Search
 

Arrowhead Signs $19M Lease for Downtown Space

SAN DIEGO-Locally based Arrowhead General Insurance Agency will relocate its corporate headquarters into the newly leased space. The company will occupy 67,703-sf at 701 B St., according to the terms of the 10-year agreement.

By Erin Cassin | Updated on July 12, 2003

SAN DIEGO-Arrowhead General Insurance Agency has signed a $19.1-million, 10-year lease to move its corporate headquarters to 701 B St. in Downtown San Diego.

The company, which is one of the nation’s largest privately held general insurance agencies in the country, will be relocating from space it currently occupies in two other Downtown facilities – Emerald Plaza and Koll Center. According to the terms of Arrowhead’s freshly inked agreement, it will take 67,703-sf in the B Street facility. Its offices will be housed on floors 20 through 22, which were formerly occupied by the Latham & Watkins law firm. Arrowhead General plans to move in once Latham & Watkins relocates early next year to its new 80,000-sf home in One America Plaza.

“This lease marks the culmination of an exhaustive search to meet Arrowhead General’s desire to accommodate projected growth over the next 10 years while retaining a center city location,” says Barry Mahlberg of Burnham Real Estate Services. Mahlberg acted on behalf of Arrowhead General in the recent lease transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.