PEBB Enterprises Announces 5,200-SF Restaurant Row Lease in Boca Raton, FL with Acclaimed Chef Pushkar Marathe’s Stage Kitchen & Bar

 

Pushkar Marathe 

BOCA RATON, FL–– PEBB Enterprises, the entrepreneurial private real estate investment company, successfully leased the final space at its Restaurant Row development in PEBB’s home base of Boca Raton.

    

                         Anna Woodman

Renowned chef and restaurateur Pushkar Marathe will expand his Stage Kitchen & Bar concept to Restaurant Row.

Pronounced “staahj,” in a nod to the title given to culinary interns who gain experience in different kitchens across the globe, Stage Kitchen & Bar leased 5,200 square feet at Restaurant Row.

Ian Weiner

It expects to open to customers by the end of 2024. The New American restaurant, which provides an integrated, small-plates experience inspired by diverse culinary influences from around the world, has an existing location in Palm Beach Gardens.

Andy Dugard 

Stage Kitchen & Bar joins Fabio Trabocchi’s Fiolina Pasta House, Pubbelly Sushi and El Camino as Restaurant Row’s tenants. Fiolina and El Camino opened in late 2023, and Pubbelly is scheduled to open this summer.

Chris Haass

“We are thrilled to finalize our lease with Chef Pushkar Marathe’s Stage Kitchen & Bar concept to round out the incredible roster at Restaurant Row,” PEBB Enterprises President and CEO Ian Weiner said.

“We accomplished our mission to elevate the quality of dining options in the city we call home. The end result is four distinct and complementary concepts with passionate followings.”

       Stage Dining Room, Restaurant Row, Boca Raton, FL

  
Born in Nagpur, India, Marathe’s culinary roots originate in the rich flavors of his homeland. At 20, he began his culinary training in Switzerland before embarking on a decades-long exploration of international cuisine. Marathe gathered knowledge and inspiration from the far east of India to the western edge of California.

In 2020, Marathe and partner Andy Dugard opened Stage Kitchen & Bar in Palm Beach Gardens. The restaurant was recognized by USA Today’s Best Restaurants of 2024. In 2023, Marathe was nominated “Best Chef: South” semifinalist by the James Beard Foundation.

Restaurant Row, Boca Raton, FL

The Restaurant Row location “will have the beautiful fingerprint of our designer, Anna Woodman, and our flavor-forward, globally influenced cuisine,” Marathe said.

Chris Haass of Cohen Commercial represented the tenant in the lease.

 

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First National Realty Partners Acquires Pennsylvania Retail Property

 

Matt Annibale

Horsham, PA -- First National Realty Partners (FNRP), a leading national private equity firm specializing in commercial real estate, announced the acquisition of Elements Horsham, a 50,353-square-foot shopping center in Horsham, Pennsylvania.

James Galbally

This strategic acquisition strengthens FNRP's presence in the Commonwealth and continues its growth in the open-air retail sector.

 

"We're excited to welcome Elements Horsham to our growing portfolio," said Matt Annibale, senior director of acquisitions. "This high-performing center aligns perfectly with our strategy, offering a diverse, upscale tenant mix in a prime location within a thriving submarket of Philadelphia."

Boasting a 94% occupancy rate, Elements Horsham features a wide selection of essential daily needs tenants including dining establishments, professional services, and medical providers.

 Patrick Higgins

A high-traffic Starbucks anchors one corner, while MaGerk's, a regional upscale eatery, occupies the other end. The center also features Aqua-Tots Swim School, TruMark Financial, Charles Schwab, and a variety of healthcare professionals.

"The presence of these established and growing businesses highlights the strong demand for Elements Horsham's diverse offerings," Annibale said. "We're confident this acquisition will continue to benefit from the strength of the trade area."

The center is situated in an affluent suburb of Philadelphia within a dense trade area that features extremely high retail occupancy and strong barriers to new development. 

Chris Munley

Within a 5-mile radius of the property, the population exceeds 200,000 people with an average household income of $150,000, about twice the national median.

James Galbally, Patrick Higgins, Chris Munley, and Colin Behr represented the seller in this transaction.

FNRP provides accredited investors with access to institutional quality commercial real estate assets specializing in necessity-based real estate: grocery-anchored retail, multifamily, and industrial and sourcing opportunities both on and off-market nationwide.

 

Colin Behr

 From acquisition to disposition, FNRP oversees the entire investment lifecycle 100% in-house, leveraging top talent in legal, acquisitions, leasing, and other key areas. For more information, visit www.fnrpusa.com.

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Jessica Shein

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JLL selected to handle leasing of 17,052 SF of retail space on a 49-acre residential and retail mixed-use development at the Terraces at Walnut in Walnut, CA

 

Robert Wishner

 LOS ANGELES, CA – Looking to satisfy growth in the area, JLL announced that Sunjoint Development has started construction on the Terraces at Walnut, a 49-acre mixed use development located on Valley Boulevard in Walnut, California.  

Blake Kaplan

Construction of the first product type, single family two-story, began in November of 2023 and the first five phases are currently being made available for sale.  

The remaining homes will be built in phases: Townhomes, single family three-story and estate lots. Full buildout is anticipated for the end of 2025.

 

Designed by premier architecture firm KTGY with their own in-house building team under CBC Home serving as the contractor, Terraces at Walnut project will feature 79 townhomes, 211 detached single-family homes and 17,052 square feet of retail space. 

Erik Westedt 

The three-bedroom and four-bedroom townhomes will range from 1,548 to 1,914 square feet.  The single-family homes will encompass three or four bedrooms ranging from 2,198 to 3,561 square feet.  

 

The retail space at the Terraces at Walnut can accommodate varying food users, including dine-in restaurants. Additional shop space is set aside to be occupied by specialty retailers and beverage users. 

 In addition to being the City of Walnut’s only gated community the Terraces at Walnut offers residents 11 pocket parks, an internal trail system, and breath-taking views.

 

“With the continued growth of the suburbs in Los Angeles, the city of Walnut has embraced change, expansion, residents and businesses,” said Robert Wishner, CEO of Sunjoint Development.  "The Terraces at Walnut will be the perfect addition to the region by providing much needed housing, restaurants and retail.”

 Drew Olson 

JLL’s Blake Kaplan, Erik Westedt and Drew Olson are overseeing the leasing of the retail space. 

 

“The city of Walnut continues to see tremendous residential and business growth, becoming one of the premier submarket in Los Angeles,” said Kaplan, JLL Managing Director.  

“We will work to identify the best restaurants and retailers with a goal of creating a place for the community to shop, sit, and stay.”

 

The Terraces at Walnut is ideally located in the City of Walnut on the Eastern corridor of the San Gabriel Valley between the San Jose Hills mountain range to the north and Puente Hills to the south.

 

The area is adjacent to Diamond Bar, Pomona, City of Industry and West Covina. Walnut is a relatively affluent suburb with a median income of $110,441, 66.6 percent higher than the median Los Angeles income.

 

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David Ebeling

Ebeling Communications

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949.278.7851 (Cell)

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Non-profit acquires 6,743 SF office building in Hollywood, CA for $5.37 million

 

Nicole Mihalka

LOS ANGELES, CA –JLL announced Los Angeles Beautification Team, a non-profit dedicated to resource conversation and community improvement, has sold its 6,743-square-foot office building on an 18,000 square foot lot, located at 1741 N. Cherokee Avenue in Hollywood, California for $5,375 million.

 Cal Ross

The buyer was Big Sunday, a non-profit committed to helping others through service projects and giving opportunities.  Big Sunday will use the building for its headquarters.  Move-in is scheduled for April of this year.

 

JLL’s Nicole Mihalka and Cal Ross, along with the Kenny Stevens team at Compass represented Los Angeles Beautification Team.  Even though the price of the property exceeded $5 million, the sale was not subject to the region’s new ULA tax (aka “the mansion tax”) because of the seller’s non-profit status.

Kenny Stevens

“As our service area grew and the demand for our community improvement services increased, we had outgrown our facility in Hollywood,” said Sharyn Romano, CEO, Los Angeles Beautification Team

 

"When we decided to sell, we were thrilled to receive multiple offers and select Big Sunday, another non-profit doing great work in this community. 

 

 “Hollywood is still our home with our administrative and field office hub remaining on Cherokee Avenue, along with an expanded nursery operation located in the San Fernando Valley.”

David Levinson

“Over the past several years we have experienced tremendous growth thanks to our volunteers and generous contributions,” said David Levinson, Founder and Executive Director, Big Sunday.  “This building is the perfect fit for us as we continue our mission of connecting people through helping.”

SOLD: for $5,375 million, this 6,743-SF
 office building on an 18,000 SF lot,
 located at 1741 North Cherokee
Avenue in Hollywood, CA

Built in 2012, 1741 N. Cherokee Avenue was designed by the renowned architects Gruen Associates.  The building boasts up to 18-foot ceiling heights with multiple offices and a large training room. It also features a spacious 7,000-square-foot landscaped outdoor green space.

 

CONTACT:

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association

 of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

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