Sale of Former Steak ‘n Shake

(Dallas, Texas) July 21, 2010 -SRS Real Estate Partners is pleased to announce the sale of the former Steak ‘n Shake location at 1921 S. Main Street in Keller, TX, to Verdad Real Estate. The 3,885 sf store is located on SH 377 just to the north of Kohl’s, and no new tenant for the space has been announced.

“This high traffic location in a family-oriented growth suburb would be ideal for a fast-casual or quick service restaurant” said Ryan Johnson, vice president with SRS Real Estate Partners. “The Keller shopping area on Hwy 377 continues to thrive, and this location’s visibility, access, and proximity to other shopping are difficult to replicate,” said Mark Reeder, executive vice president with SRS.

Mark Reeder and Ryan Johnson of SRS Real Estate Partners represented Steak ‘n Shake in this transaction, and Pete Podesta of United Commercial Realty represented Verdad Real Estate.