As May unfolds, we're excited to present our latest newsletter! Our expert team in commercial real estate has been diligently sourcing prime opportunities in the retail and restaurant sectors.
Greetings Readers!
As May unfolds, we're excited to present our latest newsletter! Our expert team in commercial real estate has been diligently sourcing prime opportunities in the retail and restaurant sectors. From vibrant shopping hubs to intimate dining spots, we've been hard at work crafting spaces that inspire innovation and prosperity. Join us as we delve into the latest trends, insights, and success stories, reshaping the landscape of retail and dining experiences. Happy reading!
Asset Sale | Desirable Seaport Village Food Collective Location
879 W Harbor Dr., Ste B San Diego, CA 92101
522 SF + Shared Courtyard
Great opportunity in the heart of Seaport Village for a walk-up style restaurant space with low overhead and strong food court sales
Turnkey fixturized space with over $300,000 recently invested and views of the Embarcadero
Type 41 License available and ready to be utilized in large waterfront outdoor courtyard area
Anticipation builds for the arrival of IZOLA Bakery, renowned for its croissants and sourdough bread. Founded by Jenny and Jeffrey, IZOLA is celebrated for its commitment to quality, crafting each croissant and loaf of sourdough with the finest ingredients and boundless love. From their architectural marvel of a croissant boasting 96 layers of butter to their super clean sourdough made with only four ingredients, IZOLA delights customers with its exceptional offerings. Soon to grace the 7,211 square foot space that previously housed ModBom, this bakery stands as a testament to resilience and plans to be a cornerstone for the community. Hannah Sierpina and Mike Spilky represented both the Seller and the Buyer in this transformative deal
Niima Outpost |North Park
In the heart of North Park, Niima Outpoststands as a testament to forward-thinking design and sustainability. At its core is the 2,800 SF ground floor restaurant space, meticulously crafted with sustainability in mind. Utilizing innovative construction techniques like hybrid light-framed mass timber, this space reduces the carbon footprint while ensuring durability. Excitingly, the owner that brought you Miss B's Coconut Club, Louisiana Purchase and Coco Maya, is set to move in. With their track record of culinary excellence this new concept is sure to become a new local favorite. Alexis Couch and Hannah Sierpina both represented the Landlord and Alexis Couch represented the Tenant.
Charming Leucadia |Encinitas
A new lease has been signed at The Lumberyard in Downtown Encinitas, marking an exciting new addition to the area. Charming Leucadia, a unique custom jewelry store, is set to open its doors within the shopping center. Customers will have the opportunity to create one-of-a-kind necklaces or bracelets from a curated collection of charms and chains. Positioned alongside esteemed neighbors like Bird Rock Coffee Roasters & Little Victory, Charming Leucadia promises to add artisanal charm to the local scene. Marc Karren represented the Tenant in this transaction.
Higher prices and more locations drove chain restaurant sales last year
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