There’s pride evident in Russ Sande’s voice as he shares the story of one of his firm’s most notable transactions of the year, also likely the largest pure office transaction ever concluded in San Diego.
Sande, managing principal at Cresa, helped negotiate a build-to-suit project for new office space for LPL Financial, now located in a new 13-story, 415,000-square-foot building at La Jolla Commons. With Cresa’s work, LPL consolidated seven offices with expiring leases into the single-tenant tower. Hines operated as the developer, owner and property manager.
Projects like this lead Sande to say that not once during nearly 40 years of work in the commercial real estate industry has he ever felt bored.