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18Apr

Local Commercial Real Estate Firm Closes $2.5 Million Deal in Texas

SAN DIEGO – San Diego-based company, The Heritage Group, assisted Daniel R. Bond Separate Property Trust in purchasing a Chili’s Grill & Bar for $2,421,053 in Ft. Worth, Texas. Kyle Clark – senior director at The Heritage Group – represented the buyer, while Alvin Mansour of The Mansour Group represented the seller, GL ATC No 2, Ltd. The property was purchased as part of a 1031 tax-deferred exchange resulting from the sale of a local commercial property. The building, located in the Alliance Town Center at 9201 Sage Meadow Trail, is currently occupied and operated by Chili’s Grill & Bar.  …

13Apr

Golden Spoon Sets Up Shop in Old Poway Village

SAN DIEGO – Madhaydyl, LLC, LLC, dba Golden Spoon signed a 50-month lease for $84,914.94 with Old Poway Village Center, LLC. The lease for the 640-square foot retail space is set to commence May 1. Lev Mizan and Dan McCarthy, both of The Heritage Group, represented the tenant and landlord in the transaction. The Golden Spoon franchisee will be opening a location on the southwest corner of the property. “Adding Golden Spoon to Old Poway Village will not only be a tremendous benefit to the community, but it also represents another step we are taking to shape and re-position this …

11Apr

Attorneys Funding Group, Inc. Opens First San Diego-Based Branch in Old Poway Village

SAN DIEGO – Attorneys Funding Group, Inc. signed a 37-month lease for $90,780.36 to occupy a 1,186-square foot office space in Old Poway Village. Lev Mizan and Dan McCarthy, both of The Heritage Group, represented the lessor, Old Poway Village Center, LLC; Brian J. Clark, owner of Attorneys Funding, represented himself in the transaction. The office, located at 14005-A Midland Rd., Poway CA 92064, is on the back side of the property. Attorneys Funding is a mortgage lender based out of Roseville, Calif.  This is their first location of their San Diego branch. “Attorneys Funding is an excellent operator to …

6Apr

Digital Marketing Group Relocates to Bankers Hill

SAN DIEGO – Awlogy, LLC signed a five year, $301,272 gross lease with Sutter Uptown, LP to occupy their 2,700-square foot office space in Bankers Hill. Kyle Clark of The Heritage Group represented Awolgy, LLC, while Bud Marsh of Colliers Int’l represented Sutter Uptown, LP. Awlogy, LLC is a marketing and digital media group with offices in Los Angeles, Las Vegas and San Diego. The marketing company’s San Diego branch is relocating from Hillcrest to occupy the space located at 2970 5th Ave., Suite 240. The 17,441 square-foot office building is currently 100% leased. Other tenants include: Taylor & Pond, …

5Apr

James Fread Agency, Inc. Buys $605k Office Building

SAN DIEGO – James Fread Agency, Inc. purchased a 3,745-square foot office building for $605,000 from Cloyd 1999 Revocable Family Trust. Kyle Clark and Dan McCarthy – senior directors at The Heritage Group – represented the seller, while Jamie Hopkins of Team Metro Real Estate represented the buyer in brokering the deal that commenced on March 16, 2017. James Fread Agency, Inc. is taking over a three-tenant office building, located at 9925-9929 Channel Rd., Lakeside, Calif., as an investment opportunity. The building is currently 100% occupied by two dental practices and a property management company. “Our seller’s goal was to …

4Apr

New Tenant Adds BMW Services to South County Autoplex

SAN DIEGO – Supertech Autowerks, LLC. signed a $67,215.96, 37-month lease with Autoplex Broadway, LLC to open a new BMW retail shop at South County Autoplex. Lev Mizan, broker associate at The Heritage Group, and Dan McCarthy, senior director at The Heritage Group, assisted in brokering the deal. The lease for the 2,131-square foot space, located 1403 Broadway, Suite 110, in Chula Vista, will commence April 1. The owners of Supertech Autowerks have over 25-years of experience working on BMWs. “The addition of a BMW specialist to the South County Autoplex rounds out the scope of automotive related services at …

16Mar

CrossFit to Move into Sports Arena Square

Troy Athletics, LLC signed a 36-month office lease in the city-owned Sports Arena Square for a total value of $168,393.72. Dan McCarthy and Kyle Clark, senior directors at The Heritage Group, represented both the lessee and lessor on the deal that is scheduled to commence on April 1, of this year. The 3,999-square foot space is located at 3350 Sports Arena Blvd, Suite H-3, San Diego 92110. Troy Athletics, LLC will be opening Troy CrossFit. Located just east of the Valley View Casino Sports Arena, the city is utilizing the space at Sports Arena Square to bring unique businesses to …

2Mar

Nexus Physical Therapy Set to Open Seventh Location in Point Loma

SAN DIEGO – Nexus Physical Therapy signed a 61-month lease with Abrosa Realty, LLC for $481,939 to occupy a 4,705-square foot space in Scandia Plaza. Kyle Clark and Dan McCarthy, senior directors at The Heritage Group, represented the Lessor. The Lessee was represented by Todd Bulich in the NNN office lease transaction. The neighborhood retail center, located at 3191 Sports Arena Blvd, Suite B, San Diego, CA 92110, is home to tenants such as Dunn-Edwards Paints and Pet Kingdom and Fitzee Foods. The addition of Nexus Physical Therapy puts the center at 100% occupancy. “This will be Nexus P.T.’s seventh …

27Feb

Rady Children’s Hospital Signs New Lease in Santee

SAN DIEGO – Rady Children’s Physician Management Services signed a $956,008.28 modified-gross office lease with lessor, Flores Family Trust. The two parties agreed to a 100-month term that will begin this summer. Kyle Clark and Dan McCarthy, senior directors at The Heritage Group, represented the Lessor, while Chris Ross of Jones Lang LaSalle represented the Lessee. Rady Children’s Hospital has secured a lease at Cuyamaca Commons to improve the office space for use as a pediatric medical facility. This first-floor space will likely open Summer 2017. The 4,032-square foot space is in an office condominium building at 9600 Cuyamaca Street, …

2Feb

The Heritage Group to Manage Oceanside Marketplace

SAN DIEGO – The Heritage Group recently picked up the leasing assignment at Oceanside Marketplace to their already robust list of agency listings. “Oceanside Marketplace benefits from an excellent location, great freeway access, and strong anchor tenants who provide a draw to the center” said Lev Mizan, broker associate with The Heritage Group. “We look forward to bringing a new energy to the marketing effort at the property.” The 36,241-square foot shopping center currently has 17,620-square feet available, with 7,158-square feet of retail space on the first floor (smallest space being 1,078 square feet) and 10,462-square feet of office space …

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