Saturday, June 7, 2014

HFF secures joint venture equity for high-rise mixed-use property acquisition in San Diego’s Broadway Corridor


625 Broadway, Downtown San Diego, CA

SAN DIEGO, CA – HFF announced it has secured joint venture equity for the acquisition of 625 Broadway, a 222,301-square-foot, mixed-use property in the Broadway Corridor of downtown San Diego.

               HFF worked on behalf of Hammer Ventures to arrange the joint venture equity to acquire the building.

625 Broadway, or the 6th and Broadway Building, was the first high-rise built in downtown San Diego. 

The project includes 186,636 square feet of office space, 35,665 square feet of fully leased, “high street” ground floor retail and a 376-space parking structure. 

625 Broadway is situated at the 6th and Broadway gateway to the Gaslamp Quarter close to the 5th Avenue Trolley Station, Westfield Horton Plaza, Petco Park, San Diego Convention Center and the downtown business district. 

The HFF team representing the borrower was led by associate director Bryan Clark.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
tel (main) 617-338-0990 | (direct) 617-848-1572 | cel 617.543.4873 | www.hfflp.com

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