Curology has signed a lease with Montana Avenue Capital Partners for 54,232 square feet of space at the newly renovated 5717 Pacific Center in the Sorrento Mesa submarket of San Diego, according to a release from a representative of Cushman & Wakefield (C&W). Curology is a custom skin-care company based in San Francisco that is expanding its presence in the San Diego market.
The tenant is relocating its local offices from UTC to accommodate the rapid growth of the company over the last five years and will be nearly tripling in size with this new lease, C&W reports.
According to the release, Montana Avenue Capital recently acquired the property as a vacant building and completed a significant renovation of the project to position the building as a first-class creative-office project. The renovation included updating the look and feel of the building exterior and adding some creative indoor/outdoor work areas.
The statement says Bill Cavanagh and Mike Novkov with C&W’s San Diego office represented the landlord in the transaction, while C&W’s Casey Sterk, together with Tom van Betten of Matter Real Estate, represented the tenant.
Cavanagh, a managing director with C&W’s office division, is quoted in the release as saying, “5717 Pacific Center was repositioned with enhanced amenities to create an environment to meet the demands of San Diego companies looking to create a culture and atmosphere that enhances the success of their business.”
For the tenant’s part, David Lortscher, CEO of Curology, is quoted as saying, “We could not be more excited to move into 5717 Pacific Center. It is a beautiful space that perfectly fits our needs and provides our team with a vibrant, bright and creative office environment. It will allow us to not only retain but attract new talent.”