665 5th Avenue

665 5th Ave, San Diego, CA 92101, USA

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Recognizing saw the latent hip appeal of the historic Aztec Theater building in San Diego's Gaslamp Quarter, a pedestrian shopping district which is listed on the National Register of Historic Places, CIM renovated the space with an urban industrial aesthetic defined by exposed brick walls and steel framework. This created an ideal space for retailer Urban Outfitters which became the first national fashion retailer to establish a presence in this evolving neighborhood.

CIM sold this building in 2001.

Investment Highlights
  • Central urban location on corner of 5th Avenue & G Street
  • Ample parking in nearby City-owned structures
CIM views urban investing as a discipline rather than a market niche or a trend.