Updated Aug 15, 2025
National Conflict Resolution Center Leases 11,296 Square Feet At 401 B Street In San Diego
401 B Street
Building Size
11,296 SF
Asset Type
Office
Closing
Aug 13, 2025
About this deal
AI
The asset involved in the transaction is an office space located at 401 B Street in San Diego, comprising a total of 11,296 square feet. The lease was signed under the new ownership of Prebys Foundation, with no specific transaction amount mentioned.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 401 B Street
- Market: San Diego
- Landlord: Grant Oliphant - Prebys Foundation
- Tenant: Steven Dinkin - National Conflict Resolution Center
- Brokers: Tyler Jemmett, Bryan Bazzi, Anna Barnes & Tom Turner - CBRE
This lease agreement marks the first lease under the Prebys Foundation's ownership. The National Conflict Resolution Center will occupy the space as part of a broader revitalization effort for the tower, with CBRE acting as the representative for both the landlord and the tenant in this transaction.
On the Map
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93