Slaters 50/50 Sold with Plans to Franchise
Represented Buyer
All six Slaters 50/50 stores were sold in late 2016, marking the beginning of a new chapter, rather than an end to the burger-centric brand. Sold to Elite Restaurant Group, Inc., new owner Michael Nakhleh plans to franchise the brand and continue its expansion nationwide.
Bankers Hill Bids Farewell to Hexagone; Welcomes The Corner Drafthouse
Represented Seller & Buyer
Bankers Hill is now home to The Corner Drafthouse, a west coast-influenced gastropub offering shareable plates, salads and entrees along with 70 different local beers, craft cocktails and wine.
Del Sur Town Center’s Impressive Restaurant Lineup
Represented Landlord & Tenants
In 2016, we continued to bring a growing list of impressive restaurants to Shea Properties’ Del Sur Town Center. To the roster we’ve added Waypoint Public, Burger Lounge, Piacere Mio, Choice Juicery, Sababa Kitchen, GorGai Thai Kitchen and Ototo Sushi.
Del Mar Rendezvous Under New Ownership
Represented Buyer
With the sale finalized in December, fans of the Chinese eatery need not worry as a transition is already underway with no planned changes for the restaurant.
Bushfire Kitchen Expands with Third Location
Represented Tenant
As a follow up to their thriving La Costa store, Bushfire Kitchen opened its third location in Beachside Del Mar, formerly known as Del Mar Heights Village.
The HUB Hillcrest Market Fully Leased with Addition of Rolled Up / Crackheads
Represented Landlord & Tenant
Our mission at The HUB Hillcrest Market was fully accomplished in 2016 with the addition of Rolled Up and Crackheads. Joining Ike’s Sandwiches and Whistling Duck, the unique concept blends the wildly popular giant sushi roll concept and gourmet breakfast sandwiches.
Breakfast Republic Inks Lease in East Village
Represented Tenant
With two successful locations already in Liberty Station and North Park (and more coming soon to Encinitas and Carmel Valley), Breakfast Republic took over the former location of Zanzibar Café at G. St. in East Village.
Burger Lounge Expansion Continues
Represented Tenant
Over the last seven years, Location Matters has played a key role in growing Burger Lounge to a total of 24 locations! 2016 added Walnut Creek, Sacramento Commons and Del Sur Town Center in San Diego.
The End of an Era for Bernard’O Restaurant
Represented Seller & Buyer
After 24 years in business, Bernard’O Restaurant in Rancho Bernardo officially closed its doors in 2016. Long-time owner, Bernard Mougel, retired from the business and turned the location over to the capable hands of a young couple from France, who converted the space to a more casual bistro named Le Bistro de Louisa.
Ace Hardware Opens in Oceanside
Represented Landlord
Ace Hardware joined the ranks of tenants along Coast Hwy in Oceanside! Located at 259-263 S. Coast Hwy, the newly occupied building garnered much attention, grabbing San Diego Business Journal’s #1 spot for retail leases completed in the month of June!
3776 4th Ave in Hillcrest Sold!
Represented Seller
Located on 4th Ave. in the heart of Hillcrest, this single-story retail building sold for its full asking price of $1,650,000 with the Buyer planning to redevelop the site into a mixed-use project.
1220 S. Coast Hwy Sale & Lease
Represented Seller & Buyer
Formerly the site of Baja Body Gym, our team marketed and sold this vacant Oceanside retail building…. And a month later leased it to Play It Again Sports!
Location Matters Ad Featured in California Centers
In the August issue of California Centers, Location Matters published an ad highlighting the philosophy that Restaurant Leasing is NOT EQUAL to Retail Leasing. To enhance the brand and quality of a retail center, it is vital to hire a team of restaurant specialists to merchandise food and beverage – and that’s what we do best!
“Food is on Fire in San Diego”
As a local market expert, Location Matters’ Mike Spilky authored the San Diego Market Highlight for Western Real Estate Business. In his article, Mike addressed the insatiable appetite of restaurants seeking to find locations throughout urban and suburban neighborhoods in San Diego and its impact on the real estate market.
Location Matters Does Baja (Again!)
In October, the Location Matters Team ventured down to Baja California for an exciting two-day excursion. Together with Bustamante Realty Group, we sipped on wine and dined on delicious fare with the stunning backdrop of Valle de Guadalupe. We explored the bustling Tijuana city and restaurant scene hoping to bring up and coming concepts to our very own San Diego!
