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Amazon has signed a lease deal with Seritage Growth Properties and Invesco Real Estate to occupy 123,000 square feet at The Collection at UTC in La Jolla. The lease deal comes alongside an announcement that Amazon will create 2,500 corporate and tech jobs in Southern California. The iconic ecommerce retailer will create 700 jobs at the La Jolla property.

The Collection at UTC is a 212,000-square-foot office and retail property on 13 acres in La Jolla. The property houses corporate offices for several major retailers, including Williams Sonoma, Pottery Barn Kids, Pacific Catch, CB2, Blue Bottle Coffee, Ideal Image and Madison Reed. With the Amazon lease deal, which is the largest at the property to-date, The Collection at UTC is now 93% occupied.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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