SAN DIEGO—The Santee submarket is seeing more retail demand than El Cajon or even La Mesa, the Heritage Group's Kyle Clark tells GlobeSt.com. As we reported last week, the Santee City Council recently approved the Santee Station development group for the a 16,942-square-foot, four-building commercial center, located on 2.65 acres at 8866 N. Magnolia Ave. here. We spoke exclusively with Clark about the deal, retail demand in Santee and which other submarkets are emerging for retail.
GlobeSt.com: What stands out for you about the Santee Station development?
Clark: The site sits at the eastern entrance to the Santee market, with both the 67 and 52 freeways dropping motorists off onto Magnolia Ave. The tenants we have signed up are established, well-known businesses that will draw customers into the project, which will also benefit the co-tenants.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
