Updated Aug 13, 2026
Irvine Co. Sells Office Asset At 225 Broadway San Diego For $48,000,000
225 Broadway
$48,000,000
Units
354,139
Asset Type
Office
Closing
Jul 1, 2025
About this deal
AI
The sale involved an office asset located at 225 Broadway in San Diego, CA, comprising a total of 354,139 square feet. The property was sold by Irvine Co. for a total consideration of $48,000,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $48,000,000.00
- Units: 354,139
- Seller: Irvine Co.
- Market: San Diego, CA
- Sale Date: 07/01/2025
The transaction was executed with representation from the relevant broker involved, although specific individuals or agencies representing the buyer have not been disclosed in this context.
Players
San Diego Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93