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Real-Estate Investing: the Best and Worst Markets

Wall Street Journal - August 21, 2010
By M.P. MCQUEEN

Looking to snap up some investment properties on the cheap? You may want to consider Durham, N.C., Indianapolis and Huntsville, Ala. They are among the best places to invest now, according to a new report that ranks the best and worst markets for conservative residential-real-estate investors. Hard-hit Las Vegas and Orlando, Fla., are among the riskiest.

Five Guys Burger and Fries is coming to the Bearden area this fall.

The burger chain will open a location in the retail and office development, Brookview Town Centre, with hopes of being ready to serve folks sometime in September.

"Certainly, the Bearden area is a great location because of the traffic and the people who live there," said Sean Whitacre, Knoxville area franchise manager, who runs the day-to-day operations.

This will be the area's sixth location with two more planned down the road. The local franchise is owned by Gibby and Tina Lepsig.

Other Five Guys are in Turkey Creek, Emory Road in Powell, Hamilton Crossing in Alcoa, Lenoir City, and most recently, Pigeon Forge.

Five Guys, founded in 1986 in Washington D.C., has found a loyal following as one of the fastest growing franchises across the country.

According to its website, more than 200 Five Guys will open in 2010.

By Josh Flory, Knoxville News Sentinel - Property Scope