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CHIPOTLE, MATTRESS STORE TO JOIN MALL.


Byline: Daily News

PALMDALE - A McDonald's-affiliated Mexican restaurant and a mattress store are expected to open near the Antelope Valley Mall The Antelope Valley Mall is an enclosed shopping mall in Palmdale, California.

Opened in September, 1990, its buildings take up around 1 million square feet (90,000 m²). Its physical main building, parking lots, and ring road businesses encompass an area a bit less than 0.
.

Construction is expected to start within a month on a 5,500-square-foot building that will contain a Chipotle Mexican Grill Chipotle Mexican Grill (NYSE: CMG) is a Denver, Colorado-based chain of Fresh Mex restaurants specializing in San Francisco burritos and tacos. Founded by Steve Ells in 1993, the restaurant is known for its chunky guacamole and large burritos.  and a Mattress Discounters store, said Mark McGaughey, a CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  vice president.

Escrow closed last week on the 30,000-square-foot lot on Rancho Vista Boulevard between a Kinko's copy building and a Shell gasoline station, he said.

Established in 1993 in Denver, the Chipotle chi·pot·le  
n.
A ripe jalapeño pepper that has been dried and smoked for use in cooking.



[American Spanish, from Nahuatl xipotli.]

Noun 1.
 chain serves what it calls ``quick gourmet'' burritos, tacos and other Mexican food, as well as beer and margaritas. McDonald's bought an interest in 1998.

The company says it locates its high-volume restaurants in retail and office areas with at least 15,000 people age 18 to 49 living within two miles, a daytime population in that area of at least 10,000, and a median household income The median household income is commonly used to provide data about geographic areas and divides households into two equal segments with the first half of households earning less than the median household income and the other half earning more.  in the upper 40th percentile.

Escrow has opened on another parcel north of the mall's El Torito Restaurant, said McGaughey, who represents the land parcels surrounding the mall. He said he hopes to be able in three months or so to announce the purchaser's name when escrow closes.

Three more restaurant parcels exist north of there, he added.
COPYRIGHT 2002 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Mar 26, 2002
Words:213
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