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Encore Capital Group Moves Into Amerpsand Complex

Encore Capital Group, a global specialty finance company, has moved its headquarters into the recently redeveloped Ampersand campus in Mission Valley.

 Encore Capital, which previously occupied seven floors in two separate buildings in Mission Valley, has consolidated its footprint into a 95,000-square-foot space on the entire third floor of Ampersand.

"We're a very collaborative organization and have been looking for a single location where employees could be on one floor, with an open concept design," said Mike Merle, Encore Capital's managing vice president of human resources and facilities, in a statement.

"In just a few weeks at Ampersand we've really been able to connect as a company, both in our daily work and socially. We believe these connections will translate into an even stronger corporate culture." 

The Ampersand property, which used to be site of the San Diego Union-Tribune, totals 340,000 square feet and is owned by the Casey Brown Co.

The complex recently underwent a $40 million transformation during the past two years. 

Derek Applbaum, Andrew Gooliak and Evan Djikas of Colliers International represented Encore Capital.

Matt Carlson, Jeff Oesterblad and Ryan Grant of CBRE Group, Inc. represented the developer, Casey Brown Co., in the lease deal.

Ampersand features large floor plates, abundant natural light, nine patios and high-volume industrial-style space across two interconnected buildings at 350 Camino de la Reina.

The interior design features exposed brick, concrete pillars, 14-foot ceilings, and floor-to-ceiling glass windows.

 "Last year, Encore Capital Group signed a lease in a partially completed development with plenty of dust and dirt, but they saw the historic bones of the project and they believed in the vision," Casey Brown Co. principal Casey Brown said in a statement. "This month, they moved into a beautifully completed project with exceptional amenities and outdoor spaces and now everyone can experience how special this project really is."