San Diego-based developer, Ambient Communities, buys 266K SF San Diego Highrise Office Tower for $27.5M ($110psf) from Swift Real Estate Partners

  • 10/29/2024

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Ambient Communities, a San Diego-based real estate development company, acquired 530 B Street, a 24-story, 250k sf office tower in downtown San Diego, for $27.5 mil ($110/sf).

Completed in 1966, the building is located at 530 B Street, in the city’s B Street Corridor. It was known as the Union Bank building until U.S. Bank acquired the bank in 2022.

Ambient Communities
Robert Honer | Principal, Acquisitions/Development
Swift Real Estate Partners
Steve Blue | Partner, Managing Director, Southern California

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