Through Del Campo Court docket II is the primary constructing constructed on a speculative foundation in Rancho Bernardo in additional than a decade. Picture courtesy of Drawbridge Realty
Netherlands-based semiconductor producer ASML has signed a long-term lease settlement with Drawbridge Realty for 55,227 sq. ft at Through Del Campo Court docket II, an 80,720-square-foot workplace and R&D constructing in San Diego, presently beneath development. JLL brokered the transaction.
The agency will occupy the second and third flooring on the three-story improvement that will likely be prepared for occupancy later this summer time. Drawbridge broke floor on the challenge final March, financing its development with a $27.5 million mortgage from Aegon, based on CommercialEdge knowledge.
Through Del Campo Court docket II is the primary speculative constructing to have been constructed within the Rancho Bernardo submarket in additional than a decade. Positioned at 16707 Through Del Campo Court docket, the property is close to Interstate 15 and roughly 24 miles north of downtown San Diego, gaining access to retail and eating choices within the close by 4S Ranch neighborhood.
JLL Senior Managing Director Tim Olson and Managing Director Jay Alexander represented the owner, whereas Government Vice President Damon Melda labored on behalf of the tenant.
Drawbridge presently owns 48 buildings throughout 12 markets, totaling some 6.1 million sq. ft. The agency just lately secured a 90,000-square-foot lease extension at one other Rancho Bernardo property.
