CBRE Arranges 45,000 Square Feet of Leases at 655 Broadway in San Diego

ESET and Northwestern Mutual both committed to 10-year leases totaling 45,000 square feet at 655 West Broadway, owned by MetLife Investment Management and leased by CBRE.

CBRE's Jeff Oesterblad, Chuck Reiter, Luke Williams and Anna Andrade represented the landlord in both transactions.

"We were able to navigate two different transactions for our client, MetLife Investment Management, in a dynamic downtown submarket," said Mr. Reiter, senior vice president at CBRE. "We understood the problems both customers faced and adequately addressed them to earn their trust into committing long-term to 655 West Broadway.

Both leases were full-floor deals at the Class A office building in downtown San Diego. ESET leased 24,233 square feet on the seventh floor, and Northwestern Mutual leased 21,837 square feet on the 17th floor. The building provided robust amenities, including an arcade, fitness center, conferencing center, coworking lounge, and deck655, an 8,500-square-foot-indoor-outdoor event space on the sixth floor.

"Both tenants were drawn to 655 West Broadway because of its ideal location and amenities," added Mr. Reiter. "These pieces will help each company's employees return to the office."

The 23-story office building, built in 2005, is currently at 92.1% occupancy with a diverse mix of tenants, including Robbins Geller, Cetera, RBC Wealth Management and Buchalter.