Matthews™ Named Exclusive Tenant Rep for Japanese BBQ Restaurant Gyu-Kaku in U.S. Expansion
LOS ANGELES--(BUSINESS WIRE)--Apr 22, 2019--Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate company, has been hired as the exclusive national broker for REINS International (USA) dba Gyu-Kaku, and secured three new locations nationally for Gyu-Kaku, consisting of over 16,255 square feet of commercial space. Spearheading the location strategy are Michael Pakravan, SVP & National Director of Retail Leasing of Matthews™ and Nick Day, a Tenant Rep Associate for Matthews™.
“We are excited to announce this collaborative effort with Matthews as we continue the national expansion of the Gyu-Kaku brand,” said REINS International Chief Operations Officer Aki Yamaguchi. “We are confident with Matthews’ knowledge, expertise and strategic focus, Gyu-Kaku is in the right hands to help achieve our growth objectives.”
Founded in 1987 and headquartered in Japan, Gyu-Kaku, means “Horn of the Bull” in Japanese. Gyu- Kaku provides the authentic Japanese yakiniku (grilled barbecue) dining experience where customers share premium cooked meats over a flaming charcoal grill, while sipping on Japanese sake and frosty cold beers.
With 53 U.S. locations currently open, Matthews™ recently secured the following Gyu-Kaku locations:
Santa Monica, CA
231 Arizona Ave will be the company’s new west coast flagship location. The property is situated at the North West corner of 3rd St and Arizona Ave, the 50-yard line of 3rd St Promenade and features over 45 feet of frontage along the Promenade. This location will also feature a wrap around patio along 3 rd St and Arizona.
This new location at 650 Stonewall St. is housed in a mixed-use project built by Proffitt Dixon Partners. Located along the active Stonewall corridor in Charlotte, NC, this six-story community features 302 units with premium amenities and 11,400 square feet of ground-floor retail.
San Francisco, CA
855 Howard Street is a three-story commercial building, with Gyu-Kaku occupying the ground floor & basement, and the top floor featuring office space. Situated in the heart of the vibrant SoMa district near Union Square, the site is located adjacent to Moscone West Convention Center and just a short walk to destinations like the Yerba Buena Gardens, the San Francisco Museum of Modern Art, San Fran’s nine story Westfield mall, and Union Square shops and restaurants.
As an industry expert, Michael Pakravan has previously advised multiple brands with their retail expansion efforts. “Gyu-Kaku is revitalizing their brand to fit a world where the culinary experience is heavily celebrated through platforms like social media and providing its customers with a tableside culinary journey,” said Pakravan. “As a tenant, Gyu-Kaku encompasses everything a landlord desires including a tremendous track record, modern buildout, and a unique dining experience.”
Scheduled to open in 2019, these new locations in California and North Carolina mark a substantial push in Gyu-Kaku’s national business growth in the United States and will feature Gyu-Kaku’s new prototype store design, which was recently revealed at their new Lakeview Chicago location.
“We’re fortunate to work with a brand with a perfect track record in the U.S., and an even bigger international presence,” said Nick Day. “Gyu-Kaku has done an excellent job in creating experiential dining that appeals to all demographics and leveraging landlord motivation. This is a well-oiled machine that is effective, efficient, and like no other.”
Gyu-Kaku is seeking more locations around the U.S. in Orlando, Atlanta, Denver, Seattle, Waikiki, Austin, San Diego, Minneapolis, Scottsdale, Raleigh, Washington DC, Boston, Houston, Mountain View, Palo Alto, Long Beach, San Jose, Berkeley, and San Francisco.
Matthews™ represents top tenants like Jersey Mikes, Silverlake Ramen, Doghaus, Hummus and Pita, Nekter Juice, and Yoshinoya to name a few. For tenant requirements or more information regarding this opportunity, please reach out to Michael Pakravan or Nick Day.
Matthews Real Estate Investment Services™ is recognized as an industry leader in Shopping Centers, STNL, Multifamily, Leasing, Management, Portfolio Disposition and 1031 Exchange programs. The firm is headquartered in El Segundo, CA and serves clients throughout the United States and Canada. For more information, please visit www.matthews.com
View source version on businesswire.com:https://www.businesswire.com/news/home/20190422005138/en/
CONTACT: Cat Ray
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: RESTAURANT/BAR SMALL BUSINESS PROFESSIONAL SERVICES FINANCE RETAIL FOOD/BEVERAGE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY
SOURCE: Matthews Real Estate Investment Services
Copyright Business Wire 2019.
PUB: 04/22/2019 01:00 PM/DISC: 04/22/2019 01:00 PM