Lightstone Group Announces New Lease with Olive Garden at Dakota Square Mall in Minot, ND

Mar 30, 2011, 09:15 ET from The Lightstone Group

MINOT, N.D., March 30, 2011 /PRNewswire/ -- The Lightstone Group announced today that the Olive Garden has signed a lease to locate a 255-seat Italian restaurant at its Dakota Square Mall in Minot, ND. The restaurant will be situated on the site of the former Paradiso Mexican Restaurant, which will be demolished in the next few weeks to make way for the construction of the Olive Garden. The 7,800 square-foot restaurant has an anticipated opening date of late summer 2011.

"Our customer base has been asking for an Olive Garden for years," said Chuck Massey, Senior General Manager of Dakota Square Mall. "This will make an outstanding addition to the dining, entertainment and shopping options at Dakota Square."

Based in Orlando, Olive Garden is a leading restaurant in the Italian dining segment, with more than 700 restaurants across North America. The restaurant is known for its Tuscan farmhouse design, authentic Italian food, award-winning wine list, and a commitment to providing guests with a genuine Italian dining experience.

The Olive Garden will be located on the north side of the Dakota Square Mall property, a key location that is highly visible from U.S. Highways 52 and 2. The 600,000 square foot mall is located on 79 acres and is home to such tenants as Target, Sears, JC Penney, and Barnes and Noble, as well as a 176-room Sleep Inn hotel with a 24,000-square-foot indoor water park. Additional information about Dakota Square Mall can be found at http://www.shopdakotasquare.com.

To learn about leasing opportunities at the Dakota Square Mall or other regional malls owned by the Lightstone Group, contact John Vitullo at jvitullo@thelightstonemalls.com or by calling (315) 724-5017.

To learn about leasing opportunities throughout the Lightstone Group portfolio of office, retail and industrial properties, contact Jeff Dash at jdash@lightstonegroup.com.

About The Lightstone Group

Founded in 1988, The Lightstone Group has grown to become one of the largest privately held real estate companies in the United States.  Its diversified portfolio of industrial, office, retail and residential real estate assets includes 20 million square feet of commercial space and more than 10,000 multifamily units in 25 states, the District of Columbia and Puerto Rico. 

The Lightstone Group manages its business through operating platforms, each focused on a specific real estate asset class.  Headquartered in New York, The Lightstone Group employs more than 1,000 professionals.  For more information, visit www.lightstonegroup.com.

SOURCE The Lightstone Group



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