Quaker Steak & Lube targets former Damon's Grill site
JANESVILLE--A Madison real estate development company with significant interests in Janesville has bought a vacant building and plans to lease it as a Quaker Steak & Lube franchise, a popular restaurant chain with more than 45 stores in the country.
Sara Investment Real Estate bought the former Damon’s Grill at 3111 Wellington Place on Friday from an Ohio-company, said Mandy Witt, a broker with Coldwell Banker Commercial/ McGuire Mears & Associates who was involved in the sale.
Traci Dalsin, executive vice president of Sara, said her company will lease the property to Sting Ray Hospitality Group, which currently operates Quaker Steak & Lube franchises in Middleton, Madison and New Berlin.
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