City of San Diego Leases 43K SF at Newly Renovated Five50West

JLL secured a 43,000-square-foot office lease with the City of San Diego at the recently renovated Five50West, a 20-story, 362,822-square-foot office building located at 550 W. C St. in downtown San Diego. The city government will relocate its Development Services Department to the building, with move-in planned for later this year.

Over the past 12 months, JLL has seen an uptick in activity at Five50West, including signed leases with SmithGroup Architects, Veritext Corp and Matthes Law. Leading the office leasing at Five50West are JLL’s Richard Gonor, Tony Russell and Bess Wakeman.

“Downtown and the overall San Diego office market is in a period of flux with landlords and developers working to create a new hub for businesses and residents,” said Gonor. “Five50West has raised the bar downtown with their recent capital reinvestment into Frive50West which will be a model for other office landlords to emulate during the downtown transformation.”

Inside The Story

JLL's Gonor

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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