Harbor Associates, LLC is a successful buyer and owner in the office market, specializing in value-add and opportunistic properties. Despite challenges posed by the pandemic and remote work trends, Harbor Associates successfully leased out all 39,357 square feet of their Bungalows Del Mar Office space. This has led to a rare opportunity for leasing as one of their offices totaling 2,086 square feet has become available for the first time in almost five years.
In partnership with Bascom Group LLC., Harbor acquired the Del Mar office property at 2010 Jimmy Durante Blvd. Their goal was to revamp this asset to attract a wider range of tenants. The renovations included an exterior redesign as well as new creative office spec suites featuring exposed vaulted ceilings, skylights,and operable windows.
Joon Choi , principal at Harbor Associates stated that they took advantage of the building’s prime location near boththe beach and Villageof Del Mar by upgrading outdoor spacesand patios into “outdoor meeting rooms”. They also added amenities suchas locker rooms with showersand electric car chargers.This attractive packagehas made it easyfor their leasing team consistingof Joe Andersonand Brooks Campbell from Cushman & Wakefieldto secure strong interest from potential tenants.However,due to high demand,the company currently does not have any vacant space availableto accommodate this interest,making ita success storyinDelMarforHarborAssociates.
