DANVILLE, Calif. – September 13, 2018 – A well located, high identity retail/restaurant property in downtown Danville, California located at 501 Hartz Ave. at Church St. has sold for $2.45 million. Cameron Baird of Cushman & Wakefield arranged the off-market acquisition of both the building and the business that was known as Basil Leaf Café for the buyer, Darren Matte, the owner of the acclaimed Per Diem in San Francisco and Harvest restaurant in Danville. The business was sold separately from the property. The seller was Genesis Holdings LLC and HJB Restaurant Group Inc., which was self-represented in the negotiations.
Mr. Baird said, “Mr. Matte is an active member of the Alamo/Danville community and saw an opportunity to offer a greater selection of great food and hospitality to his neighbors and downtown shoppers. He will rebrand and remodel the location which will be named Cocina Hermanas after his three daughters.”
Mr. Matte’s future Mexican cuisine establishment will marry well-known Mexican street food and family dishes with a philosophy of fresh, local and sustainable ingredients. A new bar stretching the front of the restaurant will also provide diners with an extensive selection of mescals, tequilas and specialty cocktails to complement their dining experience.
An expected opening for Cocina Hermanas is scheduled for mid November.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.