June 2018 Greetings Friends! June gloom may have started early this year but those Summer days we long for are just around the corner! It’s hard to believe that nearly half this year has flown by, but that’s what happens when you’re staying busy. These warmer months ahead bring much excitement for the San Diego restaurant and retail community as our streets are filled with vacationers, kids out of school, and people out and about enjoying the perfect weather. That said, our team has no plans of slowing down! Here is a glimpse of our latest and greatest – happy reading! For Lease │ Fixturized Freestanding Alpine Restaurant   2225 Alpine Blvd., Alpine, CA 91901 5,000 SF + 5,000 SF Basement + Possible Patio Space Fully fixturized restaurant with a large bar/lounge area, and NO key money Tenant Improvement Allowance available for the right tenant Type 47 liquor license available to transfer An incredible fit for a variety of concepts, including a brewery, gastropub, sports bar, family style and more Please DO NOT Disturb the Tenant Marc Karren (760) 803-5363 Email Common Stock – Hillcrest Our search for the perfect tenant for the Hillcrest space located at 3805 5th Ave. has come to an end as a new lease has been executed with a fresh new concept. Taking over the space are two veterans of the Hillstone Restaurant Group, who are embarking on their first solo restaurant, to be known as Common Stock. They will provide fine-dining level hospitality while blurring the lines between full-service and walk-up counter ordering, offering classic American dishes with craft beer taps and thoughtfully curated wine-based cocktails. Mike Spilky represented the landlord and the tenant in this transaction. Read more → 606 Cassidy – Oceanside If you are experiencing a bit of Déjà Vu, you are not alone as we are once again pleased to announce the completed sale of 606 Cassidy St. in coastal Oceanside! This sale marks the second time this building has been sold by Location Matters; just over one year ago, Marc Karren represented the previous owner in the sale of the property. The 6,034 square foot parcel includes a 2,314 square foot building that is fully leased to four retail tenants. Marc Karren represented the buyer in this transaction. Read more → Taco Asylum – Costa Mesa This month, Location Matters completed the sale of Taco Asylum, one of the various uber-cool restaurants at The Camp, Costa Mesa's eco-friendly urban retail campus. Taco Asylum fans need not worry as the restaurant’s new owners have no plans to change the concept or any of the yummy gourmet taco recipes we all love! Mike Spilky represented the seller and buyer in this transaction. ICSC RECon Location Matters attended one of our favorite events of the year, ICSC RECon in Las Vegas! Time was well spent enjoying the various events of the weekend, deal making, mingling, and so much more. MainStreet Oceanside Board Meeting The newest member of MainStreet Oceanside’s Board of Directors is our very own Marc Karren, seen here with Gumaro Escarcega, the Main Street Program Manager at this past month’s board meeting. Don’t forget to follow us! How to think about restaurant real estate in an era of delivery Pick locations to ensure you’re profitable for the entire lease term, says Subway’s vice president of development. During his visit to Chicago for the National Restaurant Association Show, Subway’s vice president of development, James Walker, toured several of his chain’s local stores. stores’ signs. So by the afternoon, Walker had purchased a pair of shears to take care of the problem… Read more → 10 Groundbreaking Concepts The problems hitting the restaurant industry—labor woes, competition from outside forces, real estate challenges and more—are affecting national brands and single-unit independents alike. Meanwhile, consumer preferences are shifting. While most operators aren’t looking at entirely new models, innovators are finding ways to win by improving at least one part of their business. Here are 10 concepts breaking ground, from menu to technology and more… 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