SAN DIEGO —The Heritage Group, a San Diego-based full-service commercial real estate and investment advisory firm, celebrates in 2015 its 10th anniversary of providing solution-driven strategies for owners, occupiers and investors in commercial real estate.
Heritage is lead by managing directors Mark Hoekstra and Rocco Cortese.
“Since inception of our firm, we have focused upon adding value for our clients, their properties, and the communities in which those properties are located. We’ve sustained during difficult economic times and continued to expand the breadth of our services,” Hoekstra said.” We look forward to the next 10 years and beyond as we structure investment portfolios for our clients that help them build and maintain long-term wealth.”
The Heritage Group has more than doubled its leasing and managing portfolio since the fourth quarter of 2013 to 49 properties and 1.75 million square feet, up from 21 properties and 800,000 square feet. Notable Heritage clients include Lomas Santa Fe Group, Palm Group, tech entrepreneur David Sacks, RSR Holdings and Meridian Group.
Heritage has deployed investor capital in excess of $300 million of commercial real estate over its 10-year span. The Heritage team is committed to building and growing an organization that can address the needs of local investors at every level.
“We are finding more and more clientele are moving away from your typical, national commercial real estate firm and instead opting for more local entrepreneurial advisers,” Cortese said. “Technology allows us to access global research and we marry that with a local focus to execute personalized strategies tied to our clients objectives.”
Heritage recently relocated its office to 610 W. Ash Street, which was the first home to Burnham Real Estate.
“We moved into the old Burnham building very intentionally,” Hoekstra said. “We have a lot of respect for Burnham’s role paving the way for a regional commercial real estate firm to become an industry leader. ”
The Heritage Group launched its new website in March, which uses a modern design to showcase its team, properties, technological advances, accomplishments and commitment to its clients.
About Mark Hoekstra and Rocco Cortese
Hoekstra is the grandson of Ernest W. Hahn, a retail developer who is known for his work in the development of regional shopping centers. Hoekstra has more than 25 years in commercial real estate and an intimate, working knowledge of all facets of the industry.
He is a member of the Building Owners and Management Association (BOMA), International Council of Shopping Centers (ICSC) and Institute of Real Estate Management (IREM). Hoekstra also serves as a member of USD’s Burnham-Moores Center for Real Estate – Commercial Real Estate Committee and is a past director of the San Diego County Commercial Association of Realtors and Center City Advisory Committee (CCAC). He is the current President of the USD Alumni Association and is an active member of the Escondido Sunrise Rotary Club.
Cortese has been an active California real estate broker since 1987 and holds Series 7 and 63 securities registrations. He has overseen more than $160 million in private and institutional equity transactions over the past 10 years. Prior to Heritage, Cortese co-founded Presidio Exchange Advisors, a Bay Area-based capital intermediary that advised private and institutional investors in the acquisition of approximately $750 million of commercial real estate. He was also previously a senior vice president with Jones Lang LaSalle, where he focused on business development for the West Coast Office Building Management and Leasing Group.
Cortese is actively involved with the Entrepreneurial Management Center at San Diego State University mentoring graduating seniors. Since moving to San Diego, Cortese and his family have become advocates for animals and therapeutic horseback riding at the Helen Woodward Animal Center.
Heritage is headquartered in San Diego with offices in San Francisco and Los Angeles. For more information on the Heritage Group, visit www.theheritagegroup.com.