Sigal Capital Inc. Takes Advantage of Rare Buying Opportunity in Point Loma

SAN DIEGO – Sigal Capital, Inc. purchases a fully leased building for $1,180,000.00. The 5073 square foot building is located at 3020-3022 Canon St., Point Loma, San Diego 92106. “Investment opportunities in Point Loma are rare. As the heart of the Village is being impacted by major developments in the area, an investment there has great potential for increased value.” said Kyle Clark, senior director at The Heritage Group. The rare property transaction in Point Loma Village is fully leased to local tenants, Point Loma Chiropractor and local favorite, Alfredos Pizzeria.


The Heritage Group Brings Experiential Retailers to Santee Station

SAN DIEGO – The Heritage Group signs John Szczepanowski and Kara Dodds and Associates as new tenants to Santee Station. Szczepanowski, dba Hot Yoga Santee signed a five-year NNN lease for $145,257.84. He plans on using the second floor 1,200 square foot space for hosting Hot/Bikram yoga classes. “A hot yoga studio at this brand new center increases the tenant mix at Santee Station to include a retailer who provides an experience for the neighbors,” said Kyle Clark, senior director at The Heritage Group. “Experience retailers are pivotal to the retail sector that is being impacted by increased online shopping.” …


HD Supply Expands in El Cajon

SAN DIEGO – HD Supply Construction Supply, LTD. has signed a NNN lease for a 15,789 square foot space at Raleigh Industrial Center in El Cajon with the help of The Heritage Group. Kyle Clark and Dan McCarthy, senior directors at The Heritage Group, represented the landlord, Propco, LP; while the leesee, HD Supply Construction Supply, LTD., a Florida limited partnership, represented themselves in this $659,566.50 deal. The 67-month term is expected to commence in October. “HD Supply has had a significant presence in the adjacent property. Their growth into our project was a natural fit for them,” said McCarthy. …


Santee Station Leases New Suites

SAN DIEGO – Whissel Realty and Mimi’s Nails signed five year leases at Santee Station with the help of The Heritage Group. DSD Commercial, DBA Whissel Realty, signed a $332,564.40 deal for the 2,088 square foot space located at 8840 Magnolia Ave., Santee, Calif. 92071. The transaction is for suites 110-120 in Santee Station. Kyle Clark represented the landlord, while Jeff Gilbert of Kidder Matthews represented the tenant. Tiffany Nho Le, DBA Mimi’s Nails, signed a $161,064 NNN lease for the 1,044 square foot space located at the new retail center. Kyle Clark represented the landlord during the transaction. Construction …


Crunch Fitness Expands Their Reach in San Diego

SAN DIEGO – Capital Fitness Group (CFG) is rapidly expanding their Crunch Fitness brand across the greater San Diego area.  CFG has signed four leases countywide in 2016 with the help of The Heritage Group and is looking to further their presence in other strategic locations before year end. According to John Romeo of CFG, “Crunch Fitness is a truly innovative business model within the health and fitness sector.  Their inclusive and economic approach to client fitness has fueled demand and CFG’s remarkable expansion of the Crunch concept in San Diego County.” Dan McCarthy, Senior Director at Heritage added, “CFG …


Nail Salon Spa Sets Up Shop in Santee

SAN DIEGO – Diem-Mai Hoang and Michael Christopher signed a 5 year, $119,040 retail lease in Santee. The Five Star Synergy, Inc. owned building is located at 10075 Mission Gorge Road. Hoang and Christopher’s new 800 square foot shop will occupy suite 200, next to Santana’s Mexican Food. They are opening a nail salon and spa with a partner who has over 20 years in the business. The lease commenced on May 1, 2016 and puts the complex at 100% occupancy. Dan McCarthy and Kyle Clark, Senior Directors at The Heritage Group, represented the property owner.


Jamul Village Tribe Development Leases Rancho San Diego Office Space

SAN DIEGO – Jamul Village Tribe Development Corporation signed a 5-year and 2-month, $460,179.00 lease with RSD Hilton Head, LLC. The 3,369 square foot office space is located 1530 Hilton Head Road, Rancho San Diego. Jamul Village Tribe Development Corporation will be on the second floor in the Class A building. Dan McCarthy and Kyle Clark, Senior Directors at The Heritage Group helped broker the deal that commenced on May 1, 2016. The space will be utilized for the gaming commission in connection with the Tribe’s new Hollywood Casino, which will open in July.


Clique Hospitality Leases Office Condo in East Village TR Office Building

SAN DIEGO – Clique Hospitality signed a 3-year and 1-month, $173,958.97 lease for a top floor office condo in the TR office building located at 406 9th Avenue in the East Village neighborhood of San Diego. Dan McCarthy, Senior Director at The Heritage Group, represented the property owner, Ken Satterlee. Clique Hospitality of Las Vegas is leasing the office space to conduct business in San Diego’s hospitality industry. “Clique Hospitality’s regional offices here in San Diego will serve to manage existing restaurant concepts and grow additional concepts with a new hotel development in San Diego,” said Dan McCarthy. The property …


CM Auto Pros Leases Space at South County Autoplex in Chula Vista

SAN DIEGO – CM Auto Pros signed a 3-year and 1-month, $42,359.55 lease at the South County Autoplex which is owned by Autoplex Broadway, LLC. The space is 1,424-square-feet located at 1403 Broadway, Suite 111, in Chula Vista. Dan McCarthy, Senior Director at The Heritage Group, represented Autoplex Broadway, LLC in securing the 37 month lease. The lessee, Carlos Arreola, will be bringing his expertise in automotive electrical repair services to the Autoplex. “This lease brings our occupancy up to over 90% at the property,” said Dan McCarthy. “Our ongoing renovation has attracted a number of new tenants to what …


Vista Medical Office Building Sells for $7.25 Million

VISTA – 145 Thunder Drive, LLC purchased the 16,486-square-foot medical office building at 145 Thunder Drive for $7.25 million. The buyer purchased the property as the upleg of a 1031 exchange. The buyer was represented by managing directors Mark Hoekstra and Rocco Cortese of The Heritage Group. The seller was Cassidy Investors, LLC. The building is leased to United Healthcare and will be managed and marketed by The Heritage Group. “145 Thunder Drive is a Class B medical office building in an A+ location. The building is occupied by one of the fastest growing and largest healthcare providers in the …

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