| Greetings, Friends! |
| Feeling the love in February! We have lots of fun news to share with you as we roll further into 2016. This month’s newsletter includes our most recent transactions, local restaurant announcements, and hot happenings in the Restaurant, Retail and Investment Sales world. Enjoy it and the warm weather, Friends! |
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Coastal Oceanside Retail Investment Property
1220 S. Coast Highway, Oceanside, CA 92054 |
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Freestanding retail offering on Pacific Coast Highway |
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Rare coastal opportunity with abundant off-street parking |
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4,700 square foot Single-Tenant NNN Lease |
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1.1 miles to Downtown Oceanside and blocks to the beach |
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Marc Karren
(760) 803-5383
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| Cold Beers & Cheeseburgers – 322 5th Ave., San Diego, CA 92101 |
Just in time for the warmer weather and longer days, Cold Beers and Cheeseburgers will make its SoCal debut by Memorial Day. Arizona based Square One Concepts, who also own Bootlegger and Pacific Beach Shore Club, will take over the former Acqua Al 2 space in the heart of Gaslamp’s 5th Avenue, serving up…well, as you guessed, cold beers and cheeseburgers. They will have 40 beers on tap and a wide variety of specialty cheeseburgers. We dare you take part in their 3 pound “Burger Challenge”! Paul Ahern represented the Buyer and Mike Burton with Cushman & Wakefield represented the Seller.
coldbeers.com →
Read more on San Diego Eater→
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| Tires 4 Less - 902 Main Street, Ramona, CA 92065 |
Lucky Number 7 for Tires 4 Less. 7 stores in 7 years. Their newest addition entails 2,300 square feet in a freestanding building right on Main Street in Central Ramona. The family owned and operated tire store opened their first location in Vista and built their reputation on “Quality, Price and Service”. Marc Karren represented the Tenant and Mike Swanson from Century 21 represented the Landlord.
tires4lesssd.com →
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| Karina’s Mexican Seafood Grand Opening – 2015 Birch Rd., San Diego, CA 92113 |
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The grand opening of Karina’s Mexican Seafood in Otay Ranch Town Center took place earlier this month. Wow! Such a stunning restaurant from the Karina’s Group, who has been around since 1982. Do yourself a favor and check out their new gorgeous location.
karinasseafood.com →
Read more on San Diego Eater→
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| USD Career Expo – Burnham Moores Center for Real Estate |
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| Limor, Jacqueline and a USD Undergraduate Student |
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| The 14th Annual Real Estate Career Expo was held at the Burnham-Moores Center for Real Estate at the University of San Diego this month, where undergraduate and graduate students participated in a speed-networking-style interview format with company representatives from the real estate industry. We were there in full force scouting out new talent.
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| San Diego Regional Airport Authority’s Rental Car Center Now Open |
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The moment we have all been waiting for….San Diego Regional Airport Authority opened their new highly anticipated one-of-a-kind rental car center which houses the 7,900 square foot restaurant space, currently available for lease. For leasing inquiries please contact Mike Spilky at [email protected] or call 858-792-5521.
View the brochure →
View photos → |
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| Banzai Replacing Former Shakedown Space |
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“All I need are some tasty waves, a cool buzz, and I‘m fine” – Jeff Spicoli
It has been revealed that the former Shakedown space in San Diego’s Midway’s District will become Banzai, a 1980s surfer magazine inspired 21 and up bar offering food and lots of good cocktails. The new owners, Chad Cline and Jason “Rocky” Nichols, also run THE LEGENDARY Waterfront Bar & Grill in Little Italy and Werewolf Pub in the Gaslamp. Coming to you in Summer 2016. Be sure to check them out! Paul Ahern represented the Seller and Buyer in this transaction.
Read more on San Diego Eater→ |
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| Location Matters Gets 2 out of 10 Most Popular Retail Listings on Loopnet |
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| This was a first for us and it will definitely not be our last. We had 2 of San Diego’s Top 10 Most Popular Retail Sale Listings on Loopnet this month (No. 2 and 10), both belonging to our VP of Coastal & Urban Commercial Property Investment Sales, Limor Spilky.
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| Bracero Nominated for a 2016 James Beard Award |
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| It is always rewarding to see one of your lease deal tenants making headlines. Javier Plascencia’s Bracero Cocina De Raiz in Little Italy has been nominated for a 2016 James Beard award in the prestigious category of Best New Restaurant. Award winners will be announced May 2 at the foundation’s headquarters in New York. Fingers crossed! |
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| Please Note Our New Website and E-mail Addresses |
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| Stronger Retail Demand, Rent Growth Seen Shifting to Second-Tier Markets |
The national vacancy rate for retail real estate in the U.S. edged down to 5.9% in the fourth quarter of 2015 after logging a healthy 20 million square feet of net absorption and setting the stage for rent growth in a growing number of shopping districts in the coming year…
Read more →
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| NRA projects record sales in 2016 |
The National Restaurant Association is projecting record foodservice sales in 2016 as consumers eat out more often —their finances improved by years of saving, an improving economy and lower gas prices…
Read more →
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Location Matters
2010 Jimmy Durante Blvd., Ste 205, Del Mar, CA 92014
(858) 792-5521
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