SAN DIEGO – Tiewei Zhang, dba irelaxing Massage, signed a five-year retail net lease for $229,800 at 3020 Canon Street in Point Loma.
Kyle Clark, senior director at The Heritage Group, represented both Zhang and the lessor, Sigal Capital, Inc. The Heritage Group is assisting irelaxing in its expansion to multiple markets throughout San Diego county. Their newest destination in Point Loma will replace a local community chiropractor and athletic rehabilitation therapist.
The Canon street building was recently purchased with the help of Clark, who was then asked to represent the new owner in securing a tenant replacement.
“The deal creates a seamless transition to keep the building at 100 percent occupancy,” said Clark. “The new owner has already achieved value from his investment within a few short months.”