Office Tenants Want ‘Healthy-Lifestyle’ Spaces

Creative office may be the buzzword for office properties today, but healthy-lifestyle is truly what tenants want. LPC West has acquired Polo Plaza, a two-building mixed-use office property in Del Mar, with plans to convert it into a lifestyle-driven office and retail campus that will appeal to San Diego companies. The renovation will include exterior renovations, upgraded landscaping, parking upgrades, food and dining options and small ExecuOffices.

“In San Diego, we see a continued migration of companies to healthy-lifestyle environments that are also flexible, convenient and amenity-rich,” Brig Black, EVP of Southern California for LPC West, tells GlobeSt.com. “For many companies, small and large, that means locating in non-traditional spaces and buildings, where they can highlight or brand their unique company through their workplace environment.”

The location of Polo Plaza, which is at the intersection of the rapidly changing Del Mar and Rancho Santa Fe markets, played a major role in LPC West’s decision to buy the asset. “We are focused on the best locations and irreplaceable real estate. Polo Plaza is an example of both,” says Black. “Generally, we see are witnessing an explosion of gentrification and redevelopment of San Diego coastal city locations for office and specialty retail.”