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September 22, 2023
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Cypress Insurance Company Leases 34k sf Office Space in Kearny Mesa


Cypress Insurance Company inked a 34k sf, multi-floor lease at Sunroad Centrum, an 11-story, Class A office tower in San Diego’s Kearny Mesa area. The company is relocating its local office from downtown San Diego.

Cypress, a Berkshire Hathaway company, signed a long-term deal to occupy the 5th and a portion of the 6th floors of the 279.8k sf tower. The building is located at 8620 Spectrum Center Blvd, just east of Hwy 163.

Ownership is in process of completing a modernized indoor/outdoor event space and lounge, a new meeting/conference center, a new fitness center, and a new building arrival and lobby experience. The building also resides within the master-planned Spectrum community that features over 2,500 residential units and counting, a two-acre park and an abundance of surrounding retail, a restaurant that has indoor and outdoor seating overlooking the park, and a variety of fitness options.

Cushman & Wakefield’s Derek Hulse and Brett Ward represented the landlord, Sunroad Enterprises, in the transaction.

Adjacent to the office tower, Sunroad Enterprises has recently completed its new high-end apartment community Vive Lux. Vive Lux is a fully amenitized community featuring a 2.5k sf gym, open-air lounge on the 5th floor, wine tasting room, cabanas, pool and pool room, hot tub, game room, activity center, concierge services, dog spa, bike storage, work center, private work room, and conference center. The apartment leasing center is also on site.

Earlier this year, Sunroad Centrum also announced tech tenant AppFolio, a mobile property management software provider, signed a lease for 40k sf of space in the office tower. The building is already nearly 60% leased or under LOI.

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