In the News

Rady Children’s Hospital Signs New Lease in Santee

SAN DIEGO – Rady Children’s Physician Management Services signed a $956,008.28 modified-gross office lease with lessor, Flores Family Trust. The two parties agreed to a 100-month term that will begin this summer. Kyle Clark and Dan McCarthy, senior directors at The Heritage Group, represented the Lessor, while Chris Ross of Jones Lang LaSalle represented the Lessee. Rady Children’s Hospital has secured a lease at Cuyamaca Commons to improve the office space for use as a pediatric medical facility. This first-floor space will likely open Summer 2017. The 4,032-square foot space is in an office condominium building at 9600 Cuyamaca Street, …


The Heritage Group to Manage Oceanside Marketplace

SAN DIEGO – The Heritage Group recently picked up the leasing assignment at Oceanside Marketplace to their already robust list of agency listings. “Oceanside Marketplace benefits from an excellent location, great freeway access, and strong anchor tenants who provide a draw to the center” said Lev Mizan, broker associate with The Heritage Group. “We look forward to bringing a new energy to the marketing effort at the property.” The 36,241-square foot shopping center currently has 17,620-square feet available, with 7,158-square feet of retail space on the first floor (smallest space being 1,078 square feet) and 10,462-square feet of office space …


Mortgage Company Moves to Mercado Shopping Center

SAN DIEGO – America Choice Marketing recently signed a 30-month, $89,669.82 deal with Mercado Shopping Center, LLC to occupy a 1,249-square foot space at the center. Dan McCarthy, senior director at The Heritage Group, assisted in brokering the deal which commenced on December 1, 2016. The mortgage company is taking over a second-floor office suite – suite 201 – in the shopping center. Located at 11828 Rancho Bernardo Rd., the Mercado Shopping Center is currently 99% leased, boasting a mix of specialty retailers and services. “The addition of a mortgage company rounds out the services now available in this neighborhood …


San Diego Company Closes $1.45 Million Deal in Salt Lake City

SAN DIEGO – Local commercial real estate company, The Heritage Group, penetrated the Salt Lake City market by closing a $1.45 million deal. Fischbeck Family Trust, represented by Kyle Clark of the Heritage Group, purchased the single-tenant retail building housing Dollar Tree from Exchange Resources, Inc. The 8,326-square foot space is located at 477 North 300 West and is currently occupied by Dollar Tree, who has a long-term lease at the location. Fischbeck Family Trust, UDT dated June 27, 2002, completed the 1031 transaction to acquire the Dollar Tree location. “Trustees of the Fischbeck family were looking for a quick …

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