SAN DIEGO – June 15, 2021 – As companies emerge from the global pandemic, DivcoWest observes a national and growing trend of tenant demand focused on high-quality space. DivcoWest’s DiamondView Tower combines quality with walkable retail, proximate housing, and direct game and concert views at Petco Park.
This growing demand is highlighted by ClickUp, the latest company to further establish its roots in downtown San Diego by moving its headquarters into DiamondView Tower. Founded in 2017, the all-in-one productivity platform raised a $100 million Series B round last December to reach unicorn status with a $1 Billion valuation. The company also doubled its workforce last year and plans to double headcount again over the next year. ClickUp will be expanding to take two full floors for nearly 36,500 square feet. The lease also includes signage overlooking Petco Park, fitting given ClickUp’s partnership with the San Diego Padres to help power the team’s IT operations.
“DiamondView combines expansive, efficient indoor space and tons of natural light with large balconies giving tenants fresh air, fantastic views and room to spread out. It’s a perfect space for innovative companies looking for a modern creative space with the flexibility to grow,” says Sara Buss, managing director, DivcoWest.
DiamondView is surrounded by thousands of rental apartment and condo units, as well as restaurants, hotels, cafes, retail shops and public spaces. The tower is also just two blocks away from light rail.
In addition to DiamondView, DivcoWest’s current downtown San Diego portfolio includes Kettner & Ash, a recently renovated mid-rise office building in the city’s Little Italy neighborhood.
About DivcoWest
Founded in 1993 by Stuart Shiff, DivcoWest is a vertically integrated, real estate investment firm headquartered in San Francisco, with offices in New York, Boston, Washington DC, Los Angeles and Menlo Park, CA. Known for long-standing relationships and experience across the risk-spectrum in markets where innovation thrives, DivcoWest combines entrepreneurial spirit with an institutional approach to deliver real estate solutions and opportunities to the world’s most forward-thinking companies and investors. DivcoWest aims to create environments that inspire ingenuity, promote growth, and enhance health and well-being. Since inception, DivcoWest and its predecessor have acquired nearly 50 million square feet of commercial space – primarily throughout the United States. DivcoWest’s real estate portfolio currently includes existing and development properties in the office, R&D, lab, industrial, retail and multifamily spaces.
