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Case Study

One Technology Place

​Challenge

The project had a dated exterior look, inefficient interior layouts and unusable mezzanine space. It was approximately 45% vacant at the time of sale.

What did we do?

During the renovation process, we implemented a strategic marketing campaign to target tech companies, utilizing our market knowledge of the I-15/Rancho Bernardo submarket. Each broker blast during the marketing campaign highlighted one of the flaws that were being repaired. Utilized marketing designs to show Tenants how the spaces will look.

Results

JLL increased occupancy from 50% to 90% within 120 days after purchase through 4 transactions, and increased rents by 20%.

Contacts:

Jay Alexander
Managing Director
+1 858 410 1188
jay.alexander@am.jll.com

Ryan Grove
Senior Vice President
+1 858 410 1251
ryan.grove@am.jll.com

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