With Emmes’ recent purchase of 701 B Street and 707 Broadway to add to their existing high-rise portfolio, which includes 401 West A Street and 1230 Columbia Street, Emmes now ranks second to The Irvine Company in downtown high-rise ownership. Their four buildings now account for 1.45 million square feet of space, versus The Irvine Company’s 2.8 million square feet, which is distributed over six high-rise buildings (750 B Street, 401 B Street, 225 Broadway, 101 West Broadway, 501 West Broadway and 600 West Broadway).
Good news for large tenants wanting some fresh downtown Class A office space options. We are in discussions with the Manchester Pacific Gateway for two of our larger clients to anchor the project’s first building, which will be directly across from the USS Midway Museum! Manchester’s first building along Harbor Drive will be approximately 225,000 square feet and will have pristine, unobstructed bay views forever. When the development is complete, it will be the crème de la crème of office projects in all of San Diego County.
Once fully built out, the 16 acre Manchester Pacific Gateway will comprise 3 class A office buildings, (totaling more than 850,000 square feet), 3 luxury hotels (with nearly 1,600 rooms), 271,000 sq/ft of retail space and 2 levels of underground parking. Public uses will include a museum and cultural space, plus about 4.5 acres of landscaped open areas including a waterfront park, cafes, public art and entertainment venues. We’re excited to see the transformation that this development will bring to San Diego’s downtown waterfront.
Jason Hughes is chairman, CEO, and owner of Hughes Marino, an award-winning commercial real estate company with offices across the nation. A pioneer in the field of tenant representation, Jason has exclusively represented tenants and buyers for more than 25 years. He writes about topics in commercial real estate from a tenant’s perspective on his blog, Downtown Dirt. Contact Jason at 1-844-662-6635 or firstname.lastname@example.org to learn more.