Dexcom

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  • Size: 218,815 SF
  • Location: Sorrento Mesa
  • Requirement: Diagnostics and Cleanroom

Dexcom interviewed the top brokerage firms in San Diego and selected C&W to represent their interests in expanding and/or relocating all or a portion of their operation. An adjacent 90,000 sf building was coming vacant and, while that seemed like the obvious solution, they wanted to vet this option, compete it, and secure flexibility to meet their dynamic company growth. The C&W team spent months programming and strategizing, and quietly creating leverage, rather than rushing to market. We demonstrated a need for about 1/2 of the adjacent building, and secured a dramatic phased take-down, free rent and TI’s for the new and existing buildings, secured several termination rights for maximum flexibility, and even an above market parking solution.

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