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September 2017
Greetings Friends!
We could definitely get used to the hustle and bustle that 2017 has brought to us thus far. Businesses have been expanding and new and innovative restaurateurs and retailers have been entering the San Diego scene. We feel so fortunate to be in the mix of it all, and are determined to continue to push-forward the effort with many more alluring transactions currently in the works. Here are just a few of this month’s highlights for your edification – happy reading!
Featured Listing
For Sale │ Freestanding Restaurant Owner-User or Investment Opportunity
5351 Adobe Falls Rd., San Diego, CA 92120
Price - $1,795,000
Incredible opportunity to acquire a new, fixturized restaurant property.
Suitable for an Owner-User seeking to own vs. lease, or an Investor looking to add value through lease-up of the property.
Type 47 Full Liquor License available for purchase and transfer to new tenant.
Large lot with abundant parking, including 42 surface spaces.
Large patio space with four roll up garage doors installed.
Download Brochure
Michael Spilky
Michael Spilky
(858) 792-5521
Haru Mama – Little Italy
Haru Mama
As Sirena Cocina Latina closes its doors, another intriguing restaurant takes its place. We are excited to announce that Jenny and James Pyo, the owners of Blue Ocean Robata and Sushi Bar, Blue Smoke Sushi Lounge, Pokewan, and Love Boat Sushi, are bringing another grand-slam concept to San Diego! Their new restaurant, Haru Mama, will feature steamed hirata buns and a noodle bar with a variety of tasty options. Mike Spilky represented the landlord and tenant in this transaction.

Read more on Eater →
Pilgrimage of the Heart Yoga – North Park
Pilgrimage of the Heart Yoga – North Park
It may be hard to recall this building from our February issue, as it has had an incredible renovation. We’re so happy to finally dish out the long awaited secret that Pilgrimage of the Heart Yoga is who purchased the property located at 4081-4087 30th St. in North Park, after deciding to relocate from their original spot just down the street. Their yoga studio is centered on maintaining a welcoming environment taught by caring and knowledgeable teachers. Congrats on the exciting opening! Limor Spilky and Marc Karren represented the buyer in this transaction.
Ototo Sushi – Del Sur Town Center
Ototo Sushi – Del Sur Town Center
You heard it here first; Ototo Sushi just opened their 2nd location at Shea Properties’ Del Sur Town Center. Ototo Sushi originally made their mark in Clairemont with their first store and are now ready to expose the North County community to their exceptional sushi menu. There is just one space remaining at Del Sur Town Center and the race is on to find another superb tenant to complement the mix of restaurants Location Matters has brought to the property. Who will it be? Mike Spilky represented both the landlord and the tenant in this transaction.
ICSC Next Generation – Repurposing Retail Space
ICSC Next Generation – Repurposing Retail Space
A big thanks to ICSC Next Generation for putting on another successful event. Our day was spent with a great panel discussing the repurposing of retail properties, followed by lunch at the races.
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Later bar hours in California an idea whose time has come
Since 1935, California alcohol-licensed businesses have been prohibited from selling, serving and allowing open containers of beverage alcohol to remain in the public portion of the business from 2 a.m. to 6 a.m…

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Craft-beer glut starting to take its toll on sales
Some of the country's biggest craft brewers are struggling with falling sales, hurt by a glut of competitors crowding retail shelves and moves by megabrewers to scoop up some of their rivals…

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