Denver’s popular Chipotle Mexican Grill reportedly has been looking around the greater Albuquerque area for spots to land. Multiple sites around the city are rumored to be on its radar screen. NAI Maestas & Ward’s Brett Hills and David Fite confirmed they represent Chipotle, a national restaurant chain whose menu features salads, gourmet tacos and gigantic burritos with make-it-your-own options, such as rice, pinto or vegetarian black beans, meat (braised carnitas or barbacoa, adobe-marinated and grilled chicken or steak) or guacamole, salsa and cheese or sour cream, according to its website at www.chipotle.com. On April 6, Chipotle’s stock (NYSE: CMG) was trading at $275 a share. Welcome to New Mexico, Chipotle founder and CEO Steve Ells.
Source: New Mexico Business Weekly, April 8-14, 2011
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