LOS ALTOS, CA—Old Port Lobster Shack willoccupy one of the ground floor retail spaces in the newmulti-family community, Colonnade, according toSares Regis Group of Northern California (SGNRC).The authentic New England-style seafood restaurant leasedapproximately 2,800 square feet of corner space and will open insometime in early 2016. Old Port Lobster Shack joinsBarre3 and The Vitamin Shoppe inthe new community, with a 71% retail lease volume. RandolMackley and Steve Gazzera of SRS RealEstate Partners represented both parties in the transaction.

Jeff Smith, senior vice president at SRGNC,tells Globest.com: "Old Port Lobster Shack is a wonderful additionto Colonnade. Its lobster rolls are already a hit in locationsthroughout the Bay Area, and with the addition of a bar and outdoorseating, we feel the restaurant will become a mainstay of thecommunity.”

Developed by SRGNC and Pritzker Realty Group,Colonnade is a 167-unit luxury apartment community located at 4750El Camino Real near the intersection of San Antonio Road and ElCamino Real in Los Altos, CA. The community is conveniently locatednear Stanford University, retail conveniences atSan Antonio Center, Rengstorff Park,Mountain View Center for the Performing Arts andlocal restaurants. Mass transit is in close proximity via theMountain View VTA light rail, San Antonio Caltrainstation and the Stanford Marguerite shuttle.