Little Caesars Pizza is first to sign a lease at Triad Properties Corporation’s new Laurel Plaza Retail Center on Redstone Road.
Michael and Marian Ilitch, the founders of Little Caesars Pizza, dreamed big, took risks, and grew one pizza shop in a Detroit suburb into an international pizza chain.
It started with a little-known snack food called “pizza” brought home by World War II soldiers returning from Italy. Mike and Marian saw promise in this new food and were passionate about starting their own pizza business. They invested their $10,000 life savings toward opening a single Little Caesars shop in 1959.To grow the chain, Mike and Marian franchised their stores, ultimately giving thousands of individuals the opportunity to own their own business. Mike and Marian took personal pride in helping franchisees grow their businesses and providing employment opportunities for young crew members.
More than 50 years later, Little Caesars is the largest carry out pizza chain in the world and an internationally known brand. The success of Little Caesars allowed Mike and Marian to own other businesses in the food, sports and entertainment industries, including the Detroit Red Wings and Olympia Entertainment, among others. Just like Little Caesars, Mike and Marian’s businesses are synonymous with “fun.”
Boasting a traffic count of approximately 26,000 cars per day, Triad’s strategically positioned Laurel Plaza site provides retail appeal by offering high visibility and convenient access. The site has many additional attributes that contributes to its retail appeal. Laurel Plaza is adjacent to a super Walmart, has direct access to Redstone Arsenal, is located in an area projected to have an increasing number of new housing starts, and is in close proximity to the new $60 million Grissom High School campus. For more information about leasing space at the new Laurel Plaza Retail Center, please contact Gerry Shannon at (256) 428-0402.
About Triad Properties Corporation
Triad was established in 1993 as a real estate operating company to offer confidential real estate acquisition, development, equity and debt financing, asset management, property management, and leasing services to a select group of private investors, financial institutions and institutional clients. In 1994, Triad principals formed TPH as an entity to own directly and indirectly the interests in the limited liability companies, partnerships and the real estate assets sourced and managed by Triad.
Since 1994, the operations of Triad and TPH have expanded from Huntsville, Alabama to areas such as Atlanta, Dallas, Tulsa, Nashville, Memphis, and South Florida with acquisitions and development in office and industrial products exceeding 8.3 million square feet. The combined track record of Triad and TPH includes more than 20 joint-ventured projects with Trammell Crow Company, as well as real estate transactions with various domestic pension fund advisors, REIT’s, institutions endowment funds, and local investors. Today, Triad Properties Corporation is a multi-disciplined, commercial real estate operating and investment company that offers value-added acquisition, development, management and brokerage services. Triad specializes in opportunistic acquisitions, on-schedule/on-budget developments, proactive management, aggressive leasing and effective disposition of commercial real estate. This extensive track record and broad knowledge of real estate markets provides the ownership with a distinct competitive edge.