ARLINGTON, TX--Jambo's BBQ Shack has secured lease-purchase rights to an iconic location, Arlington Steakhouse, for an expansion in early February.
"Arlington Steakhouse will remain open during the transition. Within a short period of time, the signs will change, the décor will change and the menu will change," says Chris Mendez, vice president of Coldwell Banker Commercial Alliance DFW.
The family-owned Arlington Steakhouse at 1724 W. Division St. is the oldest continuously operating restaurant in the city. It started as the Triangle Inn in 1931.
Arlington Steakhouse's longtime owners Lynn and Dick Brink have handpicked successors in Paul and Ashton Lovato, who opened their second barbecue location in May at 2500 Little Road, also in west Arlington.
"It is important to both sides to not lose the nostalgia and history of Arlington Steakhouse," says Mendez, the deal's sole broker. "The new owners are going to embrace it with their menu and service."
The Lovatos have preserved an established brand before, buying Jambo's BBQ Shack from TV's BBQ Pitmaster Jamie Geer in 2014. The couple has maintained the founder's recipes while expanding the business in Tarrant County. The original barbecue restaurant is located at 5460 E. 1187 in Rendon, southwest of Arlington.
Jambo BBQ's new location will be a 3,764-square-foot restaurant situated on a 9,148-square-foot lot.
In 2014, the Arlington Landmark Preservation Commission presented a historical medallion to Arlington Steakhouse. The honor is reserved for structures at least 50 years old that have played a significant role in the city's history and culture.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
