Andelman

Recent Restaurant Closings - More Than Usual?

4 posts in this topic

Is it just me, or does it seem like there is a lot of restaurant closings over the past 3 months? Seems like everytime I tune into DR.com, Facebook, Eater, etc... there is another announcement of a place closing down. More so than I can ever remember in the past....

I can only offer my sentiments to those that have had to close up shop....

Share this post


Link to post
Share on other sites

Is it just me, or does it seem like there is a lot of restaurant closings over the past 3 months? Seems like everytime I tune into DR.com, Facebook, Eater, etc... there is another announcement of a place closing down. More so than I can ever remember in the past....

I can only offer my sentiments to those that have had to close up shop....

Yes, there are a higher than normal amount of closings. However, I've been making it a point to stay on top of them in recent weeks - this, opposed to reporting openings. Why? Because I don't want to start threads. Why? Because I don't want my name plastered all over the place. I'm trying to capture history, and am stepping back to allow others to break opening news because I've decided that's a chase I don't want to pursue. Don't let it get you down - lots and lots of places are opening (think about it - how many closings are there that result in vacancies? Not many.)

Share this post


Link to post
Share on other sites
3 hours ago, dcs said:

The song remains the same.....  Why is Arlington Losing So Many Popular Restaurants?  by  Lisa Rabasca Roepe, April 17, 2017, in Arlington Magazine.

As a former retail/restaurant real estate broker/agent and as someone who does work with the restaurant industry that, IMHO, is an excellent article and perspective.  It includes some national data, information with which I was unfamiliar.  What is occurring in Arlington, DC, and around the suburbs with restaurants opening and closing is not unique to this area.  The historical info on rents in the Wilson Blvd corridor is a range that I've seen from the early 90's to today and with which I would agree.  Pretty freaking amazing.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now