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California  + San Diego  + Office  | 

NCRC Relocates to Wells Fargo Plaza, Now Under New Ownership

CBRE has secured the first of a few new office leases on behalf of Prebys Foundation, the new owner of 401 B St., a/k/a Wells Fargo Plaza, in downtown San Diego. The National Conflict Resolution Center (NCRC) has signed a long-term agreement for 11,296 square feet.

NCRC will move to the 14th floor of the tower. The company is relocating from its previous location at 530 B St.

CBRE’s Tyler Jemmett and Anna Barnes represented Prebys Foundation, which acquired the 24-story property in the City Center Business Improvement District this past April. CBRE’s Tom Turner and Bryan Bazzi represented NCRC.

“This transaction reflects continued demand for high-quality office space in downtown San Diego,” said Jemmett. “401 B St. offers a best-in-class environment for mission-driven organizations like NCRC, and we’re pleased to have supported both parties in achieving a successful outcome.”

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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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