643-665 Fifth Avenue San Diego, CA 92101
ONE BUILDINGS, 17,365 SQ. FT.
STORIES: TWO
TYPE: MIXED USE, HIGH-END RETAIL
YEAR BUILT: 1912
TENANCY: MULTI
Urban Collective is a 17,365 square foot historic high-street retail property situated at the highly trafficked corner of 5th Avenue and G Street in the Gaslamp Quarter within Downtown San Diego. The asset benefits from strong walkable demand and a diverse tenant mix that leverages the Gaslamp’s role as a primary local and visitor destination.
For decades, Urban Collective has been part of the fabric of the Gaslamp, surrounded by more than 200 restaurants, bars, entertainment venues, and nightlife destinations. Just steps away is Petco Park, home of the San Diego Padres, anchoring the area with year-round events, games, and concerts.
With unmatched visibility, foot traffic, and proximity to San Diego’s most dynamic attractions, Urban Collective offers a location that blends historic character with modern urban energy, right where the city comes alive.
Acquired in December 2025 all-cash, the Urban Collective fit the acquisition criteria due to its best-in-submarket location and long-term appreciation potential. Located immediately next to the Borders Building, there are expected long-term synergies between owning both properties along G St between 5th and 6th Avenue in the Gaslamp District. Additionally, the asset was purchased at 84% occupancy, providing a near-term leasing value-add opportunity.
This Class B Office building was approximately 96% leased when acquired and represented an opportunity to improve the quality of an already stabilized asset.
Mission Square Shopping Center is a coastal retail center of approximately 161,500 rentable square feet situated on 11.67 acres in Oceanside.
The Borders Building is located in San Diego’s Gaslamp District, one of San Diego’s ultimate tourist and urban destinations.