The Gildred Companies Announce Partnership with Jones Lang LaSalle

Two legacy companies join forces to reimagine and reinvent signature Gildred Co properties

SAN DIEGO, CA – APRIL 28, 2021 – The Gildred Companies is pleased to announce its partnership with Jones Lang LaSalle for four of its premiere properties in San Diego’s North County area. Gildred and JLL partnered with the common goal of continuing to modernize all the projects in the portfolio through rethinking ideal spaces and usage as well as the overall vision. The projects will involve rebranding some legacy properties and renovating where it makes the most impact for tenants and visitors.

JLL will partner with The Gildred Companies on four signature properties the recently remodeled Ocean Point in Carlsbad, La Costa Meadows as well as the properties located at 2120 Las Palmas Drive and 2075 Corte Del Nogal, totaling 191,000 sf.

The most recent renovation effort owned and operated by The Gildred Companies is its Ocean Point project in Carlsbad, California. Located at 5411-5451 Avenida Encinas, it is an 82,991 square-foot office park that was formerly an attractive but plain industrial property. The renovation transformed the space into a contemporary and inviting flexible park including both industrial and creative work environments.

“We are excited about the relationship with JLL” said Gregg Haggart, The Gildred Companies’ CEO. “Their demonstrated focus on technology, sustainability and how spaces impact the people who use them is a welcome complement to our portfolio of properties.”

“The Gildred Companies is a well-known and respected landlord who takes pride in ownership and the companies who occupy space in their buildings” said Chris Baumgart of JLL. “We value the opportunity in aligning JLL brokerage services and Gildred and are excited about the new partnership.”

Prospective tenants can learn more by contacting JLL Chris Baumgart at (858) 736 1710 or Steve Field at (949) 310 4422.

About JLL
JLL is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion, operations in over 80 countries and a global workforce of more than 91,000 as of December 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

About The Gildred Companies
The Gildred Companies began in 1929 with the construction and operation of the landmark San Diego Fox Theater Building, now Copley Symphony Hall and Symphony Towers. Today The Gildred Companies is a diversified organization with assets throughout Southern California including a portfolio of industrial and business parks, new developments in real estate and renewable power, and strategic investments in complementary business opportunities. Learn more at www.gildredco.com.