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  • HU / Sacramento Bee Staff Photo

    Stripes Restaurants Inc. reopened a TGIF location in Elk Grove last year, and is now reopening the former TGIF near Westfield Galleria in Roseville. Shown here is a TGI Friday's in Sacramento.

  • Bob Shallit

Business - Bob Shallit
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Bob Shallit: Closed TGI Friday's restaurant to reopen in Roseville

Published: Saturday, Jan. 28, 2012 - 12:00 am | Page 1B
Last Modified: Saturday, Jan. 28, 2012 - 12:00 pm

Another one of the region's shuttered TGI Friday's restaurants is coming back to life.

A Fresno franchising firm is reopening the former TGIF near the Westfield Galleria at Roseville by the end of April, says spokeswoman Sara Kinner.

Her company, Stripes Restaurants Inc., last year reopened a TGIF location in Elk Grove.

Both eateries were closed in 2009 as a result of the financial meltdown of former franchisee Abe Alizadeh.

Kinner isn't providing any details yet on the new Roseville location. But she says her group – which also owns TGI Friday's restaurants in San Mateo and Cupertino – is looking to "expand to other areas of Northern California."

Alizadeh once owned 10 TGI Friday's along with 71 Jack in the Box locations, but lost them all after his companies filed for Chapter 11 bankruptcy protection in 2008 and 2009.

On the move

In one of the larger lease deals in the past year, Zurich Financial Services Group is taking 60,000 square feet of space in Gold River to consolidate and expand its local operations.

Broker Mark Hefner, who represented the insurance giant, says tenant improvement work will result in "sensational space" for the company at its new digs at 11290 Pyrites Way.

"It will make the workplace more appealing and quite a bit more efficient," says Hefner, managing director of the Sacramento office of UGL Services.

Zurich, which owns Farmers, 21st Century and other insurers, is using the new space to consolidate two offices now in Rancho Cordova while providing extra room for growth, Hefner says.

Hefner last year worked with Zurich to consolidate several of its subsidiaries' legal offices at the One Capital Center building in Rancho Cordova.

The new Zurich space in Gold River previously was occupied by online insurance quote provider InsWeb Corp., which had most of its operations acquired by Bankrate Inc.

History for sale

Now that he's leased up the building, developer Paul Petrovich has downtown Sacramento's historic Hale Building up for sale.

The asking price: $13.5 million, according to a listing on the online LoopNet real estate site.

Petrovich, who has owned the building since 1998, last year leased the second floor to Michelle Rhee's StudentsFirst educational reform organization.

That group moves in next month.

Rite Aid occupies the first floor, and Petrovich has his own offices on the third floor.

"The best time to sell a building," Petrovich says, "is when it's newly remodeled and leases are (in place)."

The building, at Ninth and K streets, was the longtime home of a Hale Brothers department store.

Bad timing

Many local travelers to Hawaii are going to have a little less beach time, starting April 10.

On that date, Alaska Airlines is switching the departure time for its daily Sacramento-to-Maui flights from 10 a.m. to 7:15 p.m.

So instead of arriving at the islands at 1:27, in time to catch some rays, the flights will be getting in at 9:42 p.m.

The return flights won't be much better in terms of maximizing vacation bliss. They'll depart Maui at 9 a.m. instead of 3:10 p.m.

Alaska spokeswoman Marianne Lindsey says the changes were the result of juggling several other flights.

Adjustments will be made again in June.

She acknowledges the new schedule may not be as convenient for many people.

But, she adds, for business travelers who want to get in a full day of work before hopping on a flight, "it's optimal."

© Copyright The Sacramento Bee. All rights reserved.


Reach Bob Shallit at (916) 321-1049.

Read more articles by Bob Shallit



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