Drawbridge Secures 55 KSF Tenant in San Diego

The Rancho Bernardo property will be ready for occupancy later this summer.

16707 Via Del Campo Court

Via Del Campo Court II is the first building constructed on a speculative basis in Rancho Bernardo in more than a decade. Image courtesy of Drawbridge Realty

Netherlands-based semiconductor manufacturer ASML has signed a long-term lease agreement with Drawbridge Realty for 55,227 square feet at Via Del Campo Court II, an 80,720-square-foot office and R&D building in San Diego, currently under construction. JLL brokered the transaction.

The firm will occupy the second and third floors at the three-story development that will be ready for occupancy later this summer. Drawbridge broke ground on the project last March.

Via Del Campo Court II is the first speculative building to have been constructed in the Rancho Bernardo submarket in more than a decade. Located at 16707 Via Del Campo Court, the property is near Interstate 15 and roughly 24 miles north of downtown San Diego, having access to retail and dining options in the nearby 4S Ranch neighborhood.

JLL Senior Managing Director Tim Olson and Managing Director Jay Alexander represented the landlord, while Executive Vice President Damon Melda worked on behalf of the tenant.

Drawbridge currently owns 48 buildings across 12 markets, totaling some 6.1 million square feet. The firm recently secured a 90,000-square-foot lease extension at another Rancho Bernardo property.