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August 2016
Greetings Friends!
It’s been a hot summer here in San Diego and although many of us were tempted to spend our days at the beach, it appears we’ve all kept incredibly busy, fueling the restaurant and retail markets. These are exciting times, with lots of activity and we are fortunate to have such an incredible variety of restauranteurs and retailers entering our City and expanding throughout the County. We are honored to be playing a big part in this ongoing movement and will be sure to continue to present you with some highlights as we charge forward. Happy Reading!
Featured Listing
Freestanding Drive-Thru Restaurant Property For Sale
 
1004 S. Santa Fe Ave, Vista, CA 92084
Price - $1,225,000
Extraordinary opportunity to acquire a Turn-Key Drive-Thru restaurant property located on South Santa Fe Ave in Vista, CA
Suitable for an Owner-User wanting to own vs. lease, or an Investor seeking to add value through lease-up of the property
Large 0.42 Acre lot with abundant parking, including 18 surface spaces
Located within 1/2 a mile of the 78 Freeway, off the exit of Civic Center Drive
Download Brochure
Michael Spilky
Michael Spilky
(858) 792-5521
Email
David Armstrong
David Armstrong
(858) 964-7494
Email
SOLD
CYO Pizza – Carlsbad
Kabob Lounge Carlsbad
Craft Your Own Pizza & Salad, located in the Lowe’s center on Palomar Airport Road in Carlsbad, has officially sold. Making its way into the space is Kabob Lounge, a gourmet Mediterranean kitchen, which opened its first location in Carmel Valley a little over a year ago. With the success they’ve had thus far, it was time to venture out and find the perfect spot for their 2nd store and we are so glad we were there to help their growth plans come to fruition. Location Matters represented both the Seller and Buyer in this transaction.

kaboblounge.com →
Fresco Pizza & Grill – Torrey Highlands
Fresco
Highly acclaimed Chef Alex Carballo, along with partner Mario Warman have purchased Fresco Pizza & Grill, located at 13350 Camino Del Sur in Torrey Highlands. Although currently operating the store with only minor tweaks, they plan on fully transforming the concept to include an artistic flair, chef-driven dishes, and unique pizza combinations. The two are also keeping busy with plans to open Moto Deli, a motorcycle-inspired sandwich shop in Encinitas and we can’t wait! Location Matters represented the Seller and Buyer in this transaction.

chefsroll.com/AlexCarballo →
frescosd.com →
JUST SIGNED
Piacere Mio – Del Sur Town Center
Piacere Mio – Del Sur Town Center
North County is about to experience a surge in its restaurant ratings with the addition of Piacere Mio, inking a lease at Shea Properties’ Del Sur Town Center. South Park’s beloved Italian Trattoria is the perfect addition to the project, and will be bringing their menu of seafood, homemade pasta, and delicious entrées for North County residents to savor. Piacere Mio will be joining the likes of Burger Lounge, Waypoint Public, and Choice Juicery, and Location Matters is proud to have played a major role in sourcing this impressive lineup of tenants, with more coming soon!

Read more on San Diego Eater →
piaceremiosd.com →
IN THE NEWS
California Centers, August 2016
California Centers, August 2016
In this month’s issue of California Centers, Location Matters wanted to take the opportunity to thank our valued clients, Shea Properties and Regency Centers for staying ahead of the curve and recognizing the vital role restaurants nowadays play in retail centers. It is important to spread the word that Restaurant Leasing is NOT EQUAL to Retail Leasing, and that hiring a team of restaurant specialists to merchandise food & beverage is absolutely necessary to enhancing the brand and quality of any retail center. And that’s what we are here to do!

Check it out →
Western Real Estate Business, August 2016
Western Real Estate Business, August 2016
"Food is on Fire in San Diego" – as a local market expert, Location Matters’ Mike Spilky authored this month’s San Diego Market Highlight for Western Real Estate Business. In his article, Mike addresses 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.

Read the full article →
INDUSTRY EVENTS
ICSC San Diego Next Generation
ICSC San Diego Next Generation
Location Matters attended ICSC’s Next Generation Event held at Stone Brewing – Liberty Station. The topic of discussion was Private Equity in Retail Real Estate and included an esteemed group of panelists, such as Travis King, CEO of Brixton Capital, Sumeet Parekh, Managing Partner of HP Investors, and Bill Gerrity, Founder/CEO of Gerrity Group. It was an enjoyable evening with great networking and the beer wasn’t bad either!
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Location Matters
2010 Jimmy Durante Blvd., Ste 205, Del Mar, CA 92014
(858) 792-5521