Shake Shack no longer plans to move into the former Arby’s at 11710 Rockville Pike, according to a property management company.
Shake Shack, the gourmet burger chain based in New York, had planned to occupy the space according to construction plans submitted by a Boston architect over the summer, which was posted to online subscription-based database Construction Journal.
Shake Shack never publicly confirmed its plans for the site.
Last week, a “for lease” sign from the Rockville property management firm Promark Partners could be seen on the former Arby’s, Robert Dyer reported.
In an interview with Bethesda Beat on Monday, Promark Partners Senior Vice President for Retail Leasing Len Harris said the deal between Shake Shack and the property’s landlord “went far down the road.” but was never finalized.
Harris said there were problems with the terms of the deal, but he didn’t know the specifics because he wasn’t involved in the negotiations.
Harris declined to identify the landlord of the property. According to online property records, it is owned by Montrose Associates.
Promark Partners is currently helping the landlord get the space leased, Harris said.
“We’re talking to some national tenants, but I’m not free to disclose at the moment who,” he said.
A Shake Shack spokesperson did not respond to an email from Bethesda Beat on Monday seeking comment.
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