November 8, 2016
Richland Cos. entered the Corpus Christi, TX market with its acquisition of a 46,110-square-foot Pizza Hut & Wing Stop. The Houston-headquartered buyer will assume management of the asset at 2120 S. Staples St., across from Del Mar College’s east campus. The seller was restaurant owner and franchisee Muy Properties, based in San Antonio.
The company had been targeting Corpus Christi for a while, according to Edna Meyer-Nelson, Richland Cos.’ president and CEO. “With 10,000 plus students across the street, more than 25,000 cars per day and the only Pizza Hut that delivers to the downtown business and hospitality communities, we felt this was a perfect fit for Richland’s next acquisition and entry into this growing market,” she said.
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