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February 2015
Greetings Friends
Moving right along into 2015…it has been a busy month for our Location Matters team, from attending industry events to making room for new talent to penning articles for major publications and, of course, getting deals done. We are constantly gearing up to bring you first-rate restaurants, retail and fresh industry happenings. From our family to yours, happy reading!
Featured Listing - San Diego Airport Authority
University Heights/Hillcrest Building For Sale - 3780 Park Boulevard
Price: $2,095,000
Property Size: 7,800 SF
Lot Size: 0.14 acres
Building Type: Single story street retail
Zoning: Allows for mixed-use development
Great owner-user opportunity or investment
License Types 48 and 58
Highly visible space on the major thoroughfare of Park Boulevard
Friendly walkable hip neighborhood
Download Brochure
Michael Spilky
Michael Spilky
(858) 792-5521
Mess Royale
Who’s ready for Montreal style poutine and bagels in San Diego? Italian cousins, Hugo and Franco Tassone, are bringing true Montreal style fare to Southern California’s Hillcrest at 142 University Avenue. Franco, owner and operator of Pacific Beach’s popular wine bar, Enoteca Adriano, has extensive knowledge of the restaurant industry while Hugo has worked in the beverage and restaurant industry for many years and grew up in Montreal. They felt San Diego was missing out on authentic poutine and wanted be the first ones to open a restaurant dedicated to this mouth-watering dish. Be on the lookout as their doors open next month. Mike Spilky of Location Matters represented the tenant in this transaction.

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Full Service Upscale Dining Planned for Former China Inn Building
Look at what our friends at Eater had to say about the former China Inn.

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ICSC LA Deal Making
On February 3, Location Matters attended this year’s ICSC Deal Making Conference held at the Los Angeles Convention Center in Downtown LA. Hundreds showed up to wheel and deal in the Deal Making Hall and witness the Retail Round Robin, showcasing the hottest tenants and the most active developers in Southern California, moderated by Donahue Schriber’s, Pat Donahue. A festive cocktail party ensued afterward where industry greats had a chance to hobnob with one another.
Marc Karren
Marc brings RETAIL & SALES expertise to Location Matters! Joining us from San Diego’s Pacific Coast Commercial where he specialized in the sales and leasing of retail properties representing Buyers, Sellers, Landlords, and Tenants. He is currently active in all parts of San Diego County with a primary focus in North County and has experience in income property investments, as well as, retail business ownership in San Diego…

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New Website Launching Soon
We will be launching our new website next month. Be sure to check it out.
"Buy Local" Takes on New Meaning in San Diego's Retail Market
Our very own Mike Spilky was invited to contribute an article about San Diego’s Retail Market for France Media’s Western Real Estate Business, issue February 2015.

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Restaurants and the Human Expense
One of the largest costs for restaurants is compensation and related employee expenses. Work Comp is a big piece of that pie. The dollar amount of an injury can oftentimes cost an employer up to three times what was actually paid in medical expense. If this exposure is not managed correctly, a profitable restaurant can turn into a struggling operation. The purpose of this article is to explain what drives these costs and how these costs can be managed…

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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