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JLL Leases San Diego Workforce Partnership Office In Chula Vista Transaction

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LEASED

California

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Office12,963 SF
Leased 06/12/2024
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Property Image
LEASED

JLL Leases San Diego Workforce Partnership Office In Chula Vista Transaction

333 H Street

See Similar Deals
Office12,963 SF
Leased 06/12/2024
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:12,963 SF
Transaction Type:Lease

The property at 333 H Street in Chula Vista is an office space consisting of 12,963 square feet. This space will be leased by San Diego Workforce Partnership for their new South County Career Center starting in 2025. The lease was facilitated by JLL's Damon Melda and Cushman & Wakefield, who represented the landlord, Scripps Health.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Provided
  • Address: 333 H Street
  • Market: Chula Vista
  • Tenant: San Diego Workforce Partnership
  • Landlord: Scripps Health
  • Landlord's Rep: Bill Cavanagh & Joe Zurek - Cushman & Wakefield
  • Tenant's Rep: Damon Melda - JLL

JLL's successful negotiation of the lease for San Diego Workforce Partnership at 333 H Street sheds light on the strategic relocations occurring in a slow leasing market. The collaborative efforts between the tenant's representative Damon Melda and landlord's representatives Bill Cavanagh & Joe Zurek showcase the importance of well-connected real estate professionals in securing advantageous deals for their clients.

Players

Bill Cavanagh
1 deal(858) 546-5460
BROKER


Details

LEASED
IMAGE: 06/12/2024 ADDRESS: 333 H Street MARKET: Chula Vista ASSET TYPE: Office ~ SF: 12,963 LANDLORD: Scripps Health TENANT: San Diego Workforce Partnership LANDLORD'S REP: Bill Cavanagh & Joe Zurek - Cushman & Wakefield TENANT'S REP: Damon Melda - JLL NOTE: JLL secured a 12,963 sq. ft. lease for San Diego Workforce Partnership at 333 H St., Chula Vista, for their new South County Career Center, commencing in 2025. The move, facilitated by JLL's Damon Melda and Cushman & Wakefield representing landlord Scripps Health, highlights strategic relocations in a slow leasing market.

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Deal Type
Effective Rent (Annual)

$743,031.34

Total Lease Value

$7,430,313.38

Net Landlord Cash Flow$743,031.34