SAN DIEGO—Recent activity in San Diego's Midway District reflects a renewed interest in capital investment in the area, and is a signal of a robust economy, according to Kyle Clark, at The Heritage Group.
The Heritage Group, a full-service real estate management and investment advisory firm, has been involved in multiple projects within the Midway trade area, including the recent $6.2 million sale of the Midway Village Shopping Center. The Midway District boundaries include Interstate 8 to the north, Interstate 5 to the east, Laurel Street to the south, and Rosecrans Street/Midway Drive to the west.
"The Midway District faced its challenges during the recession, including large vacancies, as well as many corresponding smaller vacancies," said Clark, senior director at The Heritage Group. "Circuit City, The Good Guys, Tower Records, Boat US, Marine Max, Midway Fitness all closed. Now, all of the spaces have been filled and more space will be constructed to add to the inventory."
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
