited that Fogo de Chao is the first restaurant to open at King of Prussia Town Center,” said Adam Kohler, Executive Vice President, CBRE Retail. “The design of their restaurant is exceptional and fits so well with the overall design of the project. They provide great service and a unique dining experience that will set the tone as more stores and restaurants in the lifestyle shopping center continue to open over the next several months.”
Fogo de Chao is part of the 260,000 square-foot King of Prussia Town Center retail project whose anchor tenants include REI, LA Fitness, Nordstrom Rack and Ulta Beauty, which opened its doors on July 8. Other signed tenants include Davio’s, Founding Farmers, Paladar Latin Kitchen & Rum Bar, City Works, honeygrow, Naf Naf Grill and Roadrunner Sports, among others.
The restaurant opens to the public for dinner today, July 21, and lunch service will start tomorrow, July 22.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
About JBG
Headquartered in Chevy Chase, Md., The JBG Companies is a private real estate investment firm that develops, owns and manages office, residential, hotel and retail properties. The company has more than $10 billion in assets under management and development, primarily in the Washington, DC area. Since 1960, JBG has been active in the areas where it invests, striving to positively impact local communities. For more information, please visit www.JBG.com or find us on Twitter @TheJBGCompanies and Facebook facebook.com/TheJBGCompanies.
