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Business | Prebys Foundation buys Wells Fargo Plaza tower…

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Tuesday, April 22nd 2025

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Prebys Foundation buys Wells Fargo Plaza tower to uplift downtown San Diego

The real estate acquisition is being framed by the philanthropic organization as a business decision that doubles as an investment in the city's struggling central business district.

401 B St., as known as Wells Fargo Plaza, pictured on April 10, 2025. The 24-story office tower has 488,000 square feet of space. Like other buildings in the B Street corridor, Wells Fargo Plaza has struggled with low occupancy. (Alejandro Tamayo / The San Diego Union-Tribune)
401 B St., as known as Wells Fargo Plaza, pictured on April 10, 2025. The 24-story office tower has 488,000 square feet of space. Like other buildings in the B Street corridor, Wells Fargo Plaza has struggled with low occupancy. (Alejandro Tamayo / The San Diego Union-Tribune)
By | jennifer.vangrove@sduniontribune.com | The San Diego Union-Tribune
UPDATED:

The real estate acquisition is being framed by the philanthropic organization as a business decision that doubles as an investment in the city's struggling central business district.

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