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Taco Bell operator looking for more Utah locations

Published March 23, 2012 7:54 am

This is an archived article that was published on sltrib.com in 2012, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

The Salt Lake City office of the commercial real estate brokerage CBRE said it has been chosen by Taco Bell franchisee Mark Peterson to help select the sites for several new restaurants in Utah.

The Mexican-style fast food restaurant chain will open a 2,500 square-foot store in Payson in May, and several more stores are expected to be announced soon, including one in Herriman where Peterson already has purchased land for a new location.

Russ Harris, vice president and retail specialist at CBRE, represents Taco Bell.

"It has been more than 10 years since Taco Bell has opened a new location in Utah," Harris said in a statement announcing the deal with Taco Bell's franchisee. "They recognize that Utah has a vibrant, expanding economy and is well positioned for future growth."

He said the new locations will be in areas with rapidly growing populations.

The Taco Bell name is atop more than 5,600 restaurants nationwide. The company recently was listed as one of the Top 10 largest food chains in America in terms of revenue by QSR Magazine. Taco Bell reported more than $6.9 billion in system-wide sales in the U.S. in 2010.