One of south campus’ mainstay sushi joints will be rolling up shop at the end of the month.

Suh Sushi on Prospect Road will be closing at the end of October after CSU’s Research Foundation bought the building in July, according to the Larimer County Property Records.

In an email to The Collegian, owner Sung Suh said the rent for the property increased after the CSU Research Foundation purchased it, making it harder for him to afford two locations. According to the Larimer County Property Records, the location was purchased for $1.15 million.

Suh said the rising food costs and wages also made it difficult to maintain the locations.

“We lost the business from (the) 200 W. Prospect Road location little by little,” Suh wrote in the email. “I was told that the building (is) going to be an Asian-fusion restaurant.” 

Given its close proximity to the main campus and the new CSU Health and Medical Center directly to the east, the property was of interest to both the University and CSURF.” -Rick Callan, CSU Research Foundation senior real estate analyst

Managing two restaurants in a competitive foodie town like Fort Collins can be difficult, so Suh decided to consolidate his two restaurants. The decision to combine the two restaurants will help Suh in “reducing the fixed costs” from both locations.

The second location is Suh Sushi Korean BBQ and is already serving up all the same menu items as the original Suh Sushi and more.

Suh Sushi Korean BBQ is located at 165 Boardwalk Drive, a 10-minute drive south of campus. While Suh focuses on his Korean BBQ location, customers are left pondering the future of the 200 W. Prospect Road building.

“The property was acquired from the estate of a former CSU faculty member who passed away recently, Richard Anderson,” wrote Rick Callan, CSU Research Foundation senior real estate analyst, in an email to The Collegian. “He and his family wanted to give the University an opportunity to acquire the property before listing it for sale publicly, and CSURF was successful in negotiating a deal that was mutually beneficial for the estate, CSURF and CSU.”

CSURF currently has no plans to transform the lot in any way, but rather keep it as an investment and continue to lease the property, Callan wrote.

“Given its close proximity to the main campus and the new CSU Health and Medical Center directly to the east, the property was of interest to both the University and CSURF,” Callan wrote.

Although that Suh Sushi location will be closing, the space will continue to be leased, and Suh’s other location is open for business.

Suh is offering a 10% discount to CSU students and staff at the Boardwalk Drive location with a valid CSU ID.

Kate Trulson can be reached at news@collegian.com or on Twitter @KateTrulson.