Livermore Ice Cream Shop CREAM Closes

The ice cream shop has been under a bit of transition lately that looks like it is resulting in shutters! Located at 2375 Railroad Avenue, they recently changed their name from CREAM to Livermore Ice Cream Shop in the last few months and now has closed with a note posted on the door as of May 8, 2017!

Please contact me at (925) 737-4168 for more information/updates!

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La PanotiQ Opens in Downtown Livermore

The newest addition to the downtown line-up has officially opened! La PanotiQ is located the former Nestle Toll-house Cafe at 2470 First Street. The french style cafe has slowly expanded their collection of family operated restaurants, the original location being in Cambell. Other locations include San Francisco (Marina District and Noe Valley), Mountain View, and Berkeley to soon open.

To read more about La PanotiQ CLICK HEREDSC_0290

Joy China Restaurant Now Closed

As I alluded to last week, a restaurant closure was in the works on W. Angela Street in downtown Pleasanton. It looks as though many have now noticed the official closure of Joy China Cuisine at 30 W. Angela. The space may not be one that has stood-out at iPleasanton downtown signn the past, located just behind 350 Main Street near Yogafina, directly across the street from Cocina Mexico. Look for a new pizzeria to begin construction soon.

San Ramon Sees Rare Restaurant Vacancies

jacksbrewingsanramonJack’s Brewing Company has officially closed their doors at 2410 San Ramon Valley Road. The Courtyard Center is located near the Crow Canyon exit on the west side of San Ramon, this closure marks the second turnover in five years. You may remember this was the longtime home of Bighorn Grill prior to Jack’s. The space is 4,500 square feet, plus outside patio. Side note, Tri-Valley Bank has also vacated this property recently.

Max’s has been vacant at the corner at Crow Canyon and Crow Canyon Place (Magnolia Square Shopping Center) for months and it is rumored the landlord is very close to finalizing a deal.

The other longtime vacancy is at Gale Ranch on Bollinger Canyon, the former Maui Burger and former Fat Cactus. This space is 3,500 square feet.

Kilohana Grill which was located in the Market Place on Bollinger has also closed. You might remember this spot located in the Orchard Supply Store parking lot, adjacent from Firehouse. New signs in the window indicate it has been leased to Shish Mediterranean Cuisine. The advertisements offers an “alternative to fast food”.

Pleasanton Continues to See Shifting Restaurant Scene

Coming Soon Green Road Sign with Copy Room Over The Dramatic Clouds and Sky.
As reported in my last post, Pastime Plaza will be bringing a new dining destination in addition to Downtown’s first Starbuck’s, but that is just the start of the shifting restaurant scene.

Rumor has it a new pizza restaurant will be opening on W. Angela Street. The exact location and business name have not been released but the whisperings are that it is an established business growing into the East Bay, think high-end pizza.

There is also a new breakfast/lunch spot opening in the former Zorn’s space on Hopyard Road and Valley Avenue. The new eatery is a long time South Bay favorite, Bill’s Cafe.

Round Table Pizza, Vitality Bowl’s, and Jersey Mike’s have also joined the line-up at Bernal Plaza, just across from the Safeway anchored Pleasanton Gateway Center.

With all the new there is bound to be a few closures and ownership changes. A number of restaurants are quietly being offered for sale at the moment. Due to confidentiality reasons, please contact me directly if you are looking for restaurant space jmauser@lee-associates.com or 925.737.4168

Pastime Plaza, a Downtown Pleasanton Redevelopment Story

Sotheby’s International Realty to open Pleasanton office | October 10, 2014 | Pleasanton Weekly | PleasantonWeekly.com |.

Have you been wondering what will replace the former Pastime Pool at 511 Main Street? Starbuck’s will be taking a portion of the ground floor retail space. This will be one of the few “Evening” concepts, serving wine, beer, and a variety of small bites after 4pm. In addition, Sabio on Main, a tapas restaurant will also be joining the line-up. Sabio’s menu will focus on small plates in addition to offering a full bar and extensive wine list.

The second floor will consist of Sotheby’s International Realty. You can read move about the developments on Pleasanton Weekly.

 

Moraga Barn Bar Building For Sale

You might be curious why the Moraga Barn is the feature of the blog today, but I promise to keep this short and interesting. Located at 925 Country Club Drive, this adorable building has been in use since 1933 as a bar (built in 1913) which I can only surmise as a local institution. Back in 2008 the building under went a complete renovation and was completed as LEED Platinum. This historic property has been outfitted with solar roof tiles, radiant in floor heating, and underground water receptacles to collect rain water making it a lean and green power machine. There are very few buildings in the East Bay that meet LEED Platinum standards and even more impressive that a historic building has been transformed to this certification while retaining its charm.

New buildings and those that undergo major renovations on a whole do incorporate LEED energy efficiencies and this is a trend that will continue. LEED designations once thought of as hip thing ten years back has become a necessity with climate change becoming a hot button issue, especially in Washington D.C..But I digress…

The Moraga Bar is a great piece of real estate with historic charm and new world efficiencies. Having operated previously as a restaurant and bar, obtaining the permitting for a restaurant should be a viable option. At 3,325 square feet spread over two levels and a mezzanine, this is the perfect size for any small business. Given this info, I would rate this piece of property in my top five properties to open a restaurant in the Tri and Diablo Valley. Offered at $1,795,000 ($540 per square foot).

Curious of other properties on my top restaurant location list? Contact me via email jmauser@lee-associates.com or 925.737.4168

Tri-Valley Retail Market Continues to Burn

Exciting times if you work in the retail side of commercial real estate. We are seeing deals in all shapes and sizes, something we thought may never happen after the massacre of ’08… errr… I mean economic downturn. New development, old development, partially developed, the train is moving full steam ahead.

Vacancy is extremely low and prices have most certainly jumped by over 20% in most places and even closer to 30% in select pockets. Keep a finger on the mouse, more new posts to come, including some of the hot lease and sale opportunities currently on the market.

P.S. – I hope everyone has had a chance to discover Gotta Eatta Pita. They have two locations, Danville and Pleasant Hill with a location coming soon in Pleasanton near Hopyard and Owens Drive. I am in no way affiliated with the company they are just my favorite new quick serve restaurant. I promise you will not be disappointed!

 

San Ramon Getting Closer to New Downtown Development

As reported in the Sf Business Times, architect Renzo Piano will be part of the creative team designing Sunset Developments mixed-use retail project that will be the epicenter of San Ramon. The downtown project is being called City Center.

Sunset Development is a visionary, their plans to create a downtown destination with top-notch shopping, dining, and entertainment has been in the works for over a decade. When the economy took a hit the plans went on hold but were never shelved. It is no surprise the project is full steam ahead given the success new developments such as Fallon Gateway in Dublin (Phase I sold out and phase II well on its way to selling out). Not to mention, San Ramon grew by leaps and bounds pre-recession, with very little supporting retail. San Ramon stands as the first community within the Tri-Valley to see vacancy rates of the office park drop to single digits. Pleasanton’s Hacienda Business Park is still working to achieve these types of numbers.

“Plans for City Center call for retail, housing and hotel. Piano will design the first phase comprised of 350,000 square feet of retail including a movie theater, restaurants, and shops.” SF Biz Times, Blanca Torres.

Renzo Piano is known world wide for his excellence in design. He was the force behind the California Academy of Sciences in San Francisco. City Center goes before Planning Commission in mid-June with a first phase expected opening date in 2016.

Click here for Biz Times article

Restaurant Closures in the East Bay

January always lends to a couple of restaurant closures. Operators of struggling establishments will get through December, traditionally a great money making month, and close in January, just before the slow season begins. This year was no exception.

The two largest closures include Max’s Diner in San Ramon and Mama Rosa Pizza and Pasta in Pleasanton. Both high traffic locations with great visibility. A third closure was The Cove, a newer restaurant located in the Bernal Plaza just across from the street from the new Safeway Center on Bernal and Valley Avenue. You might remember this used to be Rage Burger previously.

According to an article written by the local Patch.com, the operator of Max’s in San Ramon blamed the high rent for the closure. The space is large by typical restaurant standards at 6,500 square feet. The space is being marketed for lease at the moment with a number of suitors showing interest but no deal on the table as of yet. The asking rent, a staggering $31,000 per month when you add the base rent and triple net expenses.

Magnolia aerial

The space located at Bernal Plaza in Pleasanton has already been leased. The quick turn around is due in part to both a smaller size space (2,900 square feet) and lower lease rate because of the class “B” location. Look for a new sushi restaurant to open in this location.

bernal plaza

Commercial rents are no doubt on the rise. Supporting comparable deals in the market include the recently completed lease in the former Macaroni Grill at Dublin Hacienda. With over seven offers on the building  competition is steep for prime locations with restaurant infrastructure.

Goodbye Toll House, Hello C.R.E.A.M Cookies and Ice Cream!

Creamlogo

Are you one of the hundreds of people that crave ice cream sandwiches from Cream every day? Tired of driving to Berkeley or Walnut Creek to get your fix? You’re in luck! Cream has officially signed a lease in downtown Livermore!

Cream, which stands as “Cookies Rule Everything Around Me” is Bay Area concept that has caught fire. They specialize in all natural gourmet ice cream sandwiches and best yet, they are affordable at around $3 each.

The new location will be next to the 13-screen movie theater and Bankhead Performing Arts Theatre at 2375 Railroad Avenue in the Livermore Valley Plaza. The location is ideal, just across from the free city parking garage and on the way to all the major attractions. Cream is anticipating a February opening date.

Nestle Toll House Cafe closed at the end of October leaving behind 1,800 square feet of prime real estate on First Street. That space is now for lease. Contact Jessica for more information jmauser@lee-associates.com or 925.737.4168.

DSC_0290

Until recently Livermore Valley Plaza lacked excitement and had many vacant spaces. Over the past 18 months we have seen the center become near completely full and the epicenter of downtown shifted to this area. Establishments such as Sauced BBQ & Spirits, Patxi’s Pizza, and The Last Word (coming soon) are among the new line-up.

 

 

Sideboard Restaurant In Danville Plans For Relocation

The Danville Hotel has long been slated for redevelopment, thus the various businesses located within the project have slowly made their way to new locations. The final business to leave will be Sideboard Restaurant who is rumored to have signed a lease after months of searching.

Sideboard’s is said to have signed a lease at 90 Railroad Avenue, just across the street from the Trader Joe’s shopping center. You might remember this little grey building used to be an old house and was recently redeveloped into a two building project. I have heard the new digs includes a nice big patio area.

Congrats to Sideboard and let the construction begin at Danville Hotel!

Danville hotel

 

HOT! HOT! HOT! Downtown Livermore FULLY BUILT RESTAURANT For Sale or Lease. UPDATED

The Storefront is bringing it to you first! If you are looking for a fully built out restaurant space in downtown Livermore then you need to contact me NOW. There is a free-standing building with parking in the downtown core, complete with restaurant fixtures, furniture, and equipment coming available tomorrow. The building is being offered for sale or lease.

Of course this also means a restaurant is closing…

Need more details? Contact Jessica at 925.737.4168 or jmauser@lee-associates.com

UPDATE:

As many have already found out by means of the Patch and other sources, the beloved Harry’s Hofbrau (The Carvery) is the restaurant that has closed their doors. The Carvery served patrons for five years in downtown Livermore and surely will be missed.

The Crown Closes in Downtown Danville

The Crown, a restaurant and pub in downtown Danville closed their doors in September after a thirteen year tenure. The space is a prime location, in the center of downtown at 331 Hartz Avenue. Don’t look for the space to be vacant long, the building has been purchased by the owners of the very popular Esin Restaurant and Bar. The new owners plan to operate a second location, Esin Bistro in the space.

If you are looking to get your Crown fix, head to Red Coats in Pleasanton. This is the sister establishment to The Crown.