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655 West Broadway

Updated Jul 7, 2025

ESET And Northwestern Mutual Sign 10-Year Leases At 655 West Broadway In San Diego
LEASEDOffice

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

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

Jeff Oesterblad

CBRE

Broker

$6.8M

vol

2 deals

Broker
Northwestern Mutual
Northwestern Mutual Lender
Northwestern Mutual
Northwestern Mutual Tenant

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

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