Tag Archives: mergers and acquisitions

Tallulah’s on its own as Linda bids farewell to Capitol Hill’s 19th Ave E

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Brunch on Tallulah’s patio reportedly sealed the deal (Images: CHS)

Linda Derschang has put a member of her Capitol Hill food and drink family in new hands. The proprietor behind Oddfellows, Linda’s and Smith has sold her 19th Ave E project Tallulah’s and has something new — but typically Linda — cooking in Belltown.

The new owner at Tallulah’s is Brad Haggen, part of the family behind the Haggen grocery chain. The entrepreneur and investor tells CHS that the Linda Derschang creation represented a “no brainer” opportunity as was looking for businesses to start or buy following his family’s 2016 sale of their interest in the grocery chain.

A brunch visit with his wife to the busy restaurant at the corner of 19th and Mercer reportedly sealed the deal.

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From Sun to Sol: New owner lined up for Capitol Hill’s Sun Liquor Lounge

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(Image: Sun Liquor)

Sun Liquor Lounge, the Capitol Hill bar that went on sale for just under $200,000 earlier this year, might have found a new owner in Andre Sayre, a 30-year-old tech worker taking a break to find a new avenue in life.

“I enjoy the community aspect of a little place that everyone knows and loves,” he tells CHS about the planned purchase of the bar. “I wanted to do what I can to keep it around.”

There aren’t a lot of changes planned for the Summit Ave watering hole, the last vestige of Sun Liquor’s presence on Capitol Hill. Not everything from the bar was included in the deal. When the sales goes through, the old space will have a new name — Sol Liquor. Continue reading →

Team Marination ready to bring cocktails and more to Bellevue Ave’s Chico Madrid

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(Image: CHS)

(Image: CHS)

Here’s the deal. The Internet says pineapples were brought to Hawaii from Spain in 1813. So there’s a connection. Despite Madrid’s distance from Oahu, the folks behind Marination Station are getting behind Chico Madrid, the less-than-year-old Spanish-style cafe inside the modern wing of the Belroy Apartments project on Bellevue Ave E.

“We want it to stay true to its Spanish roots,” Marination mogul Kamala Saxton tells CHS about the opportunity. Saxton said that she and Roz Edison have been planning a venture like Chico Madrid to expand their current empire of island-styled food and drink spots and mobile food truck business. The news that the team behind Chico Madrid was looking for new partners came just in time.

1518500_581385221950674_1497063087_oThe biggest change will be the new Chico Madrid’s plans to feature a full bar. Saxton says you can also expect to see more event dining opportunities at the cafe as well as a ramped-up catering effort.

Chico Madrid opened last March in the redeveloped Belroy featuring Spanish-style sandwiches and Iberian delights like sangria on tap in a cozy 800 or so square-foot space. Outside stands a giant cedar tree dwarfed only by the six-story building. Fuel Coffee and High 5 Pie owner Dani Cone teamed up with Jacob Daley and Franz Gilbertson of Ballard’s Honore Bakery to make it happen. Cone has since also been part of the all-star cast that financed and opened 19th and Mercer’s Cone & Steiner general store.

Marination Station, meanwhile, debuted in spring 2011 above Pike and Broadway and gave the Marination team its first permanent Capitol Hill presence.

Marination Station and High 5 Pie are CHS advertisers.

Saxton says she is joining Chico Madrid’s ownership at a good time to help make the little cafe an even bigger part of the neighborhood.

“We love the space. Dani and Jacob have done the leg work,” Saxton said. “Now we can deepen our roots.”

Chico Madrid is located at 711 Bellevue Ave E. You can learn more at chicomadrid.com.