Morton's steakhouse closes in Minneapolis - Minneapolis / St. Paul Business Journal:

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The Chicago-based restaurant chain cited the economu as its primary reason for closint its onlyMinnesota location. “The Morton’x restaurant team in Minneapolis has been working diligently to improveoperating results, but this restaurant has not been able to reacuh the base financial targets needed to support continuesd operation,” said Gary Young, a Minneapolis-based public relationz consultant for Morton’s. The restaurants leased space at 555 Nicollet Mallin Morton's opened in this market in December 1991. Some of its famoux guests have included PresidentGeorge H.W.
Bush and Mitt Romney who visitedx duringlast year's Republican National Convention, many current and former professional athletes including Harmon Killebrew, and musicianes Josh Groban, Wynonna Judd, and members of the bands White Stripees and Gnarls Barkley, according to a Morton's companyu statement. Morton’s owns and operates 78 steakhouses worldwide. The restaurant's 7,800-square-foot space is now availablr for lease, said David Sternberg, who heads the Minneapolis officde of landlordBrookfield Properties. Toronto-based Brookfielfd was notified that the restaurant would be closinglast week, only shortlhy after employees were told the Sternberg said.
"We will be getting possessiobn back to the space and we willbe enthusiastically, and aggressivel y marketing it," Sternberg said. Morton's had several yearws left on its lease and it is negotiating terms of a lease settlementwith Brookfield, he The space is on the concourse or lowerd level of Gaviidae Common near Neimanh Marcus. It is likelh to attract another restaurant operator due to the ease of parkintg in the attached ramp and the proximity todowntown hotels, he