Category: (3)

Who will be the next Chipotle? Could Chipotle be the next Chipotle? Two local retail experts tell us the competition between quick service food chains remains hotter than ever.

Miller Walker Retail Real Estate principals Bill Miller and Alex Walker tell us fast casual chains are getting more sophisticated, raising the bar for creating concepts that will catch on. According to Bill, the trend really stems from the busy lifestyle of DC’s working crowd. “As a percentage of food we buy, it’s more prepared food than food we cook at home,” he says. And within the fast casual sector, “our market is looking for really high-quality food that is interesting,” Bill tells us.

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As if we didn’t have enough Georgetown coverage for you today:

Miller Walker Retail Real Estate principals Bill Miller and Alex Walker announced last week they closed a 9,500 SF deal with Irish pub Rí Rá at 3123-3125 M Street.

Bill tells us Rí Rá hopes to infuse the space with antiques from Ireland.

Here’s a rendering of the new spot, which is flanked on M Street by Johnny Rockets and Urban Outfitters.

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Rí Rá Irish Pub has signed a lease in Georgetown, its third Washington-area location.

Rí Rá will take over space at 3123-3125 M St. NW, previously occupied by Asian restaurant Mie N Yu, which closed abruptly in October.

Miller Walker Retail Real Estate brokered the transaction. The company did not say when the Georgetown Ri Ra would open.

Ri Ra’s existing locations are in Arlington’s Clarendon neighborhood and on Elm Street in Bethesda.

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