QualityFirst Commercial Finds New Home for Underground Elephant

Top direct marketing and online advertising agency moves to new digs in downtown San Diego

July 7, 2011 - San Diego, CA - QualityFirst Commercial Real Estate (http://www.qualityfirstcommercial.com) announced the completion of the lease transaction between Underground Elephant, Inc., First Wind Energy, LLC and Legacy Partners II SD B Street, LLC for the entire 13th Floor at 600 B Street. Steven Martini of QualityFirst Commercial represented Underground Elephant, Jim Laing of Cushman and Wakefield represented FirstWind Energy and Andy LaDow and Frank Wright represented Legacy Partners.

The complex transaction was composed of a 62-month sublease with First Wind Energy for 9,000 square feet and a 62-month direct lease for 5,220 SF from Legacy Partners. The lease is valued at $1.6 million. By combing both leases Underground Elephant was able to lease the entire 13th floor.

“We could not be happier with our new location and the team at QualityFirst Commercial for finding the opportunity and putting both deals together,“ said Jason Kulpa, President and CEO of Underground Elephant. ”The search initially started over 12 months ago and it was because of their persistence, experience and market knowledge that we were able to put such a good deal together.”

According to the June 2011 San Diego Business Journal, Underground Elephant is one of the Top 10 ‘Best Places to Work ‘ in San Diego.
Underground Elephant (http://undergroundelephant.com) was founded in 2008 and is a performance based boutique ad agency. Their focus revolves around commoditizing information via web-form collection. For a list of their recent local and national accolades, please visit: Underground Elephant Awards.

More About QualityFirst Commercial Real Estate

QualityFirst Commercial is a San Diego based full service commercial real estate firm that was founded in 2010 by Steven Martini. QualityFirst Commercial Real Estate provides a range of commercial real estate services in addition to the traditional brokerage functions of leasing, tenant representation and sales. Their added services include commercial bank real estate-owned (REO) evaluation, commercial real estate management, receivership and advising on non-performing assets. For more information, visit http://qualityfirstcommercial.com.

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