SAN DIEGO, CALIF. – September 18, 2017 –DivcoWest and its joint venture partner Ocean West announced the purchase of the leasehold interest in 1420 Kettner, a seven-story 123,000 square foot Class B office building in downtown San Diego’s Little Italy neighborhood. The acquisition of the fee interest in 1420 Kettner by DivcoWest is expected to be completed in the near term.
Built in 1985, DivcoWest plans to invest significant capital into the building to bring it up to full Class A creative standards and reinvigorate its appeal to a broad base of tenants.
The property is ideal for tenants seeking signature boutique creative space in a neighborhood served by restaurants, retail and public transit. The property is also surrounded by numerous residential buildings and several planned mixed-use developments.