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S.D. City looking for lease broker

Monday, August 20, 2012

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S.D. City looking for lease broker
Aug 21st 2012, 02:28

After rejecting its former broker's offer to do the work for free, the city of San Diego has spent more time than it anticipated hunting for a real estate business to help reconfigure its hundreds of thousands of square feet of office space. The delay has further put off the city's handling of three multi-million dollar leases for downtown offices housing its employees. The leases expire in less than the two years, with one lease for 153,000 square feet at 600 B Street expiring in less than 10 months Commercial real estate experts recommend large tenants begin renegotiations a minimum of two years...

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