In the News

Midway Village Shopping Center Sells for $6.2 Million

SAN DIEGO – Sunset Waste Holdings LLC recently purchased the 29,718-square-foot Midway Village Shopping Center for $6.2 million. The buyer was represented by Kyle Clark, senior director at The Heritage Group. The seller, Pacifica Woodside LP, was represented by Reg Kobzi and Joel Wilson of CBRE. “The new owner is a local resident with ties to the local community,” Clark said. “The center has historically enjoyed strong occupancy. It is the best strip center in the area in terms of design, location and tenant mix. The number of restaurant uses is a unique aspect that provides a consistent draw for …


Civilian Leases 5,348-Square-Foot Space on Historic Decatur Road

SAN DIEGO – Civilian, Inc. recently signed a five-year, $1.001 million lease for a 5,348-square-foot space at 2468 Historic Decatur Road in Liberty Station. Civilian, formerly AdEase, is a full-service marketing organization. Kyle Clark, senior director at The Heritage Group, represented Civilian in securing the lease. The owner of the property, McMillan NTC 905, LLC, was represented by Scott Kincaid of CBRE. “At the beginning of the year, Civilian changed their name to reflect their renewed approach to their business. Now they will have a state-of-the-art facility to complement that approach,” Clark said. This 36,009-square-foot office building is located on …


Accumen Leases 1,201-Square-Foot Space on Alvarado Road in Central San Diego

SAN DIEGO – Accumen recently signed a five-year, $142,615 lease for a 1,201-square-foot space at the Alvarado Medical Plaza III in the College Area. Accumen operates medical lab draw stations and patient service centers in conjunction with Sharp Laboratory Services. Dan McCarthy and Kyle Clark, senior directors at The Heritage Group, represented Accumen in securing the lease at 6719 Alvarado Road, Suite 203. The owner of the property, Alvarado Road 6719, LLC, was represented by Voit Real Estate Services. “We were able to find Accumen the medical space they were looking for without compromising on a location that serves their …


Oak Group Acquires Interplaza West for $5.25 Million

GOLDEN, Colo. – Oak Group LP has purchased the 13,865-square-foot Interplaza West shopping center at 16950 W. Colfax Ave. in Golden, Colo. for $5.25 million. Oak Group LP, a Los Angeles-based investment partnership, was advised by Mark Hoekstra, managing director of The Heritage Group, a San Diego-based commercial real estate and investment advisory firm. Jeffery Hallberg of Ascent Property Advisors represented James R. and Nancy W. Chiamulon in the sale of the property. “This is the latest transaction in the Heritage Group’s approach to restructure a portfolio of single-tenant net leases, taking advantage of a robust single-tenant market and selling …

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