California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Rockwood Capital Picks Up B Street Corridor Asset for $109M
Rockwood Capital, LLC acquired 600 B Street, a 359,278-square-foot, institutional-quality, Class A office tower in downtown San Diego from a partnership between Lincoln Property Company and Angelo, Gordon & Company. HFF arranged the $109.5 million sale of and $81.2 million acquisition financing for the asset.
600 B Street is a 24-story tower that is 89.7% leased to 33 tenants, including WeWork, The San Diego Union-Tribune, MiTek and Robbins Arroyo. Situated on 1.38 acres in San Diego’s B Street corridor, 600 B Street takes up an entire city block between Sixth and Seventh Avenues.
The HFF team that marketed the property on behalf of the seller included Nick Psyllos, Nick Frasco, Ryan Gallagher, Taylor Bergthold and Kara Mathis. The HFF debt placement team representing the new owner included Aldon Cole.
Photo credit Bill Robinson
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Sale/Acquisition


