The Habit Burger Grill will be opening a new North Bay restaurant adjacent to the Coddingtown Mall in Santa Rosa, CA. The Habit leased 2,616 square feet of space in a new freestanding building located at 2001 Cleveland Drive, near the junction of Guerneville Road and U.S. Highway 101. An opening is anticipated in spring 2017. The new restaurant will be positioned and visible along Cleveland Drive adjacent to Dick’s Sporting Goods. The property is owned by Codding Enterprises, LP. The Habit Burger currently operates 24 stores in the San Francisco Bay Area. Annie Prupas and John Schaefer with Cushman & Wakefield’s Retail Services group represented the tenant.
(EDITOR'S NOTE: According to sources in the industry, the transaction closed for $170 million. This is a developing story, and the pricing will be...