New York CNN —
In Woodbridge, Virginia, LongHorn Steakhouse will take over an old TGI Fridays. In Watertown, New, York, a former Red Lobster is being converted to a Northern Credit Union bank. And Chick-fil-A is taking over a shuttered Red Lobster in Naples, Florida.
Vacant restaurant chains are creating prime real estate for a wide range of companies looking for spots to grow, especially fast-food chains that want to install drive-thru lanes on spots where diners once sat down for dinner.
Chains like Red Lobster and TGI Fridays filed for bankruptcy this year
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