Burger King Outlet Changes Ownership
by January 26, 1998 12:00 am 67 views
Ownership of the Burger King restaurant at 1112 S. Thompson St. in Springdale was transferred in a $600,000 deal Dec. 16.
The restaurant was sold by Burger King Limited I Partnership of New York through its general partner BK I Realty Inc. to USRP (Susi) LLC. The deed was signed by Kenneth Boyle as president of BK I Realty.
The purchase was financed with a $110 million loan agreement between USRP and Comerica Bank – Texas of Dallas. Fred H. Margolin signed the loan agreement as manager of USRP.