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Press Release / 2007 View PDF

Next Realty Mid-Atlantic LLC Represents Morton's The Steakhouse in 8,321 Square-Foot Lease in Annapolis, MD

McLean, VA (DATE, 2007) -- Next Realty Mid-Atlantic LLC represented Morton’s The Steakhouse in a lease transaction for an 8,321-square foot-space in Park Place in downtown Annapolis, Md. The lease term is 15 years.

The new restaurant will be located in Park Place, a 12-acre mixed-used development underway in downtown Annapolis by developer Jerome J. Parks Companies. The restaurant will be located on West Street in the building next to a new Westin Hotel, and is projected to open as early as Fall 2007.

The new location, the chain’s third in Maryland, will complement Morton’s The Steakhouse restaurants in Baltimore and Bethesda, Md., as well as its restaurants in nearby Washington DC and Northern Virginia.

With headquarters in Chicago, Morton’s The Steakhouse is the world's largest owner and operator of company-owned upscale steakhouse restaurants. The company owns and operates 73 Morton's steakhouses located in 62 cities across 28 states and four international locations, as well as three Bertolini's Authentic Trattoria restaurants.

Next Realty, LLC, with offices in Northbrook, Ill. and in McLean, Va., works to create and retain wealth through commercial real estate, including acquiring and developing shopping centers, retail land and parking structures. Next Realty principals own and manage a portfolio valued in excess of $300 million throughout 12 states. Brokerage services are offered by both offices. Next Realty Mid-Atlantic provides high-level tenant and landlord representation throughout Maryland, Washington DC and Virginia. For more information, please visit: www.nextrealty.com.

© 2008 Next Realty, LLC