“La Jolla, Spanish for “the jewel,” is a quaint but ... · “La Jolla, Spanish for “the...
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Transcript of “La Jolla, Spanish for “the jewel,” is a quaint but ... · “La Jolla, Spanish for “the...
“La Jolla, Spanish for “the jewel,” is a quaint but affluent town where Chanel clad ladies panning for gems coexist with college kids eating frozen yogurt, and where hang gliders and surf bums frequent the same coffee shop as moguls and movie stars. The attraction? First rate shopping, top flight hotels, postcard views and killer surfing.” - In Style
CBRE | Page 2
La Jolla Village Square is located in
one of the most desirable and sought
after trade areas of San Diego County.
Strategically positioned near UCSD, La
Jolla Village Square provides dining,
entertainment and daily needs to the
dynamic UTC workforce, along with the
many dense {and affluent} residential
neighborhoods.
UCSDover 30,000 students and 19,000 faculty and staff
Daytime Population9.7 Million square feet of Office & Industrial
Over 8,200 students and 897 total faculty and staff
Education75% have a Bachelor’s Degree or higher
Medical/HealthUCSD Thorton Hospital over 7,500 Faculty & StaffScripps Memorial La Jolla over 2,100 Faculty & Staff
La Jolla Village Drive (43,600 cars per day)
Villa La Jolla
Drive
Gilman Drive
CBRE | Page 4
DEMOGRAPHIC SNAPSHOT
$117,807 AVERAGE HOUSEHOLD INCOME
94,689 CURRENT POPULATION
100,683 2021 PROJECTED POPULATION
36.2 CURRENT MEDIAN AGE
42,188 CURRENT HOUSEHOLDS
44,788 2021 PROJECTED HOUSEHOLDS
WholeFoods
Over 19,385 residential units in UTC trade area
149,000 cars per day
149,000 cars per day
La Jolla Village Drive (43,600 cars per day)
Nobel Drive (29,100 cars per day)
(see next page)
WholeFoods
CBRE | Page 6
UTC: Dynamic Mixed-Use Market
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la Jolla VillaGE dr
EasTGaTE Mall
ToW
n cE
nTEr
rEGE
nT
GEnEsEE aVE
CondosMultifamily
School / HospitalsRetail
Senior Housing
Office
# PROJECT NAME SIZE (SF)
1 Towne Centre Tech Park 288,244
2 Eastgate Technology Park 1,354,799
3 9625 Towne Centre Drive 153,724
4 Bridge Point I & II 530,436
5 Eastgate Summit 64,832
6 Senomyx 65,280
7 Magellan Pharmaceutical 68,423
8 The Pavilion at La Jolla Commons 45,255
9 University Center East 97,976
10 University Center West 43,022
11 Kilroy University Center 47,234
12 Alexandria Innovation Center 139,818
13 BMR i3 Campus (3 buildings) 307,660
14 Illumina Campus 770,000
15 La Jolla Commons I & II 654,044
16 One La Jolla Center 305,952
17 La Jolla Centre I & II 351,784
18 La Jolla Gateway 351,724
OFFICE# PROPERTY NAME UNITS
1 The Boardwalk 216
2 Cambridge 96
3 Cambridge Terrace 108
4 Cape La Jolla/Cape La Jolla Gardens 220
5 Devonshire Woods 95
6 Dieguenos 72
7 Eastbluff 212
8 Genesee Highlands 502
9 Genesee Vista/Playmor La Jolla 120
10 La Jolla City Club 48
11 La Jolla Colony - La Paz 280
12 La Jolla Colony - Las Palmas 218
13 La Jolla Colony - Madrid 123
14 La Jolla Colony - Marbella 126
15 La Jolla Gardens Villas 54
16 La Jolla Mesa Estates 136
17 La Jolla Park Villas 106
18 La Jolla Terrace 160
19 La Jolla Village Park 204
CONDOMINIUM
Aerial Banner Legend
# PROJECT NAME
1 UCSD
2 La Jolla Country Day
3 Doyle Elementary
4 University City High School
SCHOOLS/HOSPITALS
# PROJECT NAME SIZE (SF)
1 Renaissance Towne Center 53,074
2 Westfield UTC 1.6 Million
3 Costa Verde Center 178,619
4 Regents Court 68,840
5 La Jolla Colony 72,669
6 The Shops at La Jolla Village 58,733
7 La Jolla Village Square 414,000
RETAIL
# PROJECT NAME SIZE (SF)
19 UTC Campus @ Towne Centre 284,985
20 Sunroad Corporate Center 304,310
21 Chancellor Park 199,582
22 Park Plaza 73,061
23 Genesee Plaza 159,425
24 The Plaza 830,964
25 Executive Square 556,535
26 Regents Park Financial Centre 94,162
27 Regents Court 56,422
28 The Aventine 216,139
29 University Pacific Centre 96,670
30 Nobel Corporate Plaza 102,918
31 Nobel Executive Center 119,681
OFFICE CONT.
# PROJECT NAME SIZE (SF)
1 Towne Centre Tech Park 288,244
2 Eastgate Technology Park 1,354,799
3 9625 Towne Centre Drive 153,724
4 Bridge Point I & II 530,436
5 Eastgate Summit 64,832
6 Senomyx 65,280
7 Magellan Pharmaceutical 68,423
8 The Pavilion at La Jolla Commons 45,255
9 University Center East 97,976
10 University Center West 43,022
11 Kilroy University Center 47,234
12 Alexandria Innovation Center 139,818
13 BMR i3 Campus (3 buildings) 307,660
14 Illumina Campus 770,000
15 La Jolla Commons I & II 654,044
16 One La Jolla Center 305,952
17 La Jolla Centre I & II 351,784
18 La Jolla Gateway 351,724
OFFICE# PROPERTY NAME UNITS
1 The Boardwalk 216
2 Cambridge 96
3 Cambridge Terrace 108
4 Cape La Jolla/Cape La Jolla Gardens 220
5 Devonshire Woods 95
6 Dieguenos 72
7 Eastbluff 212
8 Genesee Highlands 502
9 Genesee Vista/Playmor La Jolla 120
10 La Jolla City Club 48
11 La Jolla Colony - La Paz 280
12 La Jolla Colony - Las Palmas 218
13 La Jolla Colony - Madrid 123
14 La Jolla Colony - Marbella 126
15 La Jolla Gardens Villas 54
16 La Jolla Mesa Estates 136
17 La Jolla Park Villas 106
18 La Jolla Terrace 160
19 La Jolla Village Park 204
CONDOMINIUM
Aerial Banner Legend
# PROJECT NAME
1 UCSD
2 La Jolla Country Day
3 Doyle Elementary
4 University City High School
SCHOOLS/HOSPITALS
# PROJECT NAME SIZE (SF)
1 Renaissance Towne Center 53,074
2 Westfield UTC 1.6 Million
3 Costa Verde Center 178,619
4 Regents Court 68,840
5 La Jolla Colony 72,669
6 The Shops at La Jolla Village 58,733
7 La Jolla Village Square 414,000
RETAIL
# PROJECT NAME SIZE (SF)
19 UTC Campus @ Towne Centre 284,985
20 Sunroad Corporate Center 304,310
21 Chancellor Park 199,582
22 Park Plaza 73,061
23 Genesee Plaza 159,425
24 The Plaza 830,964
25 Executive Square 556,535
26 Regents Park Financial Centre 94,162
27 Regents Court 56,422
28 The Aventine 216,139
29 University Pacific Centre 96,670
30 Nobel Corporate Plaza 102,918
31 Nobel Executive Center 119,681
OFFICE CONT.# PROPERTY NAME UNITS
20 La Jolla Village Tennis Club 120
21 La Jolla Vista Townhomes 90
22 Lucera 250
23 Pacific Regent 148
24 Park Place 44
25 Playmor Terrace/University Woods 202
26 Regency La Jolla 574
27 Renaissance - Andria 93
28 Renaissance - Avanti 158
29 Renaissance - Capri 188
30 Renaissance - Casabella 108
31 Renaissance - La Florentine 98
32 Renaissance - Toscana N/A
33 Southpointe 419
34 The Pines 247
35 University Towne Square 143
36 Venetian 365
37 Verano 514
38 Villa Europa 81
39 Villa La Jolla 500
40 Villa Tuscana 184
41 Villa Vicenza 418
42 Villas Mallorca 136
43 Vista La Jolla 117
44 Woodlands North 120
45 Woodlands South N/A
CONDOMINIUM CONT.
Aerial Banner Legend Cont.
# PROPERTY NAME UNITS
1 Whispering Pines 76
2 La Jolla Crossroads 1537
3 Towers at Costa Verde II 295
4 Towers at Costa Verde 294
5 Regents Court 251
6 La Jolla Palms 232
MULTIFAMILY
MULTIFAMILY CONT.# PROPERTY NAME UNITS
7 Regents La Jolla 334
8 Costa Verde Village 1257
9 Solazzo 296
10 Villas of Renaissance 922
11 La Regencia 560
12 La Scala 354
13 La Jolla del Sol 381
14 Trieste Apartment Villas 302
15 La Jolla Park West 60
16 Archstone La Jolla Colony 180
17 Nobel Court 267
18 La Jolla International Gardens 400
19 La Jolla Park East 75
20 Mirada at La Jolla Colony 444
21 Avana La Jolla 312
22 Valentia 318
23 Village Square 115
24 Torrey Pines Village 134
25 La Jolla Nobel 108
26 Pacific Gardens- UTC 156
27 Canyon Park 222
28 La Jolla Canyon 157
29 La Jolla Terrace/La Jolla View 160
30 Villa La Jolla 145
31 Village View 50
32 University City Village 185
33 Westwood 393
# PROJECT NAME UNITS
1 Pacific Regent La Jolla 148
2 The Patrician 136
3 Vi at La Jolla Village 403
SENIOR HOUSING
UTC: Dynamic Mixed-Use Market
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la Jolla VillaGE dr
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CBRE | Page 8
Torrey Pines Trolley Line
MTS - Mid-Coast Corridor Transit Project
• The Mid-Coast Trolley will extend an additional 11 mile Light Rail extension from Old Town to UTC
• Nine Stations are to be added one of which is located at the entrance to La Jolla Village Square off of Nobel Drive
• This extension will provide surrounding residents, UCSD students, faculty and staff as well as Scripps Memorial Hospital faculty and staff an efficient transit connection to La Jolla Village Square and will provide a reliable Trolley service throughout the corridor
• The population along the corridor is predicted to increase 19 percent by the year 2030, while employment is predicted to increase 12 percent
Trolley Station (Coming Soon)
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Nobel Drive Station - Site Plan
UNIVERSITY COMMUNITY STATIONS
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Nobel Drive Station - View Southwest Towards Retail
UNIVERSITY COMMUNITY STATIONS
$1.7 Million RENOVATION OF
ENTRANCE TO AMC THEATER JUST
COMPLETED
Pacific Dental
UPPER LEVEL
Pier 1
Pacific Dental4,126 SF
82,951 SF
Starbucks 1,369 SF
Chipotle Mexican Grill3,073 SF
Healthy Back1,666 SF
14,000 SF
12,774 SF
34,875 SF
12,440 SF
18,385 SF
Union Bank2,925 SF
California Pizza Kitchen5,354 SF
Islands Restaurant5,969 SF
Pick Up Stix1,508 SF
Croutons Restaurant1,502 SF
UC Cyclery2,998 SF
Best Buy Garage1,007 SF
UPPER LEVEL
Pier 1
LEASE EXPIRATIONS
Expire 2017 4,471 sqft
Expire 2018 9,098 sqftExpire 2019 117,114 sqftExpire 2020 2,998 sqftExpire 2021+ 122,118 sqft
Expire 2015 141,112 sqfExpire 2016 12,774 sqf
Available 6,650 sqf
SUITE OR UNIT ID
CURRENT TENANT NAME OR VACANT
101 Jamba Juice
103 Fins Mexican Eatery
105 Daphne's Greek Café
107 Supercuts
109 Poke One N Half
111 Marshall's
113 Best Buy
117 Cost Plus
119 Ulta Salon
121 Sol Yoga
121B Deseret Books
125 Available 1,585 SF
127 Schlotzsky's Deli
129 AMC Theatres
131 AT&T
135 Ross Stores
201 Ralphs
205 Starbucks Coffee
207 Healthy Back Store
209 Chipotle Mexican Grille
210 Trader Joes's
211 Pacific Dental
215 La Jolla and Fencing Academy
221 Pier 1 Imports
223 Pet Smart
231 Bassett Furniture
233 DSW
A-1A Union Bank
A-1B UC Cyclery
A-2 Urban Plates
PAD B Islands Restaurant
PAD C California Pizza Kitchen
INST 1 Best Buy
KSK E Cox PCS Assets LLC
UTL1 Verizon Wireless
UTL2 T-Mobile USA Inc
STARBUCKS
CBRE | Page 10
LOWER LEVEL
25,244 SF
51,547 SF
17,825 SF37,854 SFJamba Juice 1,650 SF
Fins Mexican Eatery - 1,794 SFDaphne’s Cafe - 1,940 SF
Supercuts - 1,381 SF
Zpizza - 1,457 SF
15,282 SF
Schlotzsky’s Deli1,987 SF
Ginza Sushi1,785 SF
Deseret Books3,014 SF
California Pizza Kitchen5,354 SF
Islands Restaurant5,969 SF
Sol Yoga2,666 SF
31,564 SFAT&T
5,762 SF
LOWER LEVEL
LEASE EXPIRATIONS
Expire 2017 4,471 sqft
Expire 2018 9,098 sqftExpire 2019 117,114 sqftExpire 2020 2,998 sqftExpire 2021+ 122,118 sqft
Expire 2015 141,112 sqfExpire 2016 12,774 sqf
Available 6,650 sqf
Suite 1251,585 SF
CARRIE BOBBVice President+ 1 858 404 [email protected]. 01382015
FOR MORE INFORMATION: REG KOBZISenior Vice President+ 1 858 546 [email protected]. 00917639
© 2017 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
