INDUSTRIAL PROPERTY SHOWCASE – 1031-EXCHANGE?

Santa Cruz

2155 Delaware Avenue | The Westside Launchpad | 44,168 SF | $10,800,000 ($244.52/SF)

Executive Summary — Where Innovation Meets Ocean Breeze
Welcome to 2155 Delaware Avenue, Santa Cruz’s Westside crown jewel—a creativity crucible perched at the nexus of lifestyle, talent, and opportunity. This 44,168 SF two-story office and R&D epicenter delivers what we call the Dual-Phase Advantage: second-floor ocean-view offices that inspire big ideas, paired with ground-floor flex space ready for biotech, labs, light assembly, or high-impact collaboration. Walking distance to Natural Bridges Beach and the Rail Trail Corridor (RTC), this site immerses employees in a living, breathing innovation ecosystem. Here, work doesn’t just happen—it thrives.

Why It Works — Velocity & Vision

• Pacific Panoramas: Spark creativity with sweeping second-floor ocean views.
• Turnkey Brilliance: Fully improved, move-in-ready offices with above-standard tenant improvements.
• Flexibility DNA: 22,000 SF of ground-floor flex adapts to biotech, labs, offices, or hybrid setups.
• Lifestyle Magnet: Trails, beaches, and local hotspots reinforce employee wellness and retention.
• Parking Plus: 75 spaces, making commutes smooth while preserving a world-class work environment.
• Location Leverage: IG zoning opens doors to innovative uses and creative expansions.

Property Facts — Specs with Substance

• Sale Type: Investment or Owner-User
• Building Size: 44,168 SF
• Year Built: 2002
• Price: $10,800,000 ($244.52/SF)
• Tenancy: 100% Leased, Multiple
• Floor Plate: 22,084 SF typical
• Lot Size: 2.70 AC
• Zoning: IG – IGP2
• Parking: 75 Spaces (1.7/1,000 SF)

Strategic Angle — Generational HQ Potential
2155 Delaware Avenue isn’t just real estate—it’s a talent magnet, a lifestyle enhancer, and a brand amplifier. Ideal for owner-users seeking a flagship HQ or investors looking for a 100% leased asset in a lifestyle-rich market. The Westside is a global talent draw, ensuring your organization thrives alongside the surf, the sun, and the city’s creative pulse.

Bottom Line — Ride the Westside Wave
This is a generational acquisition for those who value culture, creativity, and return. 2155 Delaware Avenue puts your organization at the heart of Santa Cruz’s innovation tide.

Links

Argossy International Properties
Santa Cruz Economic Development Dept