For those who can’t wait for winter to leave, State Street has a new spring in its step even though many spaces still are unoccupied, but some are being filled.
Commercial real estate broker Natalie Wagner writes in her first 2019 newsletter that, “The Public Market is filling up with two concepts that couldn’t be more opposite: 100 percent vegan restaurant Fala Bar is expected to open in March next to Ca’Dario Pizzeria, and SoulCal Smokehouse is now open in the rear space formerly occupied by Belcampo Meat Co.”
Wagner also notes, “Around the corner, Celadon House, is expanding from its longtime home at 1220 State St. into 3,350 square feet at 1224 State St. Right between those two spaces at 1222 State St., Mangione’s Italian Ice Cream will be taking over the old Spoon space.”
Wagner writes further, “On the lower end of State, knickknack store Random has found a new home at 427 State St. (previously Midnite Sun) and Institution Ale has finally opened at 516 State St. See my State Street Update for more info.”
The office sector is breathing life into the commitment to downtown with some notable expansions, Wagner writes. “Invoca, which provides artificial intelligence-powered call tracking and analytics for marketers, is expanding into the 27,773-square-foot Sonos building at 419 State St.” Sonos has consolidated into its other downtown locations, one is on Chapala Street.
Well Health, Inc., which provides a platform for patients to communicate with health-care organizations, will be back-filling the 14,746-square-foot space vacated by Invoca at 1025 Chapala St., Wagner writes.
In the downtown Theater District, 7 E. Anapamu St., Smithy Restaurant + Bar has hit the market for $5.4 million, Wagner writes. The property last sold in 2015.
Two new retail spaces have come available for lease: 1,730 square feet in eyesight of Nordstrom at 11 W. Canon Perdido St., and the ever-changing 2,445 square foot restaurant space at 28 W. Victoria St., formerly the Nugget and most recently Locavore, Wagner writes.