Category Archives: News
3May

Heritage Group Represents California Orthopaedic Institute (COI) in Ten Year Lease Renewal At $5M

SAN DIEGO – The California Orthopaedic Institute (COI) of San Diego has signed a ten-year lease renewal; the total lease consideration is $5,014,967.24. COI has occupied a 15,360-square-foot area within the campus, located at 7485 Mission Valley Road, Suite A104, since 2007. The practice includes offices for 8 physicians, 21 examination and treatment suites, an X-Ray and MRI facility, physical therapy, occupational therapy and rehabilitation services, as well as an outpatient surgery center with 3 operating rooms, and a dedicated pain management suite. Dan McCarthy and Kyle Clark of The Heritage Group represented California Orthopaedic Institute in the transaction. Jeffrey …

17Apr

San Diego Business Journal Features South County Autoplex

Click Here To Read “South County Autoplex Sold For $10.2M” on sdbj.com

12Apr

Heritage Group Closes $1.85M Sale for Davles LLC at 5351 Adobe Falls Road in San Diego

SAN DIEGO – DAVLES LLC, a real estate and property management company, has purchased 5,485 square feet at 5351 Adobe Falls Road in San Diego through the representation of Senior Heritage Group Directors Dan McCarthy and Kyle Clark. The building sold for $1.85M and is visible from I-8 freeway, between Waring Road and College Avenue. The seller was L & L Acquisitions, LLC. “We are pleased to conclude a transaction for our client that allows great flexibility in leveraging site location and visibility for a broad range of retail and food services uses.  We expect future use to increase the …

6Apr

Design Studio West Signs 62 Month Lease With G. Wesley Harker Family Trust

SAN DIEGO – The Heritage Group’s Kyle Clark and Dan McCarthy served as listing agents for Design Studio West (DSW) because they needed to relocate after the building in La Jolla, that they currently occupy, sold. The Heritage Group team was able to negotiate fair and favorable terms for both parties and facilitated the signing of a 62-month lease for 3,250 square feet at 4250 Morena Boulevard, Suite C in San Diego. “DSW is a long-established company and welcome addition that complements the existing tenants in the building as well as tenants in adjacent buildings within the thriving Morena Design …

4Apr

Globe Street Interviews Mark Hoekstra on Market Trends

Click Here To Read “Is Retail Property Management Becoming More Niche?” on GlobeSt.com

3Apr

Vista Hill Foundation Signs Five-Year Lease at Midway Village

SAN DIEGO – Vista Hill Foundation has signed a five-year lease to occupy 5,336 square feet on two floors at 3148 Midway Village in San Diego for $509,620. The lessor was Sunset Waste Holdings, LLC, a California limited liability company. Associate Lev Mizan and Senior Directors of The Heritage Group, Dan McCarthy and Kyle Clark represented the lessor in the transaction, while Sarah Anane of NAI-San Diego represented the lessee. “We are pleased to have brought Midway Plaza to 94.2% occupancy and add significant value for our client,” said Lessor Rep Kyle Clark. Anchored by Taco Bell, Wings-n-Things and Tandoori Hut, Midway Village …

3Apr

San Diego Business Journal Features Vista Hill Foundation Lease in Midway District

Click Here To Read “Vista Hill Foundation Leases Midway District Space” on sdbj.com

29Mar

BisNow Features Vista Office Sale

Click Here To Read “The Moss Group Acquires Vista Office Property For $7.6M” on BisNow.com

22Mar

GlobeSt.com Features Glenn Martin

Click Here To Read “Cautious Optimism For San Diego Market” on GlobeSt.com

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 …

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