In The News

April 15, 2019

College Area Shopping Center Sells for $5,135,000

The Aztec Village Shopping Center located at 6663 El Cajon Blvd has sold for $5,135,000. Erik Egelko and Max Reynolds of SVN Asset Advisory Group represented the seller, 1201 Main Street LLC. Financing was arranged by Brandon Jensen of North Island Credit Union. Escrow and Title Services were provided by Robert Shaw of Chicago Title. Egelko commented saying, “The seller […]
December 1, 2018

AT&T signs lease for new Chula Vista Location

Telecom giant AT&T has signed a long term lease for a new store at 591 H Street in Chula Vista, CA. Erik Egelko of SVN Asset Advisory Group represented the landlord in the transaction. The property is located on the busy corner of H Street and Broadway and benefits from co-tenancy with one of San Diego’s busiest Starbucks drive-thrus. “The […]
November 1, 2018

Kaizen Judo Kai signs lease for new Lake Murray Blvd location

Kaizen Judo Kai, a martial arts training school has signed a lease for a new facility at 6195 Lake Murray Blvd. The approximately 2,000 SF suite will undergo significant renovation and is scheduled to open in the beginning of 2019. Prior to bringing Erik Egelko onboard to handle leasing the suite sat vacant for over 2 years. Ownership commented saying, […]
September 30, 2018

University Ave Project Sells to Residential Developer

The mixed use property located at 7735 University Ave in La Mesa, CA has sold for $700,000. Erik Egelko of SVN Asset Advisory Group represented both the buyer and seller in the transaction. The new owner plans to pursue entitlements utilizing the City of La Mesa’s existing “Mixed-Use Development Overlay”. The tentative plan calls for 6 studio units of ranging […]
June 1, 2018

Excelsior Academy Signs 5 Year Lease at Parkway Center

The Excelsior Academy Charter School will be relocated to the Parkway Center located at 7200 Parkway Drive in La Mesa, CA. Erik Egelko of SVN Asset Advisory Group represented both the tenant and the landlord in the transaction. “This deal made sense for both parties. The tenant who is being displaced by the sale of their building will get to […]
February 1, 2018

La Jolla Retail Project Achieves Fully Occupancy at $4/SF

The retail property located at 5514 La Jolla Blvd in the Bird Rock submarket of La Jolla is now fully occupied thanks to the aggressive leasing efforts of Erik Egelko. The boutique retail suites with sizes ranging from 400-500 SF will become the new home of Cleo Sugaring, an esthetician who is relocating from La Jolla Village and South Harlow/Tidal […]
October 31, 2017

La Mesa Dental Center Acquires University Ave Facility

The La Mesa Dental Center will be relocating from their La Mesa Blvd location to a new facility located at 8334 University Ave La Mesa, CA. Erik Egelko of SVN Asset Advisory Group represented the buyer. Egelko commented saying, “This property is strategically located near La Mesa Village and will allow the client to benefit from accumulating equity in a […]
October 15, 2017

La​ ​Mesa​ ​Office​ ​Building​ ​Achieves​ ​Full​ ​Occupancy​ ​with Above​ ​Market​ ​Rents

The multi-tenant office property located at 7435 University Ave in La Mesa, CA has achieved 100% occupancy due to the proactive leasing efforts of Erik Egelko of SVN Asset Advisory Group. Prior to working with Erik Egelko, the property maintained a historical vacancy rate of over 25% and faced challenges attracting quality tenants. According to Egelko, “The primary obstacles this […]