Tower at Frisco Square Grand Opening

Posted on: December 15, 2015 by encorebz

Frisco, TX (December 3, 2015) – Encore Office, LLC has celebrated the grand opening of its latest development, the Tower at Frisco Square. The building is a midrise, 165,821 rentable square foot office development and is located inside Frisco Square. The Tower at Frisco Square is an urban, mixed-use master-planned development anchored by Gearbox Software. Featured speakers at the opening included Mayor of Frisco, Maher Maso, Encore Enterprises President and CEO, Patrick Barber, and Founder and CEO of Gearbox Software, Randy Pitchford.

“We wanted our workplace to be the same place that we eat and live and play and exist, and we’re getting that,” Pitchford commented.

Watch our highlight reel of the event below.

Yatin Gandhi Promoted to Senior Vice President of Finance, Tax and Risk Management at Encore Enterprises

Posted on: November 11, 2015 by encorebz

Dallas, TX (November 11, 2015) – Encore Enterprises, Inc. is pleased to announce that Mr. Yatin Gandhi has been promoted to Senior Vice President of Finance, Tax, and Risk Management. Mr. Gandhi previously served as corporate controller for Encore, overseeing over $1 billion of real estate transactions across diverse asset types since joining the Encore team in 2004.

“Throughout Yatin’s service as corporate controller for Encore Enterprises, he has demonstrated a proficiency for financial management and a vast knowledge of the company,” said Dr. Bharat Sangani, Chairman of Encore Enterprises. “We are excited to add his experience to our management team and are confident in his skills and abilities. We know he will continue to make a positive impact on the company in this new role.”

Mr. Gandhi uses his understanding of technology in coordination with process development to manage the treasury, payroll, and accounting functions. He is also actively involved in the areas of corporate and shareholder tax planning.

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate investment company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, and commercial offices.

New York, California, Texas,
Commercial Real Estate, Retail Investment Opportunities

Encore Retail Commences Construction on Quick Serve Restaurant in Lubbock, TX

Posted on: November 5, 2015 by encorebz

(Lubbock, Texas) November 10, 2015 – Encore Retail, LLC, a division of the Dallas-based Encore Enterprises, Inc., has recently closed and commenced construction on their latest single tenant build-to-suit development, a 2,200 square foot freestanding quick serve restaurant. The restaurant will be located at the intersection of 19^th Street and Milwaukee Avenue in Lubbock, Texas.

Terry Parker, Senior Vice President of Development for Encore Retail, LLC, is spearheading the development. “We are proud to be bringing a premier quick serve restaurant to the Lubbock community,” said Parker. “We are working with some of the best contractors in the area who have shown a level of attention to detail and sensitivity in the construction and development of the project.”

“Encore Enterprises, Inc. is enthusiastic about this opportunity to expand our single tenant build-to-suit development program into the Lubbock area,” said Chairman of Encore Enterprises Dr. Bharat Sangani. “We anticipate a smooth and timely delivery on the project.”

The restaurant will provide fast, efficient, take-out-ready foods at affordable prices. Construction on the Lubbock quick serve restaurant commenced in early November, with a grand opening slated for March 2016.

Contact: Mike Nelson
Phone: 214-259-7032
Email: mnelson@encore.bz

About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information, visit encore.bz or call (214) 259-7000.

About Encore Retail, LLC
Encore Retail, LLC is a privately held commercial real estate company focused on the acquisition, ownership, development, redevelopment and management of retail shopping centers throughout the United States. For more information on Commercial Real Estate Opportunities contact Encore Retail, LLC or call (214) 259-7000.

New York, California, Florida,
Commercial Real Estate, Retail Investment Opportunities

Encore Restaurants’ Grand Opening of IHOP in Brookhaven, MS

Posted on: October 13, 2015 by encorebz

Brookhaven, MS (October 13, 2015) – Encore Restaurants, LLC, a subsidiary of the Dallas-based Encore Enterprises, Inc., has announced the opening of its latest project: an International House of Pancakes (IHOP) in Brookhaven, Mississippi. America’s newest IHOP celebrates its inaugural day with a grand opening on October 13, 2015, at 106 Stribling Road Brookhaven, Mississippi. This is the fourth IHOP restaurant to be owned and managed by Encore Restaurants.

“While we are proud to add another international brand in Mississippi, it is still very much a local business,” said Dr. Bharat Sangani, chairman of Encore Enterprises and developer of Lakeview Village shopping center in D’Iberville, Mississippi where Encore’s first IHOP is located. “We are confident that along with serving delicious food, the Brookhaven IHOP will also make a positive impact in the local economy.”

The restaurant features breakfast favorites such as large varieties of pancakes and omelets, as well as a wide selection of popular lunch and dinner items. Although the new IHOP will not be open 24/7 initially, it will gravitate towards 24/7 availability in the coming months.

Additionally, the events leading up to the grand opening was filled with optimism. On Friday, October 9, 2015, many city officials and other dignitaries gathered together to witness the ribbon cutting ceremony. Key attendees included the President of the Chamber of Commerce, the Chief of Police, Daphanee Sampson, who is the General Manager of the Brookhaven IHOP location, Cory Porter, who is the Director of Operations of Encore Enterprises, and Dale Doerhoff, who is the President of Encore Restaurants.

“The City of Brookhaven and the entire community have been very supportive and we’re excited to open our fourth IHOP in the Mississippi market. With the opening of the Brookhaven IHOP, we look forward to serving great food and delivering a fantastic experience for all of our guests,” said Dale Doerhoff.

About Encore Enterprises, Inc. – Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas,Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments.

About IHOP – For over 55 years, International House of Pancakes, LLC has been a leader and expert in all things breakfast as well as a leader in family dining. IHOP restaurants offer guests an affordable, everyday dining experience with warm and friendly service. IHOP restaurants are franchised and operated by Glendale, Calif.-based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. (NYSE: DIN).

New York, California, Florida, Mississippi,
Commercial Real Estate, Retail Investment Opportunities

Encore Retail, LLC Closes on Gulfport Plaza

Posted on: October 5, 2015 by encorebz

(Dallas, Texas) September 23, 2015 – Encore Retail, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc., has announced the sale of Gulfport Plaza, a 34,036 square-foot retail center located in Gulfport, Mississippi.

“Our strategy for Gulfport Plaza was one of value add repositioning,” said Nicholas Barber, President of Encore Retail. “We were able to increase gross leasable area by 28% and secure Petco as a new, long-term anchor. This allowed us to maximize the value of the project for our investors.”

The property is shadow anchored by a Super Wal-Mart and boasts a myriad of national and regional retailers including CATO, It’s Fashion, Advance America, GNC, Sally Beauty Supply, GameStop, and Petco.

Sale of Gulfport Plaza, Encore Retail, LLC

“The sale of Gulfport plaza is part of our continued strategy to acquire, develop, and redevelop retail shopping centers and NNN single-tenant properties,” said Bharat Sangani, Chairman of Encore Enterprises. “The sale of this property will enable us to purchase and develop other properties, enabling us to expand our retail presence to other areas of the country.”

Gulfport Plaza was sold to FMOC, LTD out of Austin, Texas for an undisclosed sum and brokered by Cliff Taylor, CCIM of CBRE.

About Encore Retail, LLC
Encore Retail, LLC is a privately held commercial real estate company focused on the acquisition, ownership, development, redevelopment and management of retail shopping centers from California to New York with locations across the United States. For more information, contact Encore Retail, LLC., or call (214) 259-7000.

New York, California, Mississippi, Texas,
Commercial Real Estate, Retail Investment Opportunities

Marketplace at Craig Ranch Announces Walmart Neighborhood Market as Anchor

Posted on: October 5, 2015 by encorebz

(Dallas, Texas) August 18, 2015 – Encore Retail, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc., has announced that the anchor of their latest development, Marketplace at Craig Ranch, will be Walmart Neighborhood Market. The 20-acre Class A neighborhood retail center will offer grocery, medical services, and retail to residents of the master planned community of Craig Ranch. The development is be located at the city limit lines of McKinney and Frisco, Texas, at the northeast intersection of Custer and Stacy Roads.

“We are excited about the growth and progress of our project in the growing community of Craig Ranch,” said Nicholas Barber, President of Encore Retail. “There are several home builders that are underway building more than 1,434 additional homes and 3,000 apartment units to meet residential growth demands in the area. Marketplace at Craig Ranch is situated in this growing area and will serve as a cornerstone for the community.”

The city of McKinney has been ranked as the number one best place to live in America and has placed in the top five for the past five years, according to Money Magazine. The city has also been named one of the top ten places to move to by Forbes magazine.

“It gives us great pleasure to be working on an other project with such an internationally renowned retailer,” said Bharat Sangani, Chairman of Encore Enterprises. “The Walmart brand operates in five continents and is known for its commitment to providing quality products at affordable prices. Brining such a quality grocery operator will provide an excellent service to the residents of Craig Ranch.”

Brandon Harris, and Tey Tiner, of CBRE/UCR have the leasing assignment for this development and represented the landlord in this transaction.

About Encore Retail, LLC
Encore Retail, LLC is a privately held commercial real estate company focused on the acquisition, ownership, development, redevelopment and management of retail shopping centers throughout the United States. For more information, contact Encore Retail, LLC or call (214) 259-7000.

Dale Doerhoff Announced as President of Encore Restaurants

Posted on: September 1, 2015 by encorebz

Dallas, Texas (August 31, 2015) – Dale Doerhoff has been named President of Encore Restaurants, LLC. Mr. Doerhoff oversees all operations, development and brand assessments of the Restaurants division including the company’s current portfolio of 12 properties including 4 International House of Pancakes restaurants and 8 Five Guys Burgers and Fries restaurants. Mr. Doerhoff’s duties include assessing new brand concepts, development and overall financial and operational performance.

“Dale brings a wealth of knowledge and experience to the Restaurants team,” said Patrick Barber, President and CEO of Encore Enterprises. “His extensive expertise in multi-unit F&B operations management, and focus on business growth aligns perfectly with the vision of Encore Restaurants, and to a larger extent that of Encore Enterprises.”

As the former Vice President of Operations and Development of Studio Movie Grill, Mr. Doerhoff led a team of over 3,500 employees and was responsible for the design, development, budgets, and contract negotiations of all new stores. Under his leadership, Mr. Doerhoff’s annual revenue and theater locations grew four fold.

About Encore Enterprises, Inc. – Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments.

About Encore Restaurants, LLC – Encore Restaurants, LLC. develops, owns and manages specific territories of various Full Dining, Fast Casual, and Quick Serve concepts across the United States. For information regarding future development locations, contact Stacey Barber at 228-547-0293.

Encore Restaurants Opens Newest IHOP Restaurant

Posted on: August 25, 2015 by encorebz

Laurel, MS – (August 25, 2015) – Encore Restaurants, LLC, a subsidiary of the Dallas-based Encore Enterprises, Inc., has announced the opening of their latest project, an International House of Pancakes in Laurel, Mississippi. America’s newest IHOP will celebrate their inaugural day with a grand opening on August 24, 2014, at its location at 310 South 16^th Ave Laurel, Mississippi. This is the third IHOP restaurant to be owned and managed by Encore Restaurants.

“We are proud to be bringing the very first IHOP to the Laurel area,” said Dr. Bharat Sangani, chairman of Encore Enterprises and developer of Lakeview Village shopping center in D’Iberville, Mississippi where Encore’s first IHOP is located. “The restaurant will be open from 6am to 12am seven days a week, so it will provide residents of Laurel a new dining option that is open for breakfast, lunch, and dinner.”

The restaurant features breakfast favorites such as large varieties of pancakes and omelets, as well as a wide selection of popular lunch and dinner items. The restaurant is famed for offering an affordable, everyday dining experience with warm and friendly service.

“The IHOP brand has continued to grow rapidly both nationally and overseas” said Dale Doerhoff President of Encore Restaurants. “We look forward to growing the portfolio of IHOP restaurants as we continue to expand into the Brookhaven, MS market later this month.

About Encore Enterprises, Inc. – Encore Enterprises, Inc. is a privately owned national real estate company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information about Encore Enterprises, Inc., visit encore.bz, or call (214) 259-7000.

About IHOP – For over 55 years, International House of Pancakes, LLC has been a leader and expert in all things breakfast and a leader in family dining. IHOP restaurants offer guests an affordable, everyday dining experience with warm and friendly service. IHOP restaurants are franchised and operated by Glendale, Calif.-based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. (NYSE: DIN). For more information or to find an IHOP restaurant near you, please visit www.IHOP.com.

New York, Florida, Texas,
Commercial Restaurant Investments, Restaurant Investment Opportunities

Encore Retail, LLC Closes on Bedford Development

Posted on: August 20, 2015 by encorebz

Mixed-Use Class A Development in the Heart of New Hampshire’s Retail and Business Hub

(Dallas, Texas) August 17, 2015 – Encore Retail, LLC, a subsidiary of Dallas-based Encore Enterprises, Inc., has acquired land to develop a 16+ acre high-density Class A mixed-use development in the affluent Town of Bedford, New Hampshire. The development will consist of fashion, recreation, fitness, dining and office space conveniently located on South River Road, in the heart of New Hampshire’s retail and business hub. The new Whole Foods is currently under construction contiguous to this site, and is scheduled to open in the spring of 2016.

“The property is strategically positioned along South River Road at the high-traffic intersection of Route 101 and Everett Turnpike,” said Nicholas Barber, President of Encore Retail. “Its close proximity and direct access to Whole Foods will really create a regional destination for area residents.”

The development is planned to be in excess of 200,000 square feet. The development is already experiencing strong interest from regional and national retailers.

Commercial Real Estate Opportunities

“This project is part of our continued strategy of deploying funds from our newly raised acquisition fund. We have a large interest in continuing to find other attractive commercial real estate opportunities in New England,” said Bharat Sangani, Chairman of Encore Enterprises.

Prellwitz Chilinski Associates (PCA), known for their upscale, mixed-use design with a signature creation of memorable retail and public space destinations, has been selected as the architect for the project. Theodore Chryssicas, of Newmark Grubb Knight Frank brokered the deal, and will handle retail leasing. Robert Rohrer, of Colliers International will handle office leasing. Construction on the project is expected to commence as early as the 4^thQuarter of 2016.

“We firmly believe that the redevelopment of this property will improve the economic development, investment and revitalization rate, and public welfare for the South River Road area, as well as for the community at large.” said Rick Sawyer, Acting Town Manager and Planning Director of the Town of Bedford.”

New York, Florida, California,
Commercial Real Estate, Retail Investment Opportunities

Encore Multi-Family, LLC Closes on New Apartment Community Encore Evans Station

Posted on: August 20, 2015 by encorebz

(Denver, Colorado) August 17, 2015 – Encore Multi-Family, LLC, a subsidiary of the Dallas-based Encore Enterprises, Inc., closed on the 5.83 acres of land that will set the stage for the future Encore Evans Station apartment community located in Denver, CO. The apartment community will be a 3-story, Class A, high density, garden-style, multi-family development consisting of 224 units with an attached club house.

The project is located just south of Denver’s central business district in the South Broadway submarket. It is well-located, with walkable access to nearby shopping, restaurants, and nightlife. The Evans light rail station is within a half mile (7-minute walk) from the site and provides public transportation to downtown Denver and the DTC business corridor. Construction is expected to commence in early first quarter, 2016, pre-leasing during the fourth quarter, and completion in mid 2017.

“This is Encore’s second of several planned multi-family communities in the Denver metro area,” said Brad Miller, president of Encore Multi-Family. “We are naming the community Encore Evans Station due to the site’s proximity to the Evans light rail station. The lower-density urban/suburban design will differentiate the community from other high density properties in the submarket and will include many interesting amenities including the largest pet park in the sub-market.”

Denver’s effective rent growth has topped 6% in each of the last 17 quarters including 10% annual growth in the last year, ranking it 3rd among the top markets nationally. Axiometrics reports that the annual rent growth average for the US was 4.31%.

“With Denver’s booming economy, the development of a new apartment community will fit the growing needs leisure and work commuters,” explained Bharat Sangani, chairman of Encore Enterprises. “Denver’s apartment occupancy has remained over 94% since 2011. It has increased in each of the last 20 quarters and is currently at 96%.”

ARA Newmark Managing Directors Chris Cowan and Steve O’Dell represented an undisclosed seller in the transaction.

About Encore Multi-Family, LLC
Encore Multi-Family, LLC is a subsidiary of Encore Enterprises, Inc. And was founded in 2008 as a fully integrated multi-family developer, owner and operator. The company is involved in all aspects of multifamily development projects and acquisitions including ground-up developments, joint ventures and mixed-use turnkey developments. For more information about Encore Multi-Family, LLC, visit encorebz.wp.brainvire.dev, or call (214) 259-7000.

New York, California, Florida,
Commercial Real Estate ,Multi-Family Investing

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