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The burger brand shed traffic and closed stores. Del Taco did too. Now, executives are banking on real estate sales and ...

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Matador is owned by Red Door Brands, which franchises popular restaurants Arby's, Little Caeser's, and McAlister's Deli.

Del Taco plans a phased reopening of restaurants across Denver and Colorado Springs after closing all but one of its Colorado locations in February.

According to the Del Taco website, a Colorado Springs Del Taco located at 164 Space Center Drive has already reopened.

Del Taco's expansion will be driven by its "menu of venues," or new prototypes that are tech-enabled to support its off-premise business and diverse real estate options.