February 16, 2017
Renovate America signed a 160,000 square-foot lease at Rancho Vista Corporate Center, at 16409 W. Bernardo Dr. in Rancho Bernardo, CA. The provider of residential PACE financing will relocate its corporate headquarters to the new site from two different buildings in Rancho Bernardo.
Roughly 670 staff will take occupancy in fall 2017 in the three-story building that Swift Real Estate Partners recently acquired from Hewlett-Packard. Rancho Vista Corporate Center is 100% leased, and features office and R&D buildings, totaling 782,211 square feet on 67.5 acres.
Swift plans to invest $12 million on interior improvements to create an employee-centric environment, and $6.6 million to build an adjacent 10,000 square-foot building, as well as other exterior improvements for Renovate America.
CBRE’s Brad Black represented the landlord. CBRE’s Courtney Murphy, Andrew Ewald, David Viani and Bill Dolan advised the tenant.
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