And just like that, April is behind us and May is here. The last month has been a refreshing change of scenery with restaurants being the most open we have seen them in over a year.
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May 2021 |
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Greetings Friends!
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And just like that, April is behind us and May is here. The last month has been a refreshing change of scenery with restaurants being the most open we have seen them in over a year. Between restrictions lifting and the relief being allotted, restauranteurs are finally able to breathe a little. We so admire the resilience restaurants have maintained over the last year and could not be happier to see many up and running again. We also are anxiously awaiting the new projects our clients have on the horizon. Read on to see our latest and greatest – happy reading!
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For Lease │ The Brick – Rare Restaurant & Rooftop Lounge in Oceanside
408 Pier View Way, Oceanside, CA 92054
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2,000 SF Ground Floor + 2,091 SF Rooftop Lounge
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One of a kind restaurant opportunity in new, upcoming Downtown Oceanside boutique hotel |
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Gross rent lease with percentage rent lowering new Tenant risk |
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Restaurant to cater to rooftop lounge, Frankie’s cocktail bar next door and Stone Brewing behind the hotel |
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Considerable tenant improvements to be delivered to premise |
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Aranelli, a long time tenant in the Cedros Design District, is on the road to expansion. With four locations in California already, another office on Cedros was an order. Steps away from their existing show room, Aranelli will be opening an office location at 142 S Cedros Avenue, right next to Native Poppy and Urban Remedy. With over 60 years of Italian craftsmanship behind the company, Aranelli provides its customers with beautiful designs and cabinetry imported directly from Italy. This type of quality is something that never goes out of style and we were happy to help Aranelli find another location so they can continue to do what they do best! Marc Karren and Alexis Dachs represented the Sub-Lessor and the Tenant.
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The Lab Collaborative — Downtown Oceanside
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Pierside North has an exciting tenant on the way! The Lab Collaborative is a brand new concept coming to Oceanside. In their 4,179 square foot space, The Lab Collaborative will provide a place for up & coming chefs and mixologists to pilot their craft to the community for six months. Each season will bring new talent and a new menu. We are so excited for this concept to take flight and can’t wait to see the culinary wonders that are created! Marc Karren represented the Landlord.
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Neighborhood Veterinary Hospital — Oceanside
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215 S Coast Hwy is now home to the only full-service vet clinic in all of coastal Oceanside. After opening just a few weeks ago, Neighborhood Vet Hospital has already made plenty of furry friends. Owner and veterinarian Dr. Christopher Hoolihan has created a one-of-a-kind facility that provides all types of pet care from surgery, weight management, digital radiology, and so much more. We know the pets of Oceanside will be treated with the utmost care at the Neighborhood Vet Hospital and come to call it a home away from home. Marc Karren represented the Landlord and the Tenant.
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RIAOC Interview w/ Mike Spilky: How Restaurants Will Fare in a Re-Opening Economy |
Mike speaks on the post-COVID climate of restaurant supply and demand, rising rents, cost of TIs, trending restaurant concepts and more.
Watch video →
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Don’t forget to follow us! |
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More New Restaurants are Opening Their Doors |
The amount of openings in Q1 surpassed 2020 levels.
Read more →
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What to Expect From Restaurant M&A Coming out of the Pandemic |
Dave Bagley, managing director of Carl Marks Advisors, joins the RB podcast "A Deeper Dive" to talk about trends in mergers and acquisitions in the restaurant space.
Read more →
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(858) 792-5521
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