Since the beginning of fast food, the hamburger has been the reigning champion of the fast casual restaurant industry. In recent years, however, it seems that the American fast food craze has shifted its focus to the chicken sandwich. Perhaps fueled by the famous “Chicken Sandwich Wars,” beginning in 2019 between Chick-Fil-A and Popeyes, quick-service chains have seen a rise in demand for fried chicken sandwiches in drive-thrus across the country. As a response, many franchises upgraded their chicken sandwich recipe, and even restaurants that are known for burgers rolled out new chicken sandwiches to participate in the trend.

 

According to industry statistics, the market size of fast food chicken franchises in the United States has grown 4.8% annually between 2017 and 2022, and it is expected to increase another 4.5% in 2022 (IBISWorld). Goodman Real Estate Services Group represents several quick-service chicken restaurants, such as Slim Chickens, Chick-fil-A, and Dave’s Hot Chicken, who have experienced this growing success. According to QSR Magazine, Slim Chickens has had a groundbreaking year, opening almost 40 new locations and being named the Breakout Brand of the Year by QSR Magazine in 2021. Chick-fil-A has also continued steady growth even throughout the pandemic, and was named #3 in The QSR 50: The Fast-Food Industry's Leading Annual Report. Dave’s Hot Chickens was named one of the Top 10 hottest brands by Fast Casual in 2021. It appears that the chicken restaurant takeover will not be slowing down any time soon. 

 

 

Mattoon, Illinois, will be home to a brand new $60M indoor and outdoor sports complex situated on 150 acres. The Lincoln Land of Sports Complex is slated to open in 2023 as a first-rate sports, wellness, and events venue. The development will be centrally located on the west side of the Interstate 57 and Charleston Avenue interchange between several major metropolitan statistical areas (Chicago, Indianapolis, and St. Louis) and numerous micropolitan statistical areas. The site offers walkable access to retail, restaurant, and hotel amenities. Sports Facilities Companies Network (Sports Facilities Advisory, Sports Facilities Development, and Sports Facilities Management) will be developing and managing this project.

 

The sports complex will feature 16 outdoor multipurpose fields for a wide range of field sports. The indoor fieldhouse will have the capacity to accommodate 8 full-size basketball courts and 16 volleyball courts. As the youth sports tourism industry is expected to grow by 15% annually over the next five to seven years, the sports center is predicted to have a substantial economic impact on the area (Wintergreen Research). Market research conducted by Sports Facilities Advisory projects that there will be 580,000 visitors annually, $423.8 million in direct annual spending, and 59,278 hotel rooms booked annually. With 55 acres of retail, restaurant, and hotel opportunities, the Lincoln Land of Sports Complex presents dynamic leasing opportunities with strong buying power.

 

Together with the State of Illinois licensed broker, Cojak Land Services, LLC, Randy Goodman, President of Goodman Real Estate Services Group, and Alex Justice, Sales and Leasing Associate at Goodman Real Estate Services Group, are marketing the retail, restaurant, and hotel components of this exciting new development.

 

For leasing opportunities and more information on The Lincoln Land of Sports Complex, please contact Randy Goodman - This email address is being protected from spambots. You need JavaScript enabled to view it. or Alex Justice - This email address is being protected from spambots. You need JavaScript enabled to view it.

 

The City of Worthington in Ohio is undergoing major change at the intersection of North High Street and Wilson Bridge Road, with new developments under construction and proposed. Goodman Real Estate Services Group LLC has had a hand in the redevelopment and revitalization of this well-known destination.

Since 1972, when what was then called The Worthington Square Shopping Center opened its doors, this area has featured restaurants, retailers, and a full-service Holiday Inn hotel that served the local community and community at large.  In 2011, The Worthington Mall, as it was known locally, was redeveloped and changed to The Shops at Worthington Place. Over a dozen stores were added to The Shops at Worthington Place including Pies & Pints, Panera Bread, Orvis, Piada, and First Watch. In December 2018, demolition began on the 7-acre Holiday Inn hotel, paving the way for a new mixed-use development called Worthington Gateway which will include retail, restaurants, service industries, and office space to be developed in its place.

 

Fast forward to today, and Worthington Gateway is well under construction welcoming the first new tenants in spring of 2022. The Shops at Worthington Place is under proposal to redevelop a portion of the shopping center into new Class A office buildings with mixed-use retail/restaurant.

These developments have been approved by the City of Worthington to transform the area into a destination catering to the current needs of retailers, restaurants, and office tenants.

Goodman Real Estate Services Group LLC Vice President and Columbus Office Manager, Daniel Clark, and Goodman Real Estate Services Group LLC Columbus Office Sales Associate, Jessica Sonders are the listing agents for Worthington Gateway, assisting the owners in bringing quality tenants to the development. The three tenants slated to open their doors once the buildings are completed include Club Pilates, Orangetheory, and Tropical Smoothie Café. Club Pilates offers a variety of Pilates classes for any age or fitness level and will take up a 1,675 SF space. Orangetheory provides a space for fitness such as rowing, cardio, and strength training, and will enter a 3,000 SF space. Tropical Smoothie Café offers quality power food and smoothie options to customers on the go and will join Worthington Gateway in a 1,407 SF space. Other new tenants are expected to be announced in December 2021. 

 

For leasing opportunities and more information on Worthington Gateway, please contact Daniel Clark - This email address is being protected from spambots. You need JavaScript enabled to view it. or Jessica Sonders - This email address is being protected from spambots. You need JavaScript enabled to view it..

 

The CoStar Power Broker Quarterly Deals Award recognizes commercial real estate's top deals made by brokers in each quarter.

 

Three of Goodman's agents were recipients of the CoStar Power Broker Quarterly Deals Award in Quarter 2 and Quarter 3 of 2021.

 

Zack Sogoloff, Senior Vice President at Goodman Real Estate Services Group LLC and Seth Marks, Senior Associate at Goodman Real Estate Services Group LLC were awarded a Top Retail Leasing Deals Award in Quarter 2 for brokering the Lowe's 20-year lease extension in Mentor, Ohio. Zack and Seth represented the landlord in this transaction.

 

Rob Yaskanich, Senior Director at Goodman Real Estate Services Group LLC, was awarded a Top Retail Leasing Deals Award in Quarter 3 for leasing 3,461 SF to Dave's Hot Chicken in Lakewood, Ohio. Rob represented the landlord in this transaction.  

 

Wald & Fisher, Inc., is a multi-generational, family-owned and operated real estate development company located in Beachwood, Ohio. The company began serving the real estate needs of Cleveland-area residential neighborhoods until post-war opportunities led to the acquisition and development of apartment complexes, office buildings, and shopping centers. Today, Wald & Fisher’s portfolio of self-developed properties exceeds 1,000,000 square feet and includes some of the most well-known shopping centers in Greater Cleveland. The Greens of Strongsville (Target, Heinen’s, and T.J.Maxx), The Greens of Lyndhurst (Applebee’s, Fifth Third Bank and Sam Ash), and River Square (Whole Foods) are among their most notable assets. Since 2000, they have been growing outside of Northeast Ohio and currently have properties in Dayton, OH; Augusta, GA; Winston-Salem, NC; and Raleigh-Durham, NC. 

 

Currently, Wald and Fisher, Inc., is developing Pearl Plaza with three new drive-thru anchored, multi-tenant retail buildings and one NEW anchor opportunity. Preliminary site plan approval has been received from the City for the property which is located at 6850 Pearl Road in Middleburg Heights, Ohio. 

For over 20 years, Zack Sogoloff, SVP at Goodman Real Estate Services Group LLC, has worked with Wald & Fisher, Inc., on portions of their portfolio. Today, Zack and Seth Marks, Senior Associate at Goodman Real Estate Services Group LLC, serve as the leasing team for Wald & Fisher’s impressive real estate portfolio. 

 

“Zack and his team have been great partners to Wald & Fisher over the past 20 years and have played an important role in the continued success of our portfolio.

While their market knowledge is second to none, it is the time they take to achieve a detailed understanding of each property that allows for a streamlined deal making / tenant retention process.

We appreciate their dedication to the long-term health of our portfolio, and they are consistently willing to “make the right decision" by viewing them through the property owner’s perspective.”

 

-Marc Glick, Director of Leasing at Wald & Fisher, Inc.