August 2015 Greetings, Friends! Southern California has certainly felt the heat this summer and our team at Location Matters has been on fire. From sponsoring the ICSC Next Generation Event at Mercado Del Barrio to expanding our ever growing office and team. We have had a very active, and, not to mention, busy summer and look forward to our continued momentum into the Fall season. We want to share some August highlights and newsworthy tidbits with you. Happy reading! Hillcrest Urban Restaurant Space   3755 6th Avenue, San Diego, CA 92103 3,584 Square Feet + Patio Located on a busy thoroughfare in the heart of Hillcrest with tremendous pedestrian and vehicular traffic Friendly walkable urban, hip neighborhood in a vibrant day and nighttime district Over 108,000 daytime employees and over 93,000 residents within a 2 mile radius Paul Ahern (858) 764-1828 Email Second Wind Navajo  A favorite San Diego watering hole recently sold. Second Wind Navajo, who first opened their doors in 2000, said farewell after a successful 15 year run, selling to 5 Hole, LLC, who are no strangers to the San Diego live music scene. They reinvented the former Second Wind space into Navajo Live Bar, featuring Live Bands and Musicians, Comedy Nights and Karaoke throughout the week. Paul Ahern represented the seller and buyer in this transaction. navajolive.com → Twisted Taps 2302 El Cajon Boulevard, San Diego, CA 92104 Twisted Taps, a new concept from San Diego craft beer brewery, Twisted Manzanita, will open a 24 tap bar and full service restaurant in a 1,525 square foot space, located on El Cajon Boulevard in ultra hip North Park. Their new location sits across from The Lafayette Hotel and right next door to longstanding Gilly's, a favorite North Park cocktail lounge and hangout. Twisted Manzanita beers will be poured from the 24 taps along with house brewed beer from Fat Cat Beer Company. The restaurant menu will entail dishes such as flatbreads, sandwiches, messy fries, and wings, many of which, will be infused with Twisted Manzanita beer. Be sure to check out the alehouse and eatery when it opens in Fall 2015. Mike Spilky represented both the tenant and landlord in this transaction. twistedmanzanita.com → Read the article on eater.com → Kebab Shop Corporate Headquarters 12520 Kirkham Court, Poway, CA 92064 Kebab Shop, voted San Diego Magazine’s Best Middle Eastern Restaurant in 2014, expanded their corporate office into Poway in order to accommodate their ever growing brand. They currently have 6 locations in Southern California and 2 in Northern California. Known for their Doner kebabs, wrapped in toasted flatbread, Kebab Shop also serves fresh salads, falafel plates, shish kebab plates, and delicious side dishes. You haven’t lived until you’ve tried their garlic yogurt sauce. Just sayin’. Paul Ahern represented the tenant in this transaction and Ryan Grove with Jones Lang LaSalle represented the landlord. thekebabshop.com → Meet Lauren, Our Newest Associate Broker We are pleased to announce the addition of Associate Broker, Lauren Dehasque, to our growing Investment Sales team. Lauren joins us from Colliers International, where she was a financial analyst for their number one Retail Sales team, globally, specializing in capital markets and working closely with institutional clients. After graduating from New York University and studying abroad in France for 5 years, Lauren has now completed her undergraduate and graduate degrees and is focusing on her career in commercial real estate. She is currently active in NAIOP and CREW, which allows her to give back to the community and expand her network of other real estate professionals. To contact Lauren, please e-mail her at [email protected]. ICSC Next Generation – The Rise of Urbanization We were honored to be a sponsor of this year’s ICSC Next Generation Event, Rise of Urbanization, held at Shea Properties’ mixed-use development, Mercado Del Barrio, in San Diego. The panel of speakers included the likes of renowned developers and the Mayor of Imperial Beach, where they discussed the evolution of the retail experience, which results from mixed-use developments. The discussion was followed by a vibrant reception where industry greats mingled and shared their insight. Iron Fist Brewery, who recently opened a tasting room at Mercado Del Barrio, provided cold craft beers to quench thirsts in the summer heat. Event Details → Bisnow – 2nd Annual San Diego Retail Real Estate Event The Hyatt Regency in La Jolla was the venue for Bisnow’s networking event and discussion on the state of San Diego Retail. The all-star panel included heavy hitters such as Sumeet Parekh - Principal of HP Investors, Michael Holmes - Partner of Allen Matkins, Roberto Jinich - Co-Founder of Paragon Real Estate Investments and Jerry Engen - SVP of Development at Westfield. They broke down current trends, what retail tenants are looking for, new development, and investment activity. A lively networking event preceded and followed the discussion. Event Details → Consumer Confidence Soars, Retail Spending Follows American consumers are finally spending again, which is good news for retailers and retail property owners. The increased spending corresponds to improved consumer confidence, and experts expect that trend to continue. Read more → Why I’m Optimistic About CRE For the Next Few Years Real estate has been a star performer over the last five years, delivering high returns on the back of strong and improving fundamentals and a gradually recovering economy. Real estate fundamentals continue to improve. 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