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Deal of the Week - Sale

Chula Vista strip center

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The Deal of the Week is the sale of the 20,540-square-foot, mixed-use Chula Vista Bay Center at 627-645 H St., Chula Vista, for $5.35 million.

[Chula Vista Bay Center.jpg]

The buyer was HDAZ LLC, 4955 Voltaire St., San Diego. Alaa Jamel Assy is the managing member of HDAZ, and Dhahir Assi and Hatem J. Zetouna are members.

The one-story, two-building, L-shaped strip center was constructed in 1974 on 1.49 acres.

The seller of the property was CLV Properties LLC, with William D. Lynch as the manager.

Tenants include Cricket Communications Inc., which leased 2,688 square feet in fall 2010 for 5 years at $399,588.

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