October 2014 Greetings Friends October started off with a bang, shooting off the ICSC Western Division Retail Conference in our own backyard of San Diego. Our team is embracing this last quarter of 2014 as we welcome what the rest of the year has yet to bring to Southern California’s restaurant industry. With the busy holiday season around the corner, we want to take this moment to share with you our latest and greatest happenings. Long Term Single Tenant NNN Investment Opportunity in Coastal San Diego Price: $4,125,000 Property Size: 5,230 SF Property Type: Mixed-use (Restaurant/Residential) Rare coastal location, 1 mile from the beach. Wildly successful and flourishing restaurant tenant with a rent to sales ratio under 5%. Incredibly rare Type 47 Liquor License. Nearly $2 million invested in recent years. Long term master lease with zero landlord responsibilities. Limor Spilky (858) 201-4991 Email Rakiraki Ramen & Tsukemen Rakiraki Ramen & Tsukemen is excited to announce their expansion into the Little Italy neighborhood of downtown San Diego, considered to be one of the county’s fastest  growing foodie hubs. After first opening their doors in Kearny Mesa back in 2012, Rakiraki quickly earned a strong reputation after being named one of San Diego’s hottest restaurants according to Zagat. Doors in Little Italy are expected to open in the Spring/Summer of 2015. Paul Ahern of Location Matters exclusively represented the tenant and Pasquale Ioele of Cassidy Turley represented the landlord in this transaction. rakirakiramen.com  Read about Rakiraki in Little Italy on San Diego Eater→ Bushfire Grill Bushfire Grill just inked a deal in the La Costa Town Square Shopping Center. This will be the second location for the organic farm fresh fast casual restaurant operator whose original location is in Temecula Valley. Mike Spilky exclusively represents the tenant and Bill Thaxton of Flocke & Avoyer represents the landlord. bushfiregrill.com Crust Pizzeria Crust Pizzeria celebrated their grand opening in Carmel Valley’s Torrey Hills Shopping Center on September 27. This is the second location for the upscale neighborhood pizzeria which serves up artisan New York style pizza with a modern touch. Mike Spilky of Location Matters exclusively represents the tenant and Ed Engle of Asset Management Specialists, Inc. represented the landlord. crustpizzeria.com  Read about Crust on San Diego Eater → Read about Crust in Carmel Valley → Pillbox Tavern & Grill Named after the local famous beach break nearby, Pillbox Tavern has officially opened their doors at 117 W. Plaza Street, next to Fletcher Cove in Solana Beach. Pillbox Tavern is a collaboration of seasoned restaurateurs which include Leigh Gibson, Mike Garcia, Adam Jacoby, and strategic partner Justin La Frantz; all of which collectively bring over 40 years of professional and operational experience to the table in hospitality.  Pillbox Tavern will be offering Solana Beach and North County residents a rotating selection of local/craft beers and a menu consisting of a selection of delectable wings, sandwiches, burgers, salads and savory treats. Paul Ahern of Location Matters represented Pillbox Tavern and Jon Gordon of Location Matters represented Fletchco Properties, LP in this transaction. For more information on Pillbox Tavern please visit their website – pillboxtavern.com  Read about Pillbox Tavern & Grill on Zagat → Read about Pillbox Tavern & Grill on San Diego Eater→ ICSC Western Division Conference   Location Matters attended this year’s ICSC Western Division Conference which was held in swanky downtown San Diego. Meetings and cocktail parties were in full effect as we networked and rubbed shoulders with industry leaders at this yearly deal making event.   Celebrity Chef Javier Plascencia and Anthony Bourdain Chefs, Wine give Baja a New Flavor Location Matters recently leased 4,800 square feet of restaurant space to Celebrity Chef Javier Plascencia, who brings his Baja inspired restaurant, Bracero: Cocina Mexicana de Raiz, to Little Italy’s Ariel Suites. We also represented Plascencia’s restaurant group in the high profile transaction, which will be the second Southern California restaurant location for the famed chef who also owns Mision 19 in Tijuana Baja, CA and Finca Altozano in Valle De Guadalupe, Baja CA. Plascencia’s mission is to share his beloved hometown cuisine with American culture and turn Baja into a site of gourmet pilgrimage… READ MORE New York City Restaurant Industry Booming Despite High Rents Despite our constant mourning over the city's dying service industry staples, New York City's restaurant and bar scene has actually been steadily expanding for the past decade. The Wall Street Journal has crunched some numbers and determined that from the fiscal year 2006 to the start of the fiscal year 2015, the "number of permits for restaurants, bars and cafes rose more than 27%."… 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