Shopping Centers Today

APR 2018

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

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22 S C T / A P R I L 2 0 1 8 S T O R E F R O N T S well-managed facility in a safe neigh- borhood convenient to the District of Columbia and which would provide room to grow, parking on site and easy access to a Metro station. "at's a nearly impossible combi- nation in D.C.'s exploding real estate market," Kirk said. "While we were checking out other kitchens in D.C. and beyond, we realized that a lot of our fellow food truckers, caterers and food startups were in the same situa- tion: wanting to move out of less-de- sirable economy kitchens but unable to afford the rates of top-tier kitchens. We wanted to help ourselves and help our fellow entrepreneurs with a top-tier, well-managed and affordable kitchen." e couple came up with a cooperative vision. Enter Bethany Kazaba, CEO and managing principal of local leasing and brokerage firm Neighborhood Retail Group. "She somehow managed to find the perfect location with the right rent [and] good bones to build out our kitchen, plus metro access and big enough utility service for a large kitchen," Kirk said. "With a little creativity and by demolishing an old walkway, we were able to turn five parking spaces into 12." Tastemakers measures some 7,300 square feet on the main floor, with an additional 1,400 square feet of storage and office space in the mezzanine. e kitchen occupies nearly 5,000 square feet, with the remaining 2,300 square feet comprising the food hall, café- style seating, a full bar and a grab-and- go section. ere will soon be outdoor seating as well. "Rather than partition the space into individual kitchenettes for each food startup, we pursued the gym model of providing extra capacity in the equipment most likely to be used and keeping personal space restricted to storage racks or specialty equipment," Kirk said. "Most of the kitchen members don't have space in the food hall. So each food hall kiosk may or may not have a membership in our kitchen — most of our kitchen members have their own retail outlets, whether that be farmer's markets, food trucks or online/wholesale distri- bution. We've put large glass doors on two sides of the show kitchen [a self-contained kitchen where cooking classes, tastings and demonstrations are held], so that guests can see the cooking in that area." Currently, Tastemakers has 15 food businesses working out of the kitchen space (putting the kitchen at 65 percent capacity). All eight kiosks in the food hall are leased. When it came to choosing the vendors to feature in the space, Kirk says he and Juliann wanted to strike a balance: a coffee kiosk, a sweets-and-frozen- treats vendor, a bar and five savory vendors, with at least one breakfast provider and at least one being a late-night vendor. "To some extent, the kitchen and food hall will always THE TOP SOURCE FOR NET LEASE REAL ESTATE LISTINGS NNNEX is a marketplace to list or buy net-leased retail, office or industrial properties throughout the United States. Since its 2005 launch, NNNEX members have listed and sold more than $5 billion of net-leased real estate. NNNEX features a continuously growing pool of property listings added directly by sellers or brokers Offering a FREE STANDARD LISTING and FREE EMAIL CAMPAIGN to new users EMAIL us for your free promo codes: PROMOS@nnnex.com www.nnnex.com

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