X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Encore Capital Group is the first tenant to sign a lease at Ampersand, a 340,000-square-foot creative office conversion project in the former San Diego Union-Tribune building. The Casey Brown Co. is repurposing the property into a creative office campus with ample amenities and outdoor space. While the developer wasn’t targeting a specific industry for the project, the financial company’s interest illustrates the increasing interest for highly amenitized and designed office space across industry types. Encore signed a 95,000-square-foot ground floor lease in the project.

“We all like to be able to put things in a box, but we were really trying to attract tenants that have a focus on productivity and on the health and wellness of their employees,” Casey Brown, principal of The Casey Brown Co, tells GlobeSt.com. “That is the real reason why a tenant would choose Ampersand as their home. They need to be companies that have that focus, and there are economic reasons for that. When you lose an employee, it costs money to replace them. This is a project where employees will be proud of and that guests will be in awe of.”

Kelsi Maree Borland

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

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.