I know this isn’t directly related to real estate but I found it interesting and it will have some impact on retail commercial real estate in San Diego and many other parts of the country. Here is a list of Starbucks in San Diego County that are going to close. Is this a sign of a recession? Don’t you get tired of all the media talking about the possibility of a recession? Lets face it, were in a very bad economic time and the closing of 600 Starbucks is a good example of people thinking twice about spending $5 a day on coffee. I guess it’s back to the instant coffee for a while!
Even as much as I love going to Starbucks (occasionally) I found that the number of Starbucks you would find in some areas was a little bit of an over kill. I live in Downtown San Diego and 4 of the Starbucks closing on this list are in the downtown San Diego area. I can think of 11 locations in about a 16 block radius in the downtown San Diego area.
Below you will find the list of Starbucks closing in San Diego. Starbucks will manage to survive and do just fine as we get past this bad economic time but it is interesting to see how so many people are cutting out expenses like this.
6556 3RD & H ST 3037 H ST CHULA VISTA CA
11223 OTAY RANCH TOWN CENTER 2015 BIRCH RD CHULA VISTA CA
551 MIRA MESA 9450 MIRA MESA BLVD SAN DIEGO CA
5637 MISSION GORGE RD 6171 MISSION GORGE SAN DIEGO CA
6514 1ST & MARKET 101 MARKET ST SAN DIEGO CA
6592 COLLEGE & LINDO PESSO 5131 COLLEGE AVE SAN DIEGO CA
6726 EUCLID AVE & FEDERAL BLVD 1722 EUCLID AVE SAN DIEGO CA
6818 UNIVERSITY & ARAGON 6511 UNIVERSITY AVE SAN DIEGO CA
9471 30TH ST & EL CAJON 2990 EL CAJON BLVD SAN DIEGO CA
9583 NATIONAL & 36TH 3582 NATIONAL AVE SAN DIEGO CA
10631 PARK & UNIVERSITY 3830 PARK BLVD SAN DIEGO CA
11837 11TH & C 1122 BROADWAY AVE SAN DIEGO CA
For a complete list of Starbucks closing and to find out if your favorite Starbucks will be closing in your area please view the complete list here.