LEASING/SALES

  • Task: Negotiate relocation of longtime La Jolla office tenant and purchase option.
  • Challenge: Investor/developer tenant ideally looking to own, but limited supply in the market and investment cycle wasn’t aligned.
  • Result: Negotiated lease to relocate in 2014 with purchase option. Advised tenant as to market values leading them to exercise purchase option in 2016 & for $24.5M.

Location