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September 2014
Greetings Friends
As we say goodbye to Summer and hello to Fall, we welcome the promise of the new season and what it has in store for us here at Location Matters. Our team looks forward to building on past successes and developing new opportunities to bring you the most-heralded restaurants in Southern California. Here’s to the future….ours and yours. Happy Reading!
The Hub Marketplace – Hillcrest
The Hub Marketplace – Hillcrest
 
We are proud to join forces with Regency Centers in the listing of two signature Restaurant spaces in The HUB (Hillcrest Uptown Block) Hillcrest Market, formerly known as The Uptown District Shopping Center. Regency Centers has hired Location Matters as their exclusive agent for the Restaurant leasing of the 150,000 sq. ft. retail project.  The $3 million transformation of The Uptown District Shopping Center is currently underway and plans to deliver by the end of this year. The upgrade entails adding new custom murals by Southern California-based artists, sculptural art installations by Chris Puzio and MakeFab, and a new facade and color waves on the buildings. Other features include drought-resistant and indigenous landscaping, new hardscaping, and WiFi. The Uptown District Shopping Center first opened in 1989 and remains to be the largest commercial space in Uptown.
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Michael Spilky
Michael Spilky
(858) 792-5521
Email
Paul Ahern
Paul Ahern
(858) 764-1828
Email
JUST SOLD
Ciro’s Pizzeria & Beerhouse – Pacific Beach
Location Matters is pleased to announce the sale of Ciro’s Pizzeria and Beerhouse on iconic Garnet Avenue in Pacific Beach. The buyer, Ballester Roadhouse LLC, looks forward to introducing their new concept, Crushed, to the Pacific Beach community; offering breakfast / lunch / dinner with a variety of craft beers, unique mimosas and eclectic variety of wine, all in a neighborhood atmosphere.  Paul Ahern of Location Matters represented both the Buyer and Seller in this sale transaction which also included a new lease. Stay tuned for further updates! barcrushed.com
Hendo’s Local – San Marcos
Location Matters is pleased to announce that after four years of offering good eats, quality beer, savory wines, and high definition sports television to the local San Elijo Hills community, Hendo’s Local has recently sold to Meador Management Inc., and is in the process of changing over its name to Shane’s Pizza. After relocating his family to San Elijo Hills, the new owner, Shane Meador, looks forward to becoming a permanent part of this growing community by offering all of the great things he learned while running his father’s pizzeria growing up.  Paul Ahern represented both the Buyer and Seller in this transaction.
Stone Flats – Encinitas
After shutting back in 2013, the Stone Flats restaurant space at Camino Village Plaza in Encinitas will soon be revamped, and instead of pizza, will be offering extraordinary sushi rolls! After opening their first location in Carlsbad four years ago, Hooked On Sushi is pleased to announce the opening of their second restaurant location in Encinitas, joining the current restaurant lineup of Chipotle, Noodles & Company, Surf Brothers Teriyaki, Subway, and many more! Paul Ahern of Location Matters represented both the Buyer and Seller in this transaction.
OPENING SOON
Green Spot Salad Company
Location Matters is pleased to announce the expansion of Greenspot Salad Company who will be opening their 2nd location in 4S Ranch Village in Rancho Bernardo. With their original location off of Scranton Road in Sorrento Valley, Greenspot Salad Company has built a terrific reputation being known for their premium natural salads that “cater to the mindful eater”. Paul Ahern of Location Matters represented Greenspot Salad Company in this transaction as well as the Seller, Pitas & Buns.
RECENT OPENINGS
Boto Sushi
Location Matters brings a hot new sushi concept to Carmel Mountain Ranch Town Center, Boto Sushi by Sushiya. The sushi restaurant took over the same space previously occupied by Yummy Sushi which is located at 11835 Carmel Mountain Road in San Diego. Mike Spilky represented the tenant and Aaron Hill of Cushman & Wakefield represented the Landlord.
Industry Events
ICSC Next Generation Event
 
Location Matters was honored to be a sponsor of this year’s ICSC Next Generation event held on August 28 at Bali Hai Restaurant in the Hawaiian Village Pavilion on Shelter Island. Renowned restaurateurs Hanis Cavin (Carnitas’ Snack Shack), Arsalun Tafazoli (Ironside, Craft & Commmerce, El Dorado), Christopher Antinucci (Napizza), and Charlie Boghosian (Chicken Charlie’s FryBQ) shared their thoughts on the ever-changing restaurant scene and current market conditions to an attentive and captivated audience. The discussion was followed by a lively reception where industry greats mingled and shared their insight.
ICSC Western Division Conference and Deal Making
Location Matters is attending ICSC Western Division Conference. To set-up a meeting with Mike or Limor Spilky, e-mail Jackie Sutton at jsutton@locationmatters.com
ARTICLE SPOTLIGHTS
Location is Top Driver of Repeat Restaurant Visits
In a stagnant marketplace, a chain’s growth is tied to the operator’s ability to gain a greater share of their customers’ visits, increasing repeat visits and building greater chain loyalty, according to market research firm The NPD Group.… READ MORE
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Location Matters
2010 Jimmy Durante Blvd., Ste 205, Del Mar, CA 92014
(858) 792-5521