Purchase Your Blue Vault Research SubscriptionDec 29, 2015, 12:57pm EST
Besito Mexican, an upscale chain with high ratings from The New York Times toZagat, is slated to open in Boca Raton this summer.
Hugh Connerty, CEO of the authentic Mexican eatery, told the South Florida Business Journal construction will begin shortly on the restaurant’s 6,800-square-foot space in Bank of America Tower at 150 E. Palmetto Park Road.
“We’re going for a different design to capture the South Florida feel,” Connerty said. “We’re really going to transform the outside with how we’re going to do the patios.”
Besito’s first Southeast Florida location will have about 200 seats indoors and outdoors, and a private dining component, Connerty said. Construction will be completed in about 26 weeks.
“We can’t wait to come to a market as strong and vibrant as Boca,” Connerty said, noting the area’s above-average incomes. The former CEO of Outback Steakhouse International added: “More and more every year Florida becomes a year-round living destination. It’s not just a winter home. It’s no longer just a seasonal type of restaurant scene. Every year it gets stronger. Boca is just a really good market for a white-table-cloth Mexican cuisine brand like ours.”
Besito offers traditional Mexican fare such as tortilla chips with guacamole dip, tacos, ceviche, enchiladas, margaritas, cocktails and tequilas. Besito has locations open in Tampa, New York, Pennsylvania, Massachusetts and Connecticut. The brand was founded by celebrity restaurateur John Tunney in 2006.
Other tenants at Boca Raton’s Bank of America Tower include Zen Offices, Veretech Holdings and Charles Schwab & Company. The building is owned by Dividend Capital Diversified Property Fund, a public REIT.
Go Back
Recent News
- Invesco Real Estate Income Trust Inc. Closes Two Credit Transactions Totaling $51.8 Million in Commitments
- Gladstone Land Announces Election of Paula Novara as Director
- Gladstone Commercial Corporation Announces Monthly Cash Distributions for October, November and December 2022 and Third Quarter Ended September 30, 2022 Earnings Release and Conference Call Dates
- Gladstone Land Announces Increase in Monthly Cash Distributions for October, November and December 2022 and Third Quarter Ended September 30, 2022, Earnings Release and Conference Call Dates
- Capital Square Acquires Luxury Multifamily Community Near Louisville for DST Offering
“Always, but especially in this day of lawsuits and ever increasing regulations, the responsibility for a financial advisor t do their own due diligence on products they sell falls squarely on themselves. No one is going to take greater interest in protecting their practice than they are. We use the Blue Vault Partners Nontraded REIT Review to keep us informed of the performance of every single nontraded REIT. Finally, complete transparency is available for advisors using nontraded REITs. Every advisor using REITs in their practice should make the small annual investment of subscribing to Blue Vault’s reporting services.”
