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15Mar

Heritage Sells Medical Office Building in Vista for $7.65M

SAN DIEGO – San Diego Commercial Real Estate Firm, The Heritage Group, facilitated an $7.65M sale for Lomas Santa Fe Group, a local family office based in Solana Beach. The Buyer was the Moss Group, a family-owned and operated property development and management company based in Los Angeles. Dan McCarthy and Kyle Clark, senior directors of The Heritage Group, represented the seller in this transaction. The 16,486 square foot medical office building is located 145 Thunder Drive, Vista, CA 92083. The asset is adjacent to Tri-City Medical Center, an acute-care hospital with over 700 physicians and 60 specialties. The strategic …

8Feb

FITT University Moves into Old Poway Village

SAN DIEGO – Sean Hickey DBA FITT University (FITT U) signed a 5-year, 3-month lease for $252,333.54 with Old Poway Village Center, LLC. The 2,016-square-foot retail space is going to house licensed Physical Therapist, Sean Hickey, who is bringing a unique and comprehensive gym experience that will provide the foundation of knowledge to live a healthier lifestyle. FITT U will offer small group and one-on-one training sessions. Kyle Clark, Lev Mizan and Dan McCarthy, all with The Heritage Group, represented the landlord and Poway-based tenant in the transaction. Since the 2016 acquisition of Old Poway Village, The Heritage Group has …

1Feb

Glenn Martin Joins The Heritage Group as Portfolio Manager

The Heritage Group recently brought on Glenn Martin as their newest Portfolio Manager. Martin brings more than 12 years of commercial real estate experience to work with the Real Estate Services team where he will oversee the continuously growing portfolio. Prior to joining The Heritage Group, Glenn served as Senior Property Manager for Kidder Mathews. While at Kidder Mathews, he focused on property operations, financial/reporting, leasing, tenant/client relations, and tenant improvement construction. Over his years of experience, Glenn has worked as Property Manager for Cushman and Wakefield, as well as Portfolio Manager for firms such as G&L Realty and Pacific …

12Dec

Heritage Core Value Fund Buys San Marcos Square for $4.25 M

SAN DIEGO –San Diego-based Heritage Core Value Fund, LP has recently purchased San Marcos Square for $4,250,000. Matt Hardy and Matt LoPiccolo represented the Costa Mesa-based seller, S&C San Marcos, LLC, for the transaction. The 19,274-square-foot retail property is comprised of three buildings and sits on 37,897-square-feet of land. The property – located at 156-190 S. Rancho Santa Fe Road in San Marcos – is anchored by US Bank and includes additional tenants such as Rossi’s Pizza, San Marcos Dental, CTP Computers, Crispy’s Donuts, Cole & Associates, and Adobe Lock & Safe. Prior to the sale, the same family owned …

14Nov

Korean BBQ Signs $1.9 M Lease at Mercado Shopping Center

SAN DIEGO – Yong Cheol Chi and Heesun Cha recently signed 10-year, $1,994,204 deal with Mercado Shopping Center, LLC to occupy a 5,168-square-foot space at the center. Kyle Clark, Dan McCarthy and Lev Mizan of The Heritage Group represents the Landlord, Mercado Shopping Center, LLC. The San Diego-based tenant, a Korean BBQ operator, was represented by Dennis Yoon of Allen C. Townsend and Associates. The space, centrally located within the Mercado, will be fully upgraded, complete with copper hoods suspended over the in-table grills and outdoor seating, allowing the interactive dining experience to ignite intrigue amongst patrons of the Mercado …

4Aug

Self Made Training Center Opens in Oceanside

SAN DIEGO – Cole Hanson of Temecula signed a 7-year NNN lease for $1,016,594.16 to open Self Made Training Facility in Oceanside. Kyle Clark, Dan McCarthy and Lev Mizan of the Heritage Group represented both the Lessee and Lessor, San Diego-based Oaktree Investment Fund, LLC. The 5,528-square-foot space is home to Hanson’s unique fitness concept that allows independent personal trainers to utilize the training space for their own clientele. The gym is expected to open in early August. Self Made Traning Facility is located in a retail center at 4263 Oceanside Blvd., Oceanside. The property currently hosts a number of …

1Aug

Brow Bar to Open In Santee Station

SAN DIEGO – Paul David II and Kayla Michelle, dba SD Brow Bar, of Lakeside signed a 36-month gross lease to occupy a 1,080-square-foot space in Santee Station for $80,116.08. Lev Mizan and Kyle Clark of the Heritage Group represented both the Lessor and Lessee, Santee Station, LLC, in the transaction. Michelle will bring her esthetician skills to the Santee community, specializing in brow threading, waxing and facials. The lease is set to commence in early fall. “Beauty services are doing very well in the retail market right now,” said Mizan. “San Diego Brow Bar will add a valuable service …

22Jun

Caliber Collision Signs $2.3M Lease at South County Autoplex

SAN DIEGO – Caliber Bodyworks, Inc. dba Caliber Collision signed a $2,310,705.37 10-year lease to occupy a 14,606-square-foot retail space at South County Autoplex. Kyle Clark, Dan McCarthy and Lev Mizan of the Heritage Group represented the Lessor, Autoplex Broadway, LLC, while the Lessee represented themselves. South County Autoplex is comprised of five single-story buildings. Caliber Collision plans on occupying the entire building, located at 1421 Broadway in Chula Vista, as well as part of the parking lot to bring their autobody services to the area. Other tenants at the autoplex include: AAMCO,  4 Wheel Parts ,and Safelite Auto Glass. …

30May

San Diego Commercial Real Estate Firm Buys Old Poway Village for $6.9 Million

POWAY – The Heritage Group recently purchased Old Poway Village, located at 14005-14055 Midland Road, from Old Poway Village, LLC for $6.9 million. Both parties were represented by Mark Hoekstra and Rocco Cortese, managing directors at The Heritage Group. This is the first property purchased under the real estate company’s new Heritage Core Value Fund. “This acquisition fits well within our Fund strategy to acquire specialty retail.” Cortese said. “We’ve done some leasing in the past few months and the momentum at the property is strong. The Heritage Group has been leasing and managing the 27,453-square-foot, multi-tenant retail and office …

25May

Old Poway Villages Adds Three New Tenants to Center Mix

SAN DIEGO – The Heritage Group brings new tenants to round out offerings at Old Poway Village. Kyle Clark, Lev Mizan and Dan McCarthy, of The Heritage Group, represented the Lessor and Lessees in the transactions. Ocean Retreat Nail Spa signed a 62-month lease for the 982-square-foot retail space for $118,869.36. The owners of the salon are relocating from Georgia and have 15 years of experience as nail technicians. The business will focus on pedicures and manicures, offer some esthetician services, and light massage. They plan to incorporate the colors and theme of the ocean into the space to create …

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