APARTMENTS • AMLI at Seven Bridges • Harrison Commons Apts/ Penmark Condominiums • La Terrazza at Colma Station Apartments • Park Bethesda Apartments • Munroe Place @ Quincy Center CONDOMINIUMS • E11even Condos • The Palmolive Condominiums • St. Paul Crossing • University Club Tower MIXED USE • Jack London Square • Shadyside • Washington D.C. Site Acquisition OFFICE • Broadway 655 • Central Park East RETAIL • Legacy Village • Tysons Corner Center

Broadway 655
San Diego, California

The opportunity to build high-rise office space in downtown San Diego required foresight into local market conditions. While the downtown area has seen an explosion of residential development, the office market had remained relatively stable. However, after years of slow, but steady, improvement in downtown San Diego real estate market fundamentals, the time was right for new high-rise office development. As a result, the Broadway 655 project is the first commercial high-rise building built in downtown San Diego in nearly 15 years. NEBF worked with its local development partner to secure a key anchor tenant in order to get the project off the ground. NEBF also structured the investment in such a way as to allow co-investment with an off-shore equity partner. Market insight, perseverance and flexibility were hallmarks of NEBF’s role in making the Broadway 655 project a reality.

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