CBC Advisors Represents Tenant in the Transaction
Layton, UT (February 5, 2018)—Black Bear Diner today opened its ninth Utah store at the new, Winco-anchored Fort Lane Shopping Center in Layton. The Bowler Retail Team members Steve Bowler, Executive Vice President, and Heather Bogden, Vice President at CBC Advisors represented the tenant in this deal.
“This is a great site for Black Bear Diner,” said Bowler. “The freeway exposure and location in a strong, new retail shopping center poise this to be a very successful site for the restaurant. Black Bear Diner sits near the new I-15 interchange at Layton Parkway and brings more accommodations to the southern part of Layton. It was a pleasure to work with Layton City to bring the community a family-friendly full serve restaurant.”
Black Bear Diner was founded in 1995 in Mount Shasta, California. It now boasts 107 operating stores in nine states, with eight more restaurants under construction with current plans to expand into an additional four states. For this, Black Bear Diner has been named one of the fastest growing restaurant chains in the US by Technomic.
The restaurant serves breakfast, lunch and dinner specializing in large portions of comfort food along with pies, brownies, and lava cake. Each diner is decorated with mountain-lodge themed décor complete with scenic murals and carved bears too numerous to count. Together, the food and décor, paired with their friendly service, create an experience that reflects the small-town roots of founders Bob Manley and Bruce Dean.
Black Bear Diner has three other locations under construction in Utah. Those restaurants are located in Logan, Woods Cross, and Washington City.
Bowler Retail Team (BRT) is comprised of eight members in Coldwell Banker Commercial Advisor’s Salt Lake City-Millrock and Anchorage offices. Comprised of retail specialists, BRT works in landlord and tenant representation primarily in retail, but with experience also in land, industrial, and office transactions. BRT has over 90 years of combined real estate experience.
CBC Advisors holds the designation of the Top Performing Coldwell Banker Commercial company globally for 14 consecutive years. Since 2013, The firm has expanded operations from 4 offices in the Intermountain region to 30 nationally. As a full-service commercial real estate brokerage, CBC Advisors represents world-class office, retail, investment, industrial and multifamily projects coast to coast while providing institutional-grade asset services nationwide.