Located in downtown San Diego, a 80,651 square foot, nine story office building including a six level parking structure with 212 spaces. Bounded by Fourth, Fifth and Cedar Streets, this landmark location is adjacent to Interstate 5 and offers upper floor views of San Diego Harbor and Balboa Park.

Project Description

Purchased in 2010, Douglas Wilson Companies (DWC) renovated and rebranded this aging asset.

Scope of Work

DWC provided asset management and supervised tenant improvement construction.

Project Resolution

With a successful leasing campaign, DWC increased the occupancy from 35 percent to 95 percent. Upon stabilization in 2014, DWC’s brokerage group sold the building for $18.5 million. DWC retains its corporate headquarters at 1620 Fifth Avenue.

Project Name

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Client

Douglas P. Wilson

Location

San Diego, CA

Service Provided

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    Douglas Wilson Companies was founded in 1989 to provide a wide range of specialized business, workout, and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners throughout the United States.

    ADDRESS

    1620 Fifth Avenue
    Suite 400
    San Diego, California 92101

    PHONE

    (619) 641-1141

    EMAIL

    [email protected]