Gladstone Development Corp. Announces Grand Opening of Five Guys Burgers in Middletown, NY

FOR IMMEDIATE RELEASE
Greenwich, Connecticut, United States of America (Free-Press-Release.com) January 23, 2012 -- FOR IMMEDIATE RELEASE

Gladstone Development Corp. Announces Grand Opening of Five Guys Burgers & Fries at 469 Route 211 East in Middletown, NY

Greenwich, CT, January 23, 2012 – Gladstone Development Corp. announces that Five Guys Burgers & Fries, one of the nation’s fastest growing fast-casual restaurants, has opened in its shopping center at 469 Route 211 East in Middletown, NY.

Known for its popular grilled burgers and hand-cut fries, Five Guys opened its first location in the Washington, D.C. area in 1986. 26 years later, Five Guys now counts over 900 restaurants in 46 states and 6 Canadian provinces.

“We are extremely excited to welcome Five Guys to Middletown,” said Richard Gladstone, CEO of Gladstone Development Corp. “With the shopping center’s prime location in the heart of the bustling Route 211 retail corridor, along with the outstanding quality of the Five Guys menu, we are confident that Five Guys’ newest location will be a success.”

About Gladstone Development Corp.

Gladstone Development Corp., based in Greenwich, CT, is a real estate investment company that specializes in the acquisition, leasing and redevelopment of shopping centers on the East Coast. With principals that have over 70 years of combined experience in commercial real estate, Gladstone Development Corp. has owned commercial properties in 11 states and seeks further acquisitions of retail, multi-family, office and industrial properties. For more information, visit the company’s website at www.gladstonedevelopment.com.

SOURCE: Gladstone Development Corp.

For additional information, please contact:

Richard H. Gladstone, President
Gladstone Development Corp.
35 Mason Street
Greenwich, CT 06830
(203) 629-5100

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