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July 2018
Greetings Friends!
July is finally here and there is so much excitement in the air! With July 4th celebrations around the corner and our highly anticipated annual Opening Day Party only a few weeks away, it finally feels like Summer. As we conclude the first half of the year and set our sights on having an even more productive second half, we are putting forth 110% of our efforts towards servicing our clients and giving you the best opportunities in Restaurants, Retail and Investment Sales. Happy reading!
Featured Listing
For Lease │Del Sur Fixturized Restaurant Space
16475 Paseo Del Sur #105, San Diego, CA 92127
2,200 SF + 851 SF Patio
Final available restaurant space at Del Sur Town Center
Directly next door to renowned local favorite, Luna Grill
Immaculate build-out with over $2MM invested
Join the impressive line-up of restaurants in the center such as Piacere Mio, Ototo Sushi, Board and Brew, Burger Lounge, and more
Download Brochure
Michael Spilky
Michael Spilky
(858) 792-5521
Daphne’s – Mission Valley
Daphne’s  – Mission Valley
For those worried about the closure of Daphne’s California Greek in Mission Valley, we have some great news. The new owner of Daphne’s recently signed a lease for a spot directly across the street from their previous location. Daphne’s will have their new home at the Promenade Rio Vista and are prepping to quickly get their doors open for all their loyal, awaiting, Greek-food loving customers. Mike Spilky represented the tenant in this transaction.
Luna Grill – Del Sur
Luna Grill  – Del Sur
One of San Diego’s favorite local Mediterranean restaurants is officially coming to Shea Properties’ Del Sur Town Center! Luna Grill started in our very own North County San Diego and has since made a significant mark with their commitment to serving fresh, honest, real food with only the best customer experience. Now that Luna Grill is set to move in, the race is on to see who will snag the remaining space available directly next door! Mike Spilky represented the landlord in this transaction.

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Pho Bo – Barrio Logan
Pho Bo – Barrio Logan
The activity continues at Shea Properties’ Mercado Del Barrio as another hip restaurant opens their doors. Anyone looking for some authentic Vietnamese pho, look no further as Pho Bo is now open for business in Barrio Logan! Pho Bo joins the ranks of unique concepts in the center, including Attitude Brewing, Dough Nation, Maggie’s Café and more. Marc Karren represented the landlord in this transaction.
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3 ways restaurants are benefiting from retailers’ woes
Lord & Taylor disclosed plans Tuesday to close 20% of its stores, heaving 10 showcase locations atop a soaring scrap heap of no-longer-viable retail outlets. The casualties already include 102 Sears and Kmart branches, 735 Toys R Us outlets and 256 department stores run by Bon-Ton, the 160-year-old parent of Carson’s. The latter shutdown alone will put 23,000 people out of work.…

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Once-trendy Café Japengo to close Friday, a casualty of rising UTC prices, competition
Café Japengo’s nearly 30 years in business can be likened to a typical restaurant meal: a flashy starter, a solid main course and a finale that’s bittersweet.

After dinner service on Friday, Café Japengo — the once see-and-be-seen hotspot that evolved into a venerable dining destination for creative Asian fare — will close its doors at the Aventine complex, an apparent casualty of rising rents and the booming culinary scene in the UTC area…

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Location Matters
2010 Jimmy Durante Blvd., Ste 205, Del Mar, CA 92014
(858) 792-5521