What do restaurants want in a site?



Any commercial landlord would be thrilled to land a tenant like Parasole Restaurant Holdings or Hemisphere Restaurant Partners, two outfits whose track records place them among the most successful eatery creators in the state.

And at a time when retail space vacancies are hovering around 8.5 percent in the Twin Cities market, landlords remain in tough competition to lure popular eateries, especially two homegrown success stories.

But what does it take to get them to bite on a lease?

This month, executives for the two restaurant firms told members of the Minnesota Shopping Center Association that choosing where to locate is part of a process that mixes the latest dining trends, opportunistic locations and the individual visions and market niches of each new eatery.

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