SAN DIEGO—Fortune 15-ranked power house Verizon, has secured 110,000 square feet of office space at Enclave Sorrento, a technology campus that recently underwent major renovation by California-based McCarthy Cook with New York- and London-based partner AllianceBernstein.
The lease, negotiated by JLL's managing director Chad Urie, executive vice president Tony Russell and senior vice president Tim Olson, brings the two-building, 213,000-square foot campus, located at 9808 and 9868 Scranton Road, to more than 50% pre-leased.
“Verizon will consolidate more than 600 employees from three different locations in San Diego with their move to Enclave Sorrento,” said Brian Harnetiaux, vice president, asset management, at McCarthy Cook. “The open floor designs, indoor/outdoor spaces and interconnectivity between the buildings fit the collaborative work environment they and so many progressive firms want to offer their employees.”
The $38 million renovation at Enclave Sorrento included a new, five-story parking structure, two-story glass enclosed lobbies, new hotel-grade restrooms, a café and tenant lounge with a fold-away glass wall system and large screen televisions and a fitness and yoga center with locker rooms. Enclave Sorrento tenants will also have access to a shuttle service from the Coaster and a shared free bicycle program.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.