Updated Jul 7, 2025
ESET And Northwestern Mutual Sign 10-Year Leases At 655 West Broadway In San Diego
655 West Broadway
Building Size
46,070 SF
Asset Type
Office
Closing
Nov 29, 2023
About this deal
AI
CBRE has facilitated a lease transaction for a Class A office building located at 655 West Broadway in downtown San Diego. The property spans a total area of 46,070 square feet, making it a substantial commercial space in the area.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 655 West Broadway, San Diego
- Market: San Diego
- Tenants: ESET, Northwestern Mutual
- Brokers: Anna Andrade, Chuck Reiter, Jeff Oesterblad, Luke Williams
- Lease Term: 10 years
ESET and Northwestern Mutual have made commitments to lease a combined area of 46,070 square feet for a period of 10 years at 655 West Broadway. The deal was facilitated by CBRE, who highlighted the prime location and amenities offered by the Class A office building, making it an attractive option for these tenants.
Players
Cameron Office Market Snapshot
Boundary boundary · Office · Lease transactions
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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