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175 SW 7th Street, Suite 2205 Miami, FL 33130

The Real Deal  |  March 19, 2018

BGI Capital

Miami-Dade is getting its first Nathan’s Famous standalone restaurant.

The hot dog restaurant chain will open in a 2,500-square-foot space at 8946 Southwest 40th Street, according to its lender BGI Capital. Nathan’s also has a kiosk at Miami International Airport.

The building’s owner Jose Graibe closed on a $2.5 million loan for the property. Graibe will operate the Nathan’s Famous shop with his family. The space was previously occupied by a cigar shop.

Nathan’s Famous was founded in 1916 in Coney Island by Polish immigrants Nathan and Ida Handwerker. Since then, the company has turned into a public chain of fast food restaurants specializing in hot dogs, with a market cap of about $260 million.

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