Nov. 8, 2013
CiCi's Pizza has partnered with Newmark Grubb Knight Frank, a global commercial real estate advisory firm, to help achieve the brand's development goals in the Northeast.
Coppell, Texas-based CiCi's Pizza currently has a presence in 34 states. The company has already identified specific markets for expansion within the Northeast, including Washington, D.C., Baltimore, Buffalo, N.Y., Philadelphia and northern New Jersey. The new relationship with NGKF was created to expedite the franchise's growth.
"Joining forces with one of the most respected and talented retail brokerage firms gives us the resources to reach our expansion goals," said Thomas McCord, vice president of real estate and franchise development. "We will be able to give our franchisees and prospects access to a full-service platform that will assist in their success. We're looking forward to working with a partner who sees the big picture, who understands our customer and has the resources, knowledge and tools to support CiCi's in achieving our strategic development objectives."
NGKF advisors will work with CiCi's Pizza franchisees directly to assist in site selection, site renewals, lease negotiations and to refer construction and finance specialists.
"We are excited about the opportunity to partner with CiCi's Pizza on a regional level to help them achieve their growth initiatives. CiCi's Pizza is a strong brand in the franchising world and one that has the legs to expand exponentially in the Northeast," said Jennifer Watson, senior managing director at NGKF Retail. "By partnering with NGKF, CiCi's Pizza will benefit from our extensive real estate experience to ensure that they meet their long-term development goals."
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