Grill Concepts (NASDAQ:GRILE)
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Grill Concepts Opens Daily Grill Restaurant in Santa Monica's
Colorado Center
LOS ANGELES, April 18 /PRNewswire-FirstCall/ -- Grill Concepts, Inc.
(NASDAQ:GRILE) today announced the grand opening of its 20th Daily Grill
restaurant, located in Santa Monica's professional and entertainment district
in the Colorado Center.
The newest Daily Grill, situated at the intersection of Colorado Avenue and
26th, joins a host of entertainment/media heavyweights -- including MTV, CBS
Enterprises and soon-to-be Yahoo.com -- as tenants of the 15-acre complex,
owned and managed by Equity Office Properties Trust, the nation's largest
publicly held real estate investment Trust. The Colorado Center encompasses
six buildings and more than one million square feet of office and retail space
in an open air campus featuring outside walkways amid lush landscaping.
Grill Concepts opened the doors to its 7,500-plus square-foot Santa Monica
Daily Grill to welcoming crowds of both corporate and residential guests. The
new $2.2 million restaurant, including the bar and patio, seats nearly 240. It
also features two side-by-side private dining rooms that already have
accommodated a number of corporate lunches and private events. The company has
a 15-year lease with options on the property.
"We are very pleased with the early performance of the Santa Monica Daily
Grill," said Robert Spivak, president and chief executive officer of Grill
Concepts. "In addition to the extremely busy lunch crowds, take-out and
delivery orders started strong and continue to grow. The restaurant has the
busiest bar of all its Southern California restaurants.
"Our newest Daily Grill also has been a welcome addition for nearby residents
who appreciate our signature, made-from-scratch, classic American grill fare,"
Spivak added.
About Grill Concepts, Inc.
Grill Concepts owns and manages upscale casual and fine dining, full service
restaurants under two core brand names: The Grill on the Alley and Daily Grill.
The company operates 24 restaurants, including four The Grill on the
Alley-branded restaurants in Beverly Hills, Hollywood, San Jose, and Chicago,
as well as 20 Daily Grill restaurants in Southern and Northern California, the
Washington, D.C. metropolitan region, Houston, Portland, Oregon and Skokie,
Illinois.
DATASOURCE: Grill Concepts, Inc.
CONTACT: Philip Gay, Chief Financial Officer of Grill Concepts, Inc.,
+1-310-820-5559; or Roger Pondel or Angie Yang, both of PondelWilkinson Inc.,
+1-310-279-5980, , for Grill Concepts, Inc.
Web site: http://www.pondel.com/