EMMES Realty Services Signs Lease with Software Startup Star Measurabl

Downtown San Diego Office Building Attractive to Innovative Companies

Feb. 5, 2020, San Diego, CA. – While the San Diego region has long been known as a hotbed of innovation, companies like EMMES Realty Services of California LLC have played a big role in helping to attract a vibrant startup culture to downtown.

One of those innovative companies is Measurabl, a rapidly growing ESG (environmental, social, and governance) data management platform supporting the commercial real estate industry that recently completed its 9,500 square foot office space at EMMES' downtown 707 Broadway building. The Measurabl team, led by Founder and CEO Matt Ellis, chose 707 after looking at office spaces of many different styles throughout central San Diego. The team ultimately chose to move downtown because of the collective opportunity to grow and support its culture. The new office gives the team room to grow as well as access to the many walkable amenities downtown has to offer, including public transportation.

"We wanted a location that would ensure our employees were not impacted dramatically by the move while offering accessibility to public transportation, a variety of local restaurants and shops, and a creative, bustling environment to keep our team energized," Gabri Cuevas, operations manager at Measurabl, said. "With the Santa Fe Depot being less than a mile from our office, all the amenities of downtown and the added benefit of supporting the Padres after work, it made sense to continue Measurabl's growth in the diverse and vibrant environment of downtown."

707 Broadway – which has been attracting innovative companies – is especially appealing to socially conscious companies with its 30 EV chargers, on-site game room, bike storage room and craft coffee café called the Bean Box. The dog-friendly building, which is also ENERGY STAR rated, also includes an updated conference room and complimentary fitness center.

"As an ESG data management tool for the commercial real-estate industry, we were uniquely interested in the energy efficiency of the building and value the owners placed on their environmental impact," said Jessica Mangona, vice president of operations at Measurabl. "This, paired with the ability to build out a large, open floor plan for our team with all the amenities, we sought made 707 Broadway an easy choice."

For EMMES – owner of four downtown office buildings and a parking garage with Tesla superchargers – attracting tenants like Measurabl adds to downtown's growing innovation prowess.

"We strive to make our buildings places that companies like Measurabl want to do business; places that their employees are proud to come to work," said Christine Takara, director of customer experience at EMMES.

Founded in 2013, Measurabl plans to add to downtown's vibrant scene by expanding its involvement in the San Diego community and adding personnel to facilitate growth.

"We've grown quickly; we now have 80 employees, the majority of whom are based in our San Diego headquarters. With the focus on ESG data rapidly increasing, we will continue to build our team to support our growing client base," Mangona said.

In fact, Measurabl has deep roots in San Diego. The company's CEO Ellis has degrees from both UC San Diego and San Diego State University and some of the company's employees are former UCSD water polo players. By continuing to grow in San Diego, Measurabl has been able to invest in the community in unique ways.

"San Diego is our home. Even for employees who have moved from other locations, it's incredibly powerful for them to be quickly ingrained, not just in a company culture, but a city culture," Mangona said. "We're in a fortunate position to work with individuals from all over the world. This allows our team to learn new ways of thinking and problem solving, as well as hold a bigger appreciation for various approaches."

Downtown San Diego is a growing hotbed for startups. Although it can be overlooked as a tech hub when compared to San Francisco, this city has a unique set of factors that make it the perfect place to build and grow a company.

"With the increased cost of living and intense travel times, talented tech minds are leaving cities like San Francisco and New York to find a more intimate, balanced environment," Cuevas said. "These individuals, paired with the already incredible talent pool we have within San Diego, bring some of the most creative and focused minds together that produces truly unique startups."

About EMMES

EMMES Realty Services of California LLC is a member of The EMMES Group of Companies. Founded in 1992, with offices in New York and California, The EMMES Group of Companies and its affiliates are engaged in principal real estate investments, funds management and real estate services. For more information, visit www.emmesco.com.

About Measurabl

Measurabl is the world's most widely adopted ESG data management platform for commercial real estate. With 45,000 commercial buildings representing 8.5 billion square feet across 75 countries, Measurabl helps the world's smartest companies measure, manage and disclose their sustainability performance. From automated utility data sync to building and portfolio benchmarking to advanced reporting, Measurabl moves sustainability data from meter to market.

Return to: 2020 News Releases