The asset involved in the transaction is a 68,391 square foot office located at 4655 Executive Drive in San Diego. This property is situated in the University Towne Centre market, which is currently experiencing a 19.3% availability rate with asking rents averaging $3.78 per square foot, while the broader San Diego office market is showing signs of softening demand.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 4655 Executive Drive
• Market: San Diego
• Tenant: Gregory Shumaker - Jones Day
• Asset Size: 68,391 square feet
• Lease Date: 01/23/2026

Gregory Shumaker represents Jones Day in this lease transaction, which involves the renewal of their lease at the specified office location. This deal ranks as the second-largest office lease in the University Towne Centre submarket during the fourth quarter of 2025, highlighting the stability of the legal services sector in the region.