McGovern of NAI Platform negotiates 9,185 s/f lease

July 06, 2021 - Upstate New York

Albany, NY According to NAI Platform, a member of NAI Global, broker Michael McGovern was the exclusive representative of the lessee, who will open a new 9,185 s/f restaurant named “SideBar” located on the 1st floor of 30 South Pearl St. in downtown near the Times Union Center.

The restaurant will encompass 4,000 s/f of restaurant space, 185 s/f kiosk for breakfast and lunch take out, and 5,000 s/f outdoor patio space.

The landlord is Omni Development. Restaurant owner is Deviation Group.

The name points to the heavy presence of government and the legal profession here in the Capital Region. The menu will be executed by a celebrity chef with wines paired by the owner and sommelier who has operated restaurants around the world. Overit, a local cutting edge marketing firm, will be handling the marketing and has crafted applications that promote touchless methods for food service. Artist Chip Fasciana is designing and installing custom artwork.

This will further assist in the current revitalization and transformation of the Downtown area.

“I enjoy focusing on downtown Albany and the Capital Region and am determined to see it teeming with people as it once did in its heyday,” said McGovern.

“Mike McGovern’s assistance was invaluable in identifying possible locations and executing a complicated transaction. I fully recommend Mike and question how we might have accomplished this without him.” said Danielle Torigian, Michael Lynch and Partners.

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