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Pizza Inn gets 10-year lease after HQ site sale

THE COLONY, TEXAS Pizza Inn Inc., the owner or franchisor of 365 pizzerias, completed the previously announced sale of its headquarters building and distribution facility to Vintage Interests LP for $11.5 million. —

The chain obtained a 10-year lease for the building. Pizza Inn also said it was completely outsourcing its distribution services, which were previously handled by its own Norco Restaurant Services division. —

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