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Former Receivership Property Now 100% Leased

SAN DIEGO-Cush Plaza Scripps Ranch signs leases with 11 new office tenants in 18 months after rebranding and amenities.

By Carrie Rossenfeld | Updated on July 31, 2012

SAN DIEGO-Following a rebranding effort that included owner Treena Properties LP adding a series of amenities, Cush Plaza Scripps Ranch is now 100% leased. The 93,387-square-foot, class-A office building has signed leases with 11 new tenants for a total consideration of $16.6 million.

When Treena purchased the asset in December 2010, the property had been in receivership and sat vacant in shell condition since its completion in 2008. The CBRE leasing team of Jeb Bakke, Ryan Egli and Laura Bonnett was awarded the assignment in January 2011 and leased the building from completely vacant to 100% occupied in 18 months.

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