SAN DIEGO—BBL Commercial Real Estate and Westbrook Partners have acquired Fifth Avenue Financial Center, commonly known as “The Mister A’s Building,” located at 2550 Fifth Avenue in San Diego for an undisclosed amount. The iconic tower, which has been owned and operated by the Alessio family since its construction in 1965, is perhaps best known locally as home to the spectacular rooftop view restaurant Bertrand at Mister A’s.

“As a native San Diegan, this is an incredibly exciting acquisition since the tower is one of the most recognizable buildings in the city and nearly every long-time resident has a fond memory or story related to it,” said Casey Brown, president of BBL Commercial Real Estate (BBL). “We look forward to positioning the building to once again be a vibrant and exciting destination while embracing and respecting its past.”The 13-story, approximately 150,000-square-foot tower was built by prominent San Diego businessman, banker, restaurateur and race-track operator John Alessio in 1965. It was the first tower to be constructed in the Bankers Hill (Park West) neighborhood adjacent to Balboa Park and was among just a handful throughout the city at the time. The building has been attentively managed by Bud Alessio since his father’s death in 1998 and is 74% leased to a variety of tenants, many of whom have officed there for decades.

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