| Greetings Friends!
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| July has arrived and many restaurateurs are taking a second to breathe after the holiday weekend. The summer has brought in San Diego’s perfect 70 degree weather and quintessential tourists. With COVID restrictions lifted, tourism starting to ramp back up, and residents getting back to dining out, the restaurants are welcoming full capacities once again. The Location Matters office has seen no shortage of activity on our end from restauranteurs looking to grow, buy and sell their restaurant businesses, and investment sales. Read on to see our latest and greatest – happy reading! |
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For Lease | The Headquarters at Seaport District
789 W Harbor Dr., San Diego, CA 92101
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Retail and restaurant opportunities ranging from 340 SF to 10,031 SF |
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Become a part of this iconic and historic center in the heart of the Marina District in Downtown San Diego |
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Steps away from the San Diego Convention Center, USS Midway Museum, Seaport Village, Gaslamp Quarter and more |
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Join restaurant and retail tenants like Puesto, Cheesecake Factory, Eddie V’s, Sunglass Hut, and more |
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Michael Spilky
(858) 792-5521
Email
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Marc Karren
(858) 779-3196
Email
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Alexis Dachs
(858) 427-2593
Email
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8371 La Mesa Blvd. — La Mesa
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8371 La Mesa Blvd. has officially sold! Situated in the heart of La Mesa Village, this 5,000 square foot, clear span, street retail building with a unique bow truss ceiling sold for $1,850,000. Dating back to the 1940's, the building served as the La Mesa Emporium and before that was the Busch Garage and then a Pontiac dealership. The building has since been stripped down to its original brick and character. The property was purchased by Whissel Realty Group who will be moving their corporate office to this location. Mike Spilky represented the Seller.
Read more on East County Magazine →
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Birrieria & Menuderia Guadalajara — Chula Vista
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Birrieria Y Menuderia Guadalajara just signed a lease for a 2,409 square foot location in Chula Vista. They have another location in Chula Vista that they have grown a significant following from. The concept specializes in some of the best goat and lamb birria tacos and mouthwatering menudo in town and we are excited to help them continue to grow. Alexis Dachs represented the Tenant.
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8303 Parkway Dr. — La Mesa
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Location Matters recently facilitated a 10-year lease between the Landlord and Qdoba, a 700+ unit national Mexican restaurant chain, for a prime drive thru location in La Mesa. We exclusively marketed this 18,295 square foot parcel as a ground lease with the intention of a tenant converting the parcel to a drive thru. The location fit Qdoba’s criteria swimmingly and they plan to construct a 1,050 square foot restaurant on the lot with drive thru access from Parkway Drive. David S. Cutler represented the Landlord.
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3946 5th Ave. — Hillcrest
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We are excited to announce that 3946 Fifth Ave. has been leased to Salon Ink! The salon will be taking over 6,301 square feet of retail space that previously housed Urban Outfitters. The open floor plan and unique architecture with exposed wood ceilings, original brick walls, skylights and large windows will serve as an ideal space for the Salon Ink team. We were happy to help Paragon Real Estate lease their 5th Avenue property and are eager to see their new tenant prosper. Alexis Dachs and Marc Karren represented the Landlord.
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Lefty's Famous Cheesesteaks Hoagies & Grill — Gaslamp
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Gaslamp Quarter is getting a new craveable concept on Fifth Avenue. Lefty's Famous Cheesesteaks Hoagies & Grill was founded in 2012 in Michigan and has since grown into an over 30+ location franchise. The former Burger Lounge space on Fifth Avenue will be the perfect location for the group to make their name known in San Diego. Lefty’s will be serving up their juicy cheesesteaks, burgers, corned beef specials, wings and more out of 2,300 square feet in the heart of Gaslamp and we cannot wait to see them crush it. Mike Spilky represented the Tenant.
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Main Chick Hot Chicken — Linda Vista
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Main Chick Hot Chicken is open and rockin' out of their second San Diego location at Arrive Mission Valley. This 1,266 square foot space is the perfect location to continue to grow their name in SD. Main Chick's specialty is mouthwatering hot chicken, served in either a tender, leg, or sandwich form (you choose the spice level) paired with crinkle fries and their special MC sauce. Alexis Dachs represented the Tenant.
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| With Covid limiting many of the opportunities for volunteer work in San Diego for over a year, it felt great to finally be able to give back again. We worked with PATH San Diego to organize food inventory and serve meals to their residents. PATH works to provide a variety of services for those experiencing homelessness including outreach, housing navigation, interim housing, rapid rehousing, and permanent supportive housing. We felt fortunate to help PATH in their endeavor to provide a one-stop service center for the homeless of San Diego. |
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| Darden Restaurants CEO says speculation is driving up real estate prices |
Darden Restaurants isn't seeing many deals on real estate right now despite the high number of permanent restaurant closures from the pandemic.
Read more →
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| The Long Term Effects of the Restaurant Industry's Labor Shortage We Aren't Thinking About |
The benefits restaurants are offering to attract more job candidates will have a ripple effect that will change the industry permanently.
Read more →
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Location Matters
8910 University Center Lane, Suite 400, San Diego, CA 92122
(858) 792-5521
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