Centrumplace Announced by Sunroad Enterprises
Master Plan to Include Two Additional Class A Office High-Rises Surrounding
Progressive Public and Private Amenities
San Diego, CA, March 28, 2016 – As the demand for large blocks of Class A office space surges across San Diego County, Sunroad Enterprises (sunroadenterprises.com) announces that it will be developing Centrumplace, an office campus in Central San Diego. Centrumplace is the commercial centerpiece of the Centrum Master Plan, which encompasses eight acres of world-class business facilities, retail, residences, and green space. Including the existing Centrum I (a 275,000 square feet building completed in 2008), and two new Class A office high-rises, Centrumplace is ideally situated at the nexus of the 805 and 163 freeways. Each 11-story building will enjoy exceptional freeway access and visibility from over 50,000 autos per day.
Centrumplace will include two NEW office high-rises, Centrum II and Centrum III, featuring 583,000 total rentable square feet. With the unique ability to join certain floors, floorplates have the flexibility to go from 24,800 to 59,500 square feet. Designed by Gensler, a global leader in workplace design, Centrum II, consisting of 290,000 square feet, has the flexibility to offer traditional as well as highly sought-after creative workspace. Designed to achieve LEED Certification, Centrum II is expected to break ground in 2016, and deliver finished new office space in 2017. Centrum III will follow based on market demand.
Aaron Feldman, states, “Businesses are increasingly demanding an amenity-rich environment, which is appealing when recruiting top talent. San Diego County is also experiencing an increased demand of large blocks of Class A office space, especially with amenities of this caliber.” Per market research, the past eight quarters have seen continuous market absorption and increased office rents in central San Diego.
Darrel Fullbright, AIA, LEED Green Associate at Gensler states, “One of the most unique things about these spectacular buildings will be their shared campus, addressing today’s tenants’ demands. The courtyard between the three buildings is designed with best in the industry amenities; featuring outdoor private meeting space, conference facilities, outdoor event space, lounges, a fitness center, restaurants, a bar, and parking structures with valet service. Centrumplace will also feature an outdoor sculpture, a water feature, an organic garden, and meandering paths.”
The team of Dave Odmark, Eric Vann, and Brian Starck from Cushman & Wakefield has been retained as the leasing team to represent Sunroad. “Centrumplace is a terrific opportunity for companies that are looking to grow, expand, relocate, or establish themselves in central San Diego. Centrumplace is on the cutting edge,” states Dave Odmark, Executive Managing Director. “Besides the most ideal geographic location, Centrumplace offers efficient floor plates for tenants, combined with top-of-the-line amenities. In addition, the ability to offer five stalls per thousand square feet parking sets us apart. We couldn’t be more excited about the opportunity.”
About Sunroad Enterprises
Founded in San Diego in 1977, Sunroad Enterprises is a diversified holding company consisting of two distinct divisions: real estate and automotive. The company has built over 3,000,000 square feet of Class A office space, in addition to the 600 slip Sunroad Resort Marina, 500 multifamily units, and Maderas Golf Club, recently ranked by Golf Digest for the 4th year in a row as a top 100 Golf Course. Sunroad Enterprises has been involved in projects in California, Colorado, Nevada, Arizona, and Mexico, and has earned numerous quality commendations from local, regional, and national organizations.