309 replies to this topic

[baltimore?]

I'm no expert, but I don't think the write-offs could possibly be more advantageous than rent.

I know a lot of landlords, and I don't know a single one who'd prefer write-offs to cash in his pocket.

It is puzzling to me, however, when I hear business owners tell me that they can't afford their places and that the landlords refuse to negotiate, and then the place ends up empty.

I understand that, but "cash in his pocket" for how long? I also do not understand what they are waiting for. The complex where Curry Club is located is dying...only the body hasn't received the message yet. I think it would make more sense for these goombah landlords to be getting $1500 per month for the old Taco Del Mar location (been vacant for like 2 years) and $3000 for the old Heart of Europe location than nothing at all.

Maybe they can show their mortgage holders that they have no income, thereby allowing them to hold off on payments....I don't know, nor do I pretend to be an expert, but there has to be some explanation to the ridiculous rents yet overwhelming vacancy in these centers.

[olivia]

Mind Over Matter Toys is closing for good and clearing out.

Unfortunately, it's true. I spoke w/ the owner this am.. The economy has taken another business (after almost 20 yrs of business). If you can try to get to the store on Bidwell and make a purchase to help liquidate the current merchandise. It will be much appreciated.

[eVader]

Along the lines of rent\lease rates, Davburr and I have talked about this a few times especially after the closing of Express Gourmet, GoodFellas, Rey del Sol and others.

Why are there so many For Lease, Available signs in buildings and yet they build more and more? Yes its the economy or troubled business, but from a non business owner, doesn't it make sense to offer incentives to new tenants and work with existing tenants to keep it occupied?

[4thgenFolsomite]

Why are there so many For Lease, Available signs in buildings and yet they build more and more? Yes its the economy or troubled business, but from a non business owner, doesn't it make sense to offer incentives to new tenants and work with existing tenants to keep it occupied?

there aren't so many people building commercial now. Palladio is about it. And I think nearly all property owners/managers are definately offering incentives and working wtih existing tenants right now. if they aren't, their hands must be tied by a bank or lender.

[EDF]

I noticed that place called ABBAR... did I spell it right...? next to the WFB in the new Raley's center at Blue Ravine and Natomas... has got some action... if I wasn't in a rush I would have gotten out of the car and done a "wass up"....

Anyone else know..."wass up"...?

[carnivore]

Yes it was formerly Ab's Bar named after Abby the owner. It is my understanding that one of the people involved with Mesquite? and Early Toast is trying? going to open a sports bar of sorts in that location.. We'll see what happens....

[eVader]

Yes it was formerly Ab's Bar named after Abby the owner. It is my understanding that one of the people involved with Mesquite? and Early Toast is trying? going to open a sports bar of sorts in that location.. We'll see what happens....

Wow that family or group must be doing well because I believe Early Toast and Mexquite are owned by the same people.

Wonder if the overly dark window tinting negatively affects business though. Tough to tell when some of those businesses are open or closed up. The Ravine wasnt inviting...always dark but only went after seeing positive reviews here.

[california girl]

Went to Peach Pit tonight and they are closed. No sign on the door, but place was emptied out.

Too bad, that was the closest thing we had to Pinkberry or Red Mango.

[Steve Heard]

Wow that family or group must be doing well because I believe Early Toast and Mexquite are owned by the same people.

It's my understanding that Mario, one of the founders of Q'bole, left or sold his interest there and opened Mexquite, then sold his interest there and opened Early Toast. So now, each are owned by different people.

[eVader]

Went to Peach Pit tonight and they are closed. No sign on the door, but place was emptied out.

Too bad, that was the closest thing we had to Pinkberry or Red Mango.

Nooooooooooooooooooooooooo!!!!!!!!!!! Not happy because the past week I pass by there in the morning and make a mental note to get over there after lunch or on the way home for yummy adult yogurt.

[folsom4us]

Add The cookie shop and the mexican restaurant next to it. They are in the center where Kinkos and Wendys are.

[john]

I don't think the cookie shop closed... last time I went in she said business was pretty good. There was a sign saying she was taking a "must needed vacation".

[stacycam]

I don't think the cookie shop closed... last time I went in she said business was pretty good. There was a sign saying she was taking a "must needed vacation".

OMG! I hope you are right, John. I am FREAKING OUT! I LOOOOOVE those cookies!

[Anthony2173]

I stopped by the cookie shop on the way home last night. There is a sign in the window... they are closed.

[MrsTuffPaws]

I stopped by the cookie shop on the way home last night. There is a sign in the window... they are closed.

Ugh, that sucks. I've been wanting to use their coupon in clipper magazine for a free cookie to try.