Monday, October 14, 2024

City of San Diego signs new 43,460 SF office lease in Downtown San Diego

Five50West, a 20-story, 362,822-square-foot
 office building located at 550 West C
Street in downtown San Diego, CA
  

SAN DIEGO, CA, Oct. 14, 2024 –– Confirming the attractiveness of high quality and well-located office space in urban submarkets, JLL has announced they have secured a 43,000-square-foot office lease with the City of San Diego at the recently renovated Five50West, a 20-story, 362,822-square-foot office building located at 550 West C Street in downtown San Diego.


Bess Wakeman

The City will be relocating its Development Services Department to the building with move-in planned for later this year.

 

The lease with City of San Diego is the latest tenant to relocate to Five50West.  In the past 12 months, JLL has seen a recent uptick in activity including additional  signed leases with SmithGroup Architects, Veritext Corp and Matthes Law.


Richard Gonor


Leading the office leasing at Five50West are JLL’s Richard Gonor, Tony Russell and Bess Wakeman.  The team secured the lease with City of San Diego and all other recent leases at the property.

 

  Five50West can accommodate a wide range of users, with current availability ranging from 2,000 to 80,000 square feet. 


Tony Russell

“Downtown and the overall San Diego office market is in a period of flux with landlords and developers working to create a new hub for businesses and residents,” said Gonor, JLL Executive Vice President. 

 

 “Employers and their employees want a dynamic workplace with amplified amenities, food & beverage offerings, outdoor collaborative spaces, all in a convenient location, and a safe environment.

 

Five50West has raised the bar downtown with their recent capital reinvestment into Frive50West which will be a model for other office landlords to emulate during the downtown transformation.”

 

 

CONTACT:

 

David Ebeling

Ebeling Communications

949.861.8351

949.278.7851 (Cell)

david@ebelingcomm.com

Member of the National Association of Real Estate Editors (NAREE)

“PR Strategist for the Commercial Real Estate Industry:  I do what I love and love what I do.”

 

 

 

 

 

 


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