Chanticleer Holdings, Inc. (NASDAQ: HOTR) („Chanticleer,” or the „Company”), owner, operator and franchisor of multiple branded restaurants in the U.S. and abroad, today announced its tenth Little Big Burger („LBB”) in Oregon, scheduled to open on March 28, 2017. In August 2016, the Company announced that it had raised $500,000 in Direct Investment EB-5 financing to open two new LBB stores; this Hillsboro location as well a store in the Lloyd District of Portland, which opened in November 2016.
Portland is the largest city in Oregon, with 60% of the state’s population residing within the city’s metropolitan area. The Hillsboro store is in the Platform District at 940 NE Orenco Station Loop. Hillsboro, which is to the west of Portland’s metropolitan area, hosts many high-tech companies that comprise what has become known as the Silicon Forest.