Payton Saca And John Saca Secure $91 Million Loan For 600 West Broadway Office In San Diego
600 West Broadway
$91,000,000
$140/SF
Building Size
650,000 SF
Asset Type
Office
Closing
Oct 29, 2025
AI
The property involved in this transaction is an office asset located at 600 West Broadway in San Diego, comprising a total square footage of 650,000. The deal secured a loan amount of $91,000,000, categorized as an acquisition loan, with terms spanning 5 years.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $91,000,000
- Address: 600 West Broadway
- Market: San Diego
- Asset Size: 650,000 SF
- Lender: Eric Green & Will Berger - Rialto; Brett Norton - Hines
- Landlord: Payton Saca & John Saca
- Landlord's Representative: Rob Rubano, Ernesto Sanchez & JP LeVeque - Cushman & Wakefield
- Loan Type: Acquisition
- Loan Terms: 5 years
The key individuals involved in this transaction include the landlords Payton Saca and John Saca, along with their representatives from Cushman & Wakefield, Rob Rubano, Ernesto Sanchez, and JP LeVeque. The lenders on the deal are Eric Green and Will Berger from Rialto, and Brett Norton from Hines.
Players
San Diego Office Market Snapshot
Boundary boundary · Office · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93