SAN DIEGO, Calif. – June 26, 2018 – Cushman & Wakefield announced today that Thomas Jefferson School of Law has signed a new lease to reposition but retain its campus within the heart of downtown San Diego, California. The Law School leased a total of 56,338 square feet spanning two full floors at 701 B Street, a 24-story Class-A high-rise totaling 571,333 of premium office space. The relocation is part of Thomas Jefferson’s “Move Forward” plan, which demonstrates the Law School’s commitment to providing high-quality education to its students based on three core concepts: Rightsizing, Reallocating, and Repositioning.
In what will be a proximate move and downsize, the Law School’s new campus will be about one-third of the square footage of its existing campus that currently resides in an eight-story building in downtown San Diego’s East Village approximately five minutes away. The Law School will be provided its very own entrance and private elevator to service its new premises at 701 B Street.
Tenant rep specialists Tom van Betten and Casey Sterk with Cushman & Wakefield’s local San Diego office represented Thomas Jefferson in the new long-term lease. 701 B Street is owned by EMMES, which was represented by Derek Hulse and Philip Roberts also of Cushman & Wakefield.
In a formal statement recently released by Thomas Jefferson School of Law, “The new campus is an important investment in strategic planning for the Law School, streamlining the educational experience for students and faculty alike. 701 B Street is central to the heart of a thriving downtown and close to multiple transit options and housing. It is just blocks from the new Central Courthouse, California Court of Appeal, Federal Courthouses and many law firms.
Reduced footprint and overhead will empower the Law School to reallocate funds to provide scholarship opportunities for students – including the Law School’s comprehensive and guaranteed scholarship awards, some of which include full tuition and housing grants.
Additionally, the new campus’ Class-A building aligns with the Law School’s student-first vision and its commitment to providing an even more meaningful and engaged learning environment. Repositioning with smaller classes will afford students more one-on-one attention and support from faculty and administration, helping better prepare students for the practice of law from their first year through graduation.”
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