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14Mar

AAMCO Transmissions Leases 2,816-Square-Foot Space in South County Autoplex

CHULA VISTA – AAMCO Transmissions and Total Car Care signed a nine-year, $396,749 lease for a 2,816-square-foot space in South County Autoplex. Dan McCarthy and Kyle Clark, senior directors at The Heritage Group, represented the property owner, Autoplex Broadway, LLC, in securing the lease. Rick Alexander represented the tenant, AAMCO Transmissions. “Having AAMCO as our first new tenant at the property, demonstrates the early success of the investment strategy to rebrand the property as the premier Autoplex facility in all of South County,” said Dan McCarthy, Senior Director of the Heritage Group. This rebranding effort includes common area improvements, new …

9Mar

NAPA Auto Parts Leases 8,310-Square-Foot Space in El Cajon

EL CAJON – NAPA Auto Parts signed a five-year, $576,840 lease for an 8,310-square-foot space at 1235 Broadway Avenue in El Cajon. Kyle Clark, senior director at The Heritage Group, represented the property owners, Diane and William H. Smith and Mike Moser represented the lessee in securing the lease. “This was a terrific opportunity for our client to downsize his long-standing business while securing the safety of a national tenant for his prior location,” Clark said. The property is the former site of Wild Bill’s Western Emporium, serving the El Cajon community for 35 years. Wild Bill’s Western Emporium will …

7Mar

Kyle Clark Awarded 2015 CoStar Power Broker Award

SAN DIEGO – Kyle Clark, senior director at The Heritage Group has been named a 2015 CoStar Power Broker by CoStar Group, Inc. The annual industry award recognizes distinguished professionals in commercial real estate brokerage. Recognition is awarded to firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases in 2015 within their respective markets. Clark qualified as one of the top commercial brokers in San Diego based on the total leasing transactions he closed during the year. In order to be selected for this honor, Clark’s overall transaction volumes were evaluated by CoStar …

2Mar

Old Poway Village Sells for $6 Million

POWAY – Old Poway Village Center, LLC recently purchased the 27,453-square-foot, multi-tenant retail and office space at 14005-14055 Midland Road for $6 million. The buyers were represented by Mark Hoekstra and Rocco Cortese, managing directors at The Heritage Group. The property was acquired in a 1031 Exchange and The Heritage Group will manage and lease the property. “This property has untapped potential which our buyer recognized immediately when it came to market,” Cortese said. “Situated in the middle of the iconic Old Poway neighborhood, the property is surrounded by Poway Park, Poway Heritage Museum and Poway Midland Railroad Depot and …

29Feb

Point Loma Retail Property Sells for $1.9 Million

SAN DIEGO – Thomas and James Flynn recently purchased the 2,128-square-foot retail space at 4195 Voltaire Street for $1.9 million. The buyers were represented by Kyle Clark, senior director at The Heritage Group. The seller, Veritas Famosa Investors L.P., was represented by Chuck Klein of Cushman & Wakefield. “Investment in this retail space at Famosa is a real opportunity for our clients,” Clark said. “The project is the first of other planned mixed-use developments along this stretch of Voltaire. As the projects are completed, the character of this neighborhood will be re-defined.” The retail space is part of a mixed …

29Jan

Poké Go Expanding to North County

SAN DIEGO – Poké Go recently signed a 5-year lease for a 1,200-square-foot space at Mercado Shopping Center in Rancho Bernardo. Poké Go is a healthy and casual eatery, offering fresh poke; a popular Hawaiian dish comprised of raw fish served over rice or salad. This will be the second Poké Go location to open in San Diego; the original is located in Hillcrest. Poké is a fast-casual dining concept trending throughout Southern California. Considered a well-being and heart healthy food, customers are able to choose from a variety of raw fish in combination with different types of seasonings. “The …

28Jan

Proper Media, LLC Leases 4,050 -Square-Foot Space in the Promenade at Pacific Beach

SAN DIEGO – Proper Media, LLC signed a two-year lease for a 4,050-square-foot space at 4150 Mission Blvd. in Pacific Beach. Kyle Clark, senior director at The Heritage Group, represented the lessee and the property owner, Promenade Mall Development Corporation, in securing the lease. “Proper Media, LLC, a digital media company was looking for more space to accommodate their growing organization. They will be moving their headquarters to occupy a second story space above The Truckstop,” Clark said. The property is part of a 77,375-square-foot retail center with other tenants, such as Tony Roma’s, Amplified Ale Works, Beachworks Surf Shop …

27Jan

Escondido Office Building Sells for $1.3 Million

ESCONDIDO – William P. Morgan, Jr., recently purchased the 11,672-square-foot office building at 235 West 5th Avenue for $1.3 million. The sellers, Mike and Nancy Dunlap, were represented by Kyle Clark and Dan McCarthy, senior directors at The Heritage Group. “The building was home to financial services firm Dunlap, Dunlap & Peck for many years.  With the Escondido office market showing improvement over the past year, the timing was right to sell and allow new ownership to reposition this asset. The Heritage Group was pleased to be able to manage this process for a long standing client,” McCarthy said. William …

22Jan

Excalibur Fine Cigars, Inc. Opening Multiple Locations in North County

SAN DIEGO – Excalibur Fine Cigars, Inc. recently signed a 10-year lease for a 1,380-square-foot space at Mercado Shopping Center in Rancho Bernardo. This social lounge concept is expanding and bringing a luxury product to two locations in North County. Excalibur also recently signed a 10-year lease for a 5,520 square-foot space at 1315 Las Villas Way in Escondido. The original Excalibur Cigar and Scotch Lounge located in Kearny Mesa, was established in 2005. It is currently California’s only “Montecristo Lounge”, one of only 22 in the nation, with the largest walk-in humidor in San Diego. Excalibur Lounge RB will …

7Jan

Dixieline Lumber & Home Center Extends Lease in El Cajon

SAN DIEGO – Dixieline Lumber & Home Center signed a 20-year, $5,468,500 lease for a 3.2 acre parcel at 1262 East Main Street in El Cajon. Dan McCarthy and Kyle Clark, senior directors at The Heritage Group, represented the property owner, Herzog/Freyler Trusts and Jack Duncan represented the lessee in securing the lease. “Dixieline Home & Lumber extended their stay to continue serving the community in the heart of El Cajon.  Now that the lease has been extended, their intent is to remodel their facility to continue here for another 20-35 years,” Clark said. Prior to the execution of the …

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