Berkeley continues to be a vibrant community. The fact that a bunch of new eateries opening or soon to open attests to that fact. The following article was taken from the SF Business Times and written by Sarah Duxbury can be read at their site as well. The link is at the bottom of ths post.
Restaurant tenants are feeding Berkeley’s retail real estate market.
A host of new restaurateurs have signed leases to open in different corners of the city, each seeing a different opportunity even as an economic recovery remains uncertain.
“In this marketplace, the one tenancy we are seeing expand is food service,” said John Gordon of Gordon Commercial Real Estate. Gordon is fielding several food service inquiries every day, he said.
Jennifer Millar, owner of Sweet Adeline’s Bakeshop, scored six months free rent to open the 75-seat Addie’s Pizza Pie in the former Spud’s Pizza in South Berkeley. Her partner on that project is Thomas Schnetz of Flora and Dona Tomas, both in Oakland. The restaurant, which will serve New York-style pizzas and egg custards, should open by late spring.
In August, Anja Voth will open a German bakery restaurant in the old Metro Lighting space on San Pablo Avenue in West Berkeley. She said it will recreate traditional North German recipes with local, seasonal ingredients, “pretty much like my grandmother used to make.” Voth said she had been seeking a space for nearly two years.
Amy Murray from Venus Restaurant has bought the vacant Downtown Restaurant, and plans to remodel and open an 80-plus-seat restaurant called Revival Bar and Kitchen by summer. It sought a bigger space because Venus, with just 44 seats, couldn’t keep up with demand. It will remain open once Revival arrives.
Christian Geideman will open the East Bay’s first “izakaya” restaurant — sort of a pub-tapas bar that specializes in grilled meats. Sometime around April the Japanese-trained chef will open his 50-seat restaurant in 1,800 square feet custom built by Zen master and carpenter Paul Driscoe.
“This is decidedly not sushi,” said Patrick Kennedy of Panoramic Interests, and his landlord. “Basically, this is Japanese food for carnivores.”
Gordo Taqueria has signed a lease to open its fifth Bay Area location on Telegraph; Pinkberry will move in next door.
These new deals build on the success of recent entrants.
Gather opened in the David Brower Center less than two months ago and has been an instant success. A 28-seat prix-fixe fine dining restaurant called eVe opened on University Avenue in December.
“It seems like the energy’s there. You hear about smaller restaurateurs, newbies and folks with one or two restaurants, out poking around,” said Steve Smith, a broker with Norheim and Yost. “It may be that with the turn in the market and in the process of bottoming out, there are opportunities for them to seize.”
http://www.bizjournals.com/sanfrancisco/stories/2010/03/15/story6.html?b=1268625600^3020201&s=industry&i=commercial_real_estate
For more information about Buying or selling a home in Berkeley or other parts of the East Bay please visit my website http://www.billfletcherhomes.com/. Or feel free to call or email me, bill@billfletcherhomes.com, for a home valuation or other real estate related needs.
No comments:
Post a Comment