cityretail

The Other Side, II

In General on March 27, 2011 at 10:32 pm

One of my favorite posts from last year was “The Other Side,” wherein I wrote about the topic of (and challenges with) working for tenants versus landlords.  In keeping with CityRetail’s entrepreneurial and experimental nature, it’s time to act on the above contemplations — now feels as good a time as ever to roll out several new projects with a select group of tenants.  Here’s our nonnegotiable checklist when evaluating tenant clients: (i) top-notch experience? (ii) proper financing? (iii) passion/entrepreneurship? (iv) good people? and (v) non-competitive with other assignments (i.e. we don’t want two clients with substantially similar space/location requirements)?

Given the above and our comfort working with restaurants, you wont be surprised that our first cluster of clients are as follows:

  1. Toro Restaurant, chef/owners Ken Oringer and Jamie Bissonnette.  What Ken and Jamie have done at Toro (and Coppa) is incredible and I don’t need to say anything more to promote these guys than what the rest of the culinary world has already said.
  2. Chef Steve “Nookie” Postal.  Executive Chef, Boston Red Sox.  Nookie brings to the table a really unique experience from his time with the Red Sox, where his team revamped Fenway’s premier food service dept. His restaurant will be quite different from Fenway Park though; it will be an intimate, chef driven, farm-to-table neighborhood establishment.
  3. Chef Daniel Bojorquez.  Executive Chef, Sel de la Terre. While Daniel has close to a decade’s worth of training at Boston’s flagship french restaurant, L’Espalier (most recently running sister restaurant Sel de la Terre in Natick), he’ll switch gears to a rustic neighborhood spot more in-line with the food he grew up cooking and eating in Northern Mexico.

I’m really excited about these three projects. They comprise a nice diversity of chefs with a range of experiences, accolades, concepts and requirements.

I strongly believe leveraging our last 3 years of work finding top-notch restauranteurs o/b/o some of the areas biggest LLs to now being engaged on “the other side” is a natural next step for CityRetail and an area wherein we can do some really fun and powerful work.

Stay tuned for more updates and shoot me a note at jesse@cityretail.com with any thoughts about the above or questions re: these three assignments and related requirements.

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