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10/16/24
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The City of San Diego has leased 43k sf of office space in downtown San Diego for its Development Services Department. The agency inked the deal at the recently renovated Five50West, a 20-story, 362.8k sf office building located at 550 West C Street in downtown San Diego.
The lease with City of San Diego is the latest tenant to relocate to Five50West. In the past 12 months, there has been an uptick in activity including additional signed leases with SmithGroup Architects, Veritext Corp and Matthes Law. The city’s move-in is expected for later this year.
JLL’s Richard Gonor, Tony Russell and Bess Wakeman 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 2k sf to 80k sf.
“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, “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.
A San Diego landmark and symbol of office grandeur, Five50West is best known for its open concept first floor lobby that seamlessly connects to the expansive outdoor concourse. Architects Room & Board and Gensler and JLL’s PDS team recently completed a $13.4 mil renovation of the building.
Inside, the first-floor lobby has been infused with hospitality conveniences using modern finishes that create an atmosphere of sophistication and innovation. These finishes carry through to the upper floors offering vibrant and inspiring workspaces and stunning waterfront and city views to attract top talent. The state-of-the-art, fitness and wellness center features the finest cardio, exercise, circuit-training and strength-extension equipment, towel service, and spa like shower and locker facilities to encourage a healthier lifestyle for the building’s occupants. The increased capacity conference center will support larger meetings and social events.
Outside, Five50West has been adorned with new features to enhance the tenant experience. The expanded concourse offers a serene escape from the hustle and bustle complete with comfortable seating areas, collaborative outdoor workspaces and an open concept café. Other enhancements include a tenant lounge, enriched exterior landscape and LED lighting program, and improved parking garage and way finding signage throughout the project.
Five50West is ideally located in the heart of downtown San Diego with panoramic views of San Diego Bay, San Diego International Airport and Balboa Park. It is adjacent to the Santa Fe Depot (Amtrak, Coaster & Trolley), providing immediate access to neighbouring communities and is walking distance to the San Diego Bay, County and Federal Courthouses, Little Italy and other retail amenities.
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