Monday, September 20, 2010

Breaking news: Penguin Drive-In changes ownership

Posted By on Mon, Sep 20, 2010 at 3:48 PM

The Penguin Drive-In, which has been in the hands of owners Brian Rowe and Jimmy King for the last 10 years, will change ownership at the end of October.

Rowe and King will be moving about a block away to the Diamond Restaurant, which they are in the process of rehabbing, but Rowe told Creative Loafing leaving the Penguin is a shock.

“We have to go; they’re going to take over and we don’t know what they’re going to do,” Rowe said.

King and Rowe had signed two five-year lease agreements with the building’s owner, listed on the Mecklenburg County tax records as Ballentine Family Investments LLC. The current lease agreement was about to expire and Rowe said the building’s owners — who also own the name — came to him and King with an offer.

Read the rest here.

Tags: , ,

Pin It
Submit to Reddit


Showing 1-1 of 1

Add a comment

Subscribe to this thread:
Showing 1-1 of 1

Add a comment

Creative Loafing encourages a healthy discussion on its website from all sides of the conversation, but we reserve the right to delete any comments that detract from that. Violence, racism and personal attacks that go beyond the pale will not be tolerated.

Search Events
items in Creative Loafing Charlotte More in Creative Loafing Charlotte pool

© 2018 Womack Newspapers, Inc.
Powered by Foundation