Updated Sep 28, 2026
DivcoWest Leases 41,125 SF Mixed-Use Space To Gensler, GoFundMe, And Lucca In San Diego
350 10th Avenue
Building Size
41,125 SF
Asset Type
Mixed-use
Closing
Sep 16, 2026
About this deal
AI
The property involved in this transaction is a mixed-use asset located at 350 10th Avenue in San Diego, CA. It encompasses a total square footage of 41,125. The market for this property is situated within San Diego, California.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not disclosed
- Address: 350 10th Avenue
- Market: San Diego, CA
- Landlord: Stuart Shiff - DivcoWest
- Tenants: Gensler, Lucca Italian Sandwich Shop & GoFundMe
- Brokers: Tyler Jemmett, Chuck Reiter & Anna Barnes - CBRE
This transaction includes three leases signed by DivcoWest and CBRE at DiamondView Tower in Downtown San Diego. The leases comprise a 19,396-square-foot office space for Gensler, a 17,778-square-foot renewal for GoFundMe, and a 3,951-square-foot retail lease for Lucca Italian Sandwich Shop. This agreement reflects a strategic approach to meet the increasing demand for well-located, amenity-rich office spaces in a market that is currently experiencing softness.
On the Map
Mixed-use
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Avenue Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93