February 21, 2024
Road view of 655 Broadway in San Diego. Picture credit score: Courtesy, CBRE

Two new tenants have dedicated to 10-year leases totaling 45,000 sq. ft at 655 West Broadway, owned by MetLife Funding Administration and leased by CBRE.

ESET and Northwestern Mutual would be the new additions to the downtown San Diego high-rise.

CBRE’s Jeff Oesterblad, Chuck Reiter, Luke Williams and Anna Andrade represented the owner in each transactions.

“We have been in a position to navigate two completely different transactions for our shopper, MetLife Funding Administration, in a dynamic downtown submarket,” stated Reiter, a senior vp at CBRE. “We understood the issues each clients confronted and adequately addressed them to earn their belief into committing long-term to 655 West Broadway.”

Each leases have been for full flooring on the Class A workplace constructing. 

ESET leased 24,233 sq. ft on the seventh flooring and Northwestern Mutual leased 21,837 sq. ft on the seventeenth flooring. The constructing offers a number of facilities, together with an arcade, health middle, conferencing middle, co-working lounge, and deck655, an 8,500-square-foot-indoor-outdoor occasion house on the sixth flooring. 

“Each tenants have been drawn to 655 West Broadway due to its superb location and facilities,” Reiter stated. “These items will assist every firm’s workers return to the workplace.”

The 23-story workplace constructing, in-built 2005, is at present at 92.1% occupancy with a various mixture of tenants, together with Robbins Geller, Cetera, RBC Wealth Administration and Buchalter.