REAL ESTATE

PizzaRev to expand in St. Louis and Austin

BY Michael Fickes

Los Angeles — A Buffalo Wild Wings Franchisee has signed an agreement to open fast-casual PizzaRev restaurants throughout the St. Louis, Mo., and Austin, Texas, markets.

The PizzaPeel franchise group plans to open four PizzaRevs in Austin and three in St. Louis. The agreement also includes rights to develop both regions further.

PizzaRev franchise locations are already under development in Salt Lake City; Minneapolis; Orange County, Calif.; San Diego; Lincoln, Neb.; Fargo, N.D.; and Sioux Falls, S.D. The company also plans to open at least 10 corporate stores in California to add to the eight PizzaRev restaurants currently operating in the greater Los Angeles region.

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REAL ESTATE

Bayer Properties names VP of business development

BY Michael Fickes

Birmingham, Ala. — Bayer Properties has appointed Brad Bailey VP of business development. With more than 20 years of experience in the commercial real estate and retail industry, Bailey comes to Bayer from The Weitzman Group, where he held the position of senior VP and director of investment sales. His responsibilities there included consulting on acquisitions, dispositions, operations, leasing and financing.

As VP of business development, Bailey will help further Bayer’s efforts to source and secure new business opportunities, while developing new and existing client relations for third-party management assignments, joint-venture partnerships, real estate development projects and consulting engagements.

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REAL ESTATE

Academy pilots high school business ed program

BY Michael Fickes

Yonkers, N.Y. — Forest City Ratner Cos. has joined Yonkers Partners in Education to create Ridge Hill Academy, a pilot program in which local businesses teach local students about the “behind the scenes” operations of retail management.

Twenty-five students selected from local high schools have just begun the pilot’s third of five 10-week sessions, which take place at Westchester’s Ridge Hill shopping, dining and entertainment center.

Students, of course, have their own experiences of going shopping, eating in a restaurant, or going to the movies, but few know what it takes to bring those experiences to the surface. Ridge Hill Academy provides an up-close, personal look at all of the components of running a business.

Forest City and Yonkers Partners in Education have designed the program as a model that could work in any city across the country through a similar partnership between a developer and a group such as Yonkers Partners, which is a private, not-for-profit organization working with the Yonkers Public Schools to increase the number of students completing post secondary programs.

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