Nationwide Pizza Chain Coming to Holly Place

Albuquerque, New Mexico (PRWEB) October 10, 2018

Pecos Valley Pizza, Inc., a Domino’s Pizza franchisee, and Hawthorne House Partners, LLC, an investment partnership of Corinthian Real Estate, Inc., announced they have entered into a long-term lease agreement for a new Dominos location in Albuquerque, set to open in the fall of 2018.

Domino’s Pizza Theater will open in the Holly Place Shops at 5920 Holly Avenue in northeast Albuquerque and will occupy 3,360 square feet of retail space. This new concept will offer sit down dining options as well as carryout and delivery.

Hawthorne House Partners, LLC was represented by Steve Lyon and George Chronis of Pegasus Retail and Pecos Valley Pizza, Inc. was represented by David Fite of Base 5 Retail.

“We are excited to partner with an internationally known chain and believe a fast-casual pizza concept is the perfect addition to the Holly Place Shops,” said Brad Jones, CEO of Corinthian Real Estate, Inc. and Manager of Hawthorne House Partners, LLC.

Domino’s is an American pizza restaurant chain founded in 1960 in Michigan and now has over 15,100 stores worldwide. The restaurant serves a variety of pizza, pasta, sandwiches, wings, desserts and more, all of which is available for carryout or delivery. Most of Domino’s locations are operated by separate franchisees, such as Pecos Valley Pizza Inc, a major player in the Southwest market.

Brian Bailey, the President and CEO of Pecos Valley Pizza, Inc., operates 80 Dominos franchises across New Mexico, Colorado and Texas, and brings operational expertise to this new location. Bailey was selected as the 2017 Restaurateur of the Year by the New Mexico Restaurant Association. As one of America’s ten largest Domino’s Franchisee’s, Bailey and his team are working towards their next goal, to become a 100+ store organization!

“We are thrilled to open another new Albuquerque Domino’s Pizza Theater location in the Holly Place Shops” said Bailey, adding “This new location features a dining room to enjoy fresh from the oven pizza, and an open kitchen for families to enjoy the pizza making show.”

Corinthian Real Estate, Inc. is a privately held real estate investment, development and management company headquartered in Houston, TX. Since its founding in 2008, Corinthian has achieved consistent success and profitability for its investors and partners. The Company’s portfolio includes retail, offices, industrial business parks and multifamily projects within the greater Houston area and beyond. For more information on Corinthian Real Estate, Inc. visit http://corinthianre.com


Domino’s launches new store concepts in ABQ

Read More in Biz Journals Domino’s launches new store concepts in ABQ.

Pizza lovers in Albuquerque are about to see a whole new slice of Domino’s.

Roswell-based franchise Domino’s Team Bailey is building two new store concepts in Albuquerque.

The Domino’s Pizza “theater” is a new store concept that features dine-in seating with an open kitchen so guests can watch their pizza being made. The concept also features flat screen televisions, Wi-Fi and USB outlets to charge devices.

The new “pizza theater” restaurants will be located at Montgomery and San Mateo boulevards NE and at San Pedro Drive NE and Holly Avenue NE, which is under construction. The new location, 5920 Holly Ave., is a relocation of an older store near Carmel Avenue and Wyoming Boulevard NE. The store is taking over the former Tomato Cafe space.

The Holly location will occupy 3,360 square feet of retail space and include a training center plus office space for operations and training departments. It’s now hiring. The location is scheduled to open later in the fall. Albuquerque-based Harrison Smith Development is the contractor on record making the tenant improvements for the store.

Domino’s Pizza Theater will open in the Holly Place Shops in northeast Albuquerque and will occupy 3,360 square feet of retail space. This new concept will offer sit-down dining options as well as carryout and delivery.

Houston-based Hawthorne House Partners LLC was represented by Steve Lyon and George Chronis of Pegasus Retail and Domino’s Team Bailey was represented by David Fite of Base 5 Retail for the Holly location.

“We are thrilled to open another new Albuquerque Domino’s Pizza Theater location in the Holly Place Shops,” said Bailey in a statement. “This new location features a dining room to enjoy fresh from the oven pizza, and an open kitchen for families to enjoy the pizza-making show.”

Bailey is the owner of Domino’s Team Bailey. Bailey, who started out as a delivery driver in Alamogordo, has been a Domino’s franchisee for 30 years and owns locations in New Mexico, Colorado and Texas.

Domino’s Pizza generated about $2.79 billion in revenue in 2017.