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Anatomy of a Lease: The Cheesecake Factory in Huntsville, Ala.

The Cheesecake Factory signed a lease to open a 7,350-s.f. unit at the former Cantina Laredo restaurant at the Bridge Street Town Centre in Huntsville, with plans to open by December 2021. This will be the second location in Alabama for the chain, its first being a unit in Birmingham that opened 17 years ago. The corner unit space is situated between a Barnes & Noble and a Kay Jewelers and is directly across from a P.F. Chang’s. The mall initially did not have the high demographic draw numbers The Cheesecake Factory usually prefers, but the chain still decided to open a restaurant at the property because the shopping complex attracts visitors from more than 20 miles away, and its core customer visits the property an average of 20 to 25 times annually.

Tenant: The Cheesecake Factory

Location: Huntsville, Ala.

Square Footage: 7,350 s.f.

Property Type: Mixed-Use Open Air Lifestyle Center

Developer: Miller Capital Advisory

Initial Term: 10+ Year Lease

The lifestyle center location is within a five-mile radius of more than 86,000 daytime workers and attracts shoppers from both the Huntsville and Madison markets. The Bridge Street Town Centre has high foot traffic potential as it is also home to more than 207,000 s.f. of fully occupied Class A office space, a 244-unit Seleno luxury apartment complex, a 232-room Westin hotel, a 150-room Element by Westin hotel and the new 131-room Hyatt Place Hotel, which opened in December of 2020. The center is within a five-minute drive to the U.S. Space & Rocket Center, a popular tourist destination, and it is close to a couple colleges: The University of Alabama in Huntsville is four miles away and Alabama A&M University is about ten miles away.

Tenant Representation: Blatteis & Schnur, 10250 Constellation Blvd., Suite 1050, Los Angeles, CA 90067.

Marc Guth, Principal/Head of Development, (310) 282-5300, mguth@blatteisschnur.com;

Robert Schnur, Co-Chairman, (310) 282-5300, rschnur@blatteisschnur.com.

Property Representation: Bayer Properties, 310 S. State St., Suite S201, Newton, PA 18940.

Nikki Columbo, SVP of National Accounts, (215) 497-3481, ncolumbo@bayerproperties.com.

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Linda Frabl

Frabl is the former editor and reporter of Crittenden’s Retail Tenants Report. She has several years of experience in publishing including stints as a freelance writer, managing editor, copy editor and as an editor-in-chief for two Los Angeles County-based lifestyle magazines. She has worked for Crittenden Research since 2018. She has a degree in English from the University of California, Santa Barbara, and resides in San Diego.

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