The lessee of the Deal of the Week was represented by Chad Iafrate, of Cassidy Turley BRE Commercial. The lessor was represented by Ron Pepper, of Retail Insite.
The deal was a lease by Chuze Fitness of 19,788 square feet of retail space in Sweetwater Square at 3007 Highland Ave. in National City from SEA Property Management. The property was leased for 10 years at $2.9 million.
Sweetwater Square is a 124,457-square-foot community shopping center at 3003-3009 Highland Ave.
The center occupies a 12-acre site under a ground lease and was sold in early 2008 for $21.4 million.
National City is the second location opened by Chuze this year.
This summer, the fitness chain opened a 15,430-square-foot site at 11985 Bernardo Plaza Drive in Rancho Bernardo.
The 10-year lease was valued at $2.6 million. The lessee was represented by Iafrate. The locally and family owned chain now has six locations in San Diego County.