April 2016 Greetings, Friends! 2016 is off to a great start with the first quarter behind us and Spring most definitely in the air! Our office is in full bloom and we have lots going on. Our team is always on the forefront of bringing you the latest and greatest in Restaurants, Retail and Investment Sales. We enjoy what we do and it shows. Happy reading, friends! Carlsbad Village Coastal Restaurant Space For Lease 1,850 SF plus up to 2,000 SF of patio Unbeatable prime corner location with potential for HUGE outdoor presence Public parking lot located on State Street and Grand Avenue High visibility with significant frontage facing State Street Michael Spilky (858) 792-5521 Email 1525 Palm Ave., Imperial Beach, CA 92154 We are pleased to announce the sale of another Retail NNN Investment property. Marc Karren represented the Sellers in 2014 when they first purchased the property on Palm Avenue in Imperial Beach. Fast forward to 2016, the investment made two years ago turned out to be well worth it. It was a no brainer when the Sellers decided to sell that they would work with Marc again in order to achieve their financial goals. Manuel Lopez from Casa Bonita Realty represented the Buyer. Burger Lounge – Del Sur Town Center 16490 Paseo Del Sur, Suite 105, San Diego, CA 92127 “A common thing done uncommonly well” Burger Lounge is coming to Del Sur Town Center! The original grass-fed burger chain continues to spread like wild fire throughout Southern California, bringing mouth-watering burger and salad goodness to the new retail center anchored by Sprouts Farmers Market and Target. Burger Lounge now has 20 locations under their belt and we can’t wait to see where they pop up next! Mike Spilky represented the Tenant and Emily Jones of Shea Properties represented the Landlord. burgerlounge.com → Longstanding Sinbad Café Up for Grabs A popular fixture in the Pacific Beach bar crawl zone, Sinbad Café, closed its doors a few months back and is currently for sale. Mike Spilky, who represents the Seller, says that its closure symbolizes the end of an era in Pacific Beach. The sale includes a Type 41 Beer and Wine license with special and rare conditions, allowing for service from 8 a.m. to midnight Sunday through Thursday and until 2 a.m. on Fridays and Saturdays. For more information contact Mike Spilky. Read more on San Diego Eater → Download Sinbad brochure → Paul’s Birthday Celebration Our favorite bearded human wonder had a birthday this month! Happy Birthday, Paul! Farm to Table Tennis at Caffe Calabria We were proud to sponsor DiningOut and Caffe Calabria’s Farm to Table Tennis Event on April 24th. Everyone enjoyed a full bar, authentic Neapolitan pizza and some good old fashioned table tennis to end the week! The weekly Sunday night event is casual, with drink and food specials. View the event on Facebook → ICSC Recon Meet with us at ICSC RECon in Las Vegas! To set up a meeting click here. Chef Celebration Dinner at Arterra Del Mar We attended the Chef Celebration Dinner event this month hosted by Arterra Del Mar. It was another amazing culinary experience with some of San Diego’s finest chefs joining forces to raise money for scholarships to up and coming culinary students. Such a great cause and so stoked to be a part of it. chefcelebration.org → Don’t forget to follow us! Retail Rents Could Increase by 4.0 Percent in 2016 Retail properties are still recovering from the last economic downturn. The sector has posted positive net absorption rates three times since the recovery got underway in 2010, while balancing that out with vacancy rates that have dropped steadily… Read more → 11 New Retail Concepts Expanding in the U.S.Apr 15, 2016 In spite of a stronger economy, U.S. consumers spent less money at restaurants, apparel stores and online shopping sites in March. Americans are making fewer visits to departments stores and big-box chains, but they have demonstrated a spending preference for new retail concepts… Read more → About Us  /  Properties  /  Contact This email was sent to you from   Location Matters 2010 Jimmy Durante Blvd., Ste 205, Del Mar, CA 92014 (858) 792-5521