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Deal-making continues, Chipotle secures two new Manhattan Locations

Wednesday, May 6, 2020

The fast-food chain restaurant, Chipotle, has recently secured a deal for two Manhattan locations. The storefronts, located in Hell’s Kitchen and Washington Heights, were formerly occupied by Boston Market.

Chipotle signed a 10-year lease for the 2,800 SF Hell’s Kitchen location, which will be on the ground floor of the six-story building, Rich’s International at 885 10th Avenue.

Washington Heights will be a 15-year deal for the restaurant, with 2,100 SF located on 3781 Broadway.

The ban on non-essential construction due to COVID-19 has delayed their plans to build out storefronts. However, Chipotle projects the opening of both locations will be by the end of this summer.

Source: Chipotle – Commercial Observer 5/5/20
Photo Credit: History of Chipotle

About Chipotle
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Chipotle had over 2,600 restaurants as of March 31, 2020, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. With more than 85,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. Steve Ells, founder and former executive chairman, first opened Chipotle with a single restaurant in Denver, Colorado in 1993. For more information or to place an order online, visit WWW.CHIPOTLE.COM.

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Article Topics: Chipotle | Growth

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