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Florence Today
By the People, for the People
Frisch's Restaurants Poised for Redevelopment After Evictions
Lexington developer Greer Companies buys up former Frisch's locations across Greater Cincinnati
Mar. 29, 2026 at 2:18pm
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The redevelopment of vacant Frisch's restaurant properties signals new opportunities for revitalizing local communities.Florence TodaySeventeen months after mass evictions forced the closure of dozens of Frisch's restaurant locations, a Lexington-based developer has purchased 11 former Frisch's properties in the Greater Cincinnati area, signaling potential redevelopment of the dormant sites. The developer, Greer Companies, is known for repurposing retail spaces and attracting new tenants like Starbucks and Taco Bell. While the company's specific plans remain unclear, locals are hopeful the vacant Frisch's buildings will soon be revitalized.
Why it matters
The closure of so many Frisch's locations left a void in the local community, with longtime customers and high school hangout spots disappearing. The redevelopment of these properties by an experienced retail developer could breathe new life into these neighborhoods and bring in new dining and commercial options.
The details
Greer Companies, a Lexington-based developer, has purchased 11 former Frisch's locations in the Greater Cincinnati area in the last five months. The company is known for redeveloping retail properties and attracting national chains like Starbucks and Taco Bell. While Greer has not disclosed specific plans for the Frisch's sites, locals are hopeful the vacant buildings will soon be revitalized. Other buyers, like a Middletown entrepreneur and a corporate affiliate of the Mi Camino Real restaurant, have also purchased former Frisch's locations, but their plans remain unclear.
- In 2024, the real estate investment trust NNN REIT Inc. filed dozens of eviction cases against Frisch's, leading to the closure of many locations.
- In September 2025, NNN REIT said it had sold the 'vast majority' of its 67 vacant Frisch's properties that year.
- In October 2025, a Greer Companies corporate affiliate purchased the former Frisch's location on Eads Parkway in Lawrenceburg for $1.75 million.
The players
Greer Companies
A Lexington-based developer that has purchased 11 former Frisch's locations in the Greater Cincinnati area in the last five months. The company is known for redeveloping retail properties and attracting national chains.
NNN REIT Inc.
A real estate investment trust that filed dozens of eviction cases against Frisch's in 2024, leading to the closure of many locations. The company has since sold the 'vast majority' of its 67 vacant Frisch's properties.
Brett Oakley
A Middletown entrepreneur who purchased the Germantown Road Frisch's location in January 2026 but has not yet decided on future plans for the property.
Mi Camino Real
A corporate affiliate of this Mt. Orab restaurant purchased a former Frisch's location at 551 West Plane Street in Bethel.
Cheryl White
One of two Frisch's managers who bought 'multiple locations and future development rights' of the Frisch's Big Boy brand in November 2024.
What they’re saying
“With that kind of background … even if they decide to hold it and sell it to somebody else, they'll be a driving force. We've got a lot of fast food around. But we don't have anything where you could come here at night, have a dinner, bring the family.”
— Scott Sayre, Owner, Advance Dentistry practice
“Our local Frisch's closed, and this is the closest one we have. Orphanage road is a little big further drive, but that's OK. I'll still go for my fish sandwich.”
— Janie Van Winkle, Longtime Frisch's customer
What’s next
The Kyles Lane Frisch's location in Fort Wright is set to relocate to a new Greer-owned property on Madison Pike at Orphanage Road by July 2026, according to employee reports.
The takeaway
The redevelopment of the former Frisch's locations by experienced retail developers like Greer Companies offers hope that these dormant properties will soon be revitalized, potentially bringing new dining, shopping, and community gathering options to neighborhoods that have lost these longstanding local institutions.
