Private Equity Colonizes College Towns Through Fast Casual Dining

PE-backed chains like Sweetgreen and Blank Street are clustering around major university hubs—Boston's Prudential Center among them—displacing independent food vendors in spaces where young consumers concentrate. The strategy is explicit: secure the college demographic's daily food choices through slick positioning and capital-intensive operations, betting that brand loyalty and consumption patterns formed now persist for 40+ years. Premium real estate near students, combined with operational scale that generates long lines and social proof, creates competitive advantages independent or regional vendors cannot match. The result is a narrowing of what registers as "normal food" for an entire generation.