Conrad Prebys Foundation Signs Lease for 19,000 Square Feet at DivcoWest’s Kettner & Ash Building in San Diego’s Little Italy

San Diego – June 27, 2024 – DivcoWest, a DivCore Capital company, and its partner Ocean West Capital Partners LLC, announced that the Conrad Prebys Foundation, a $1.2 billion San Diego-based nonprofit, signed a lease for a full floor at Kettner & Ash, in the heart of San Diego’s Little Italy neighborhood. Derek Hulse and Morgan Reno of Cushman & Wakefield represented the landlord.

Kettner & Ash is a 123,000 s.f. fully modernized midrise office building at 1420 Kettner Boulevard. DivcoWest and Ocean West purchased the building in late 2017, becoming only the second owners in the last 63 years. They immediately began an extensive Gensler-designed renovation including a contemporary façade with an energy-efficient clear glass wall curtain.

Prebys Foundation is the sixth tenant to call the building home under the new owners. In October 2018, co-working specialist Spaces signed a long-term lease for three floors totaling 43,540 s.f. Boston-based general contractor Suffolk Construction, HR software provider Paycom, national architect Perkins & Will, and Birdrock Coffee Roasters have also signed.

Kettner & Ash is in an attractive location for tenants as it sits in the popular Little Italy neighborhood and is surrounded by restaurants, cafes, and other lifestyle amenities. The building itself features a large atrium-style lobby with a 5-story LED screen displaying digital artwork. Kettner & Ash also offers tenants an expansive event patio on the third floor with indoor and outdoor seating, entertainment space, and a dedicated kitchen. The building provides tenants with spa-quality locker rooms with showers.