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April 2013
Greetings Friends
Spring is here and all of us at Location Matters are pleased to share our latest news with you. Our April newsletter highlights what has been on our radar in the current markets, in addition to our most recent transactions and successes. Read on to hear feedback from our partners and what they have to say about working with Location Matters. Best to you and yours this Spring. 
JUST LEASED - 909 Prospect St. La Jolla, CA 92037
Just Leased!
909 Prospect St. La Jolla, CA 92037.
Location Matters facilitated the signing of a 5-year lease for Iberico Spanish Bistro at 909 Prospect Place, Suite 290, La Jolla, CA 92037 formerly occupied by Vigilucci’ s  Restaurant.
 
The lease, for the approximately 5,220 square foot restaurant and 700 square foot patio on the second level, was valued at $662,783.
 
Michael Spilky of Location Matters represented Prospect Plaza Holdings, LLC (Landlord) and Jose Bravo of Location Matters represented Iberico Enterprises, LLC (Tenant) in the transaction.  Iberico Enterprises also owns and operates the award winning El Agave Restaurant & Tequileria in Old Town San Diego.
Michael Spilky
Michael Spilky
(858) 792-5521
Email
Jose Bravo
Jose Bravo
(858) 792-5521
Email
UPCOMING EVENTS
RECON
May 19 -21 ICSC RECON Las Vegas
Location Matters will be attending the ICSC RECon event, the global convention for the shopping center industry and provides networking, deal making and educational opportunities for retail real estate professionals from around the world. With over 30,000 attendees and 1,000 exhibitors it is the largest industry convention, making it an unparalleled opportunity to do a year's worth of business in just four days! READ MORE
 
Please contact us now if you would like to setup a meeting with Location Matters at the conference.
Download Tenant Summary
NEWS IN THE MARKET
Carnitas’ Snack Shack
 
Area: San Diego County
 
Size: 500 -1,800 SF
Burger Lounge
 
Area: San Diego, Orange County & Los Angeles
 
Size: 1,500-2,500 SF
Slater's 50/50
 
Area: San Diego County
 
Size: 5,000-8,000 SF
Pizza Nova
 
Area: San Diego County & Orange County
 
Size: 3,500-5,500 SF
Broken Yolk
 
Area: San Diego & Orange County
 
Size: 4,000-6,000 SF
Napizza
 
Area: San Diego, Orange County, Los Angeles
 
Size: 800-1,800 SF
NEWS IN THE MARKET
Owning Real Estate Is Part of Restaurants' Value
As a value investor, I've long been fascinated by companies that own substantial amounts of real estate. Assets are a key component of value investing, for me anyway, and real estate can play a big role. In some cases, it may be raw land; in the case of… READ MORE
The Buzz Around Town
"I have had a long standing relationship with Mike Spilky & Location Matters. Mike & the Team at Location Matters brought me a high quality tenant to lease a second floor restaurant space in my La Jolla building. I was brought multiple offers and was happy with the commitment and energy that was put forward to get the deal done. I always want the best broker working for me & Location Matters gets Restaurant deals done, I would happily work with them again."
Emanuel Torbati, Prospect Plaza Holdings, LLC
Landlord of 909 Prospect St., La Jolla, CA 92037
Introducing Location Matters
Location Matters Team
From left to right:
Jon Gordon - Associate, Jose Bravo - Sr. Associate, Shauna Dunton - Client Services Specialist, Mike DiNorscia - Principal, Mike Spilky - Principal, Matthew Quadrini - Associate, Paul Ahern - Associate Director
We are looking to add to our Team!
Sales Associate and Summer Intern Positions Now Available. LEARN MORE
SEE THE LATEST
Restaurant Business For Sale Real Estate For Lease/Sale Current Tenants
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Location Matters
2010 Jimmy Durante Blvd., Ste 205, Del Mar, CA 92014
(858) 792-5521