Holliday Fenoglio Fowler L.P.'s senior managing director Nick Psyllos, senior director Nick Frasco, senior managing director Ryan Gallagher and analysts Taylor Bergthold and Kara Mathis represented the seller in the sales transaction. In addition, HFF's debt-placement team including managing director Aldon Cole represented the new owner in arranging a three-year, floating-rate, interest-only acquisition loan with two one-year extensions with HSBC Bank USA for $81.2 million.

An iconic building Downtown, 600 B features floor-to-ceiling windows; highly efficient, column-free, 15,000-square-foot floor plates; panoramic bay and city views; and ground-floor lobby finishes with flame granite pavers, wood paneling and stainless-steel accents. The ENERGY STAR®-rated building has an on-site parking structure consisting of three subterranean levels housing 312 parking stalls.

The 24-story tower is 89.7% leased to 33 tenants, including the San Diego Union-Tribune, MiTek and Robbins Arroyo. Situated on 1.38 acres in downtown San Diego's B Street corridor, 600 B Street takes up an entire city block between Sixth and Seventh Avenues. The property has a Walk Score® of 99 and is proximate to more than 25 restaurants, nine banks, 600 hotel rooms, five trolley stops and 3,300 residential units.

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SAN DIEGO—Rockwood Capital has purchased 600 B St., a 359,278-square-foot, institutional-quality, class-A office tower in Downtown San Diego free and clear of existing debt from a partnership between Lincoln Property Co. and Angelo, Gordon & Co. for $109.5 million. The office property that has made headlines recently for its leases to co-working and software firms.

GlobeSt.com was unable to reach the new owner before deadline for comment on its plans for the property.

The building is among those experiencing a resurgent interest by office tenants in city locations. As GlobeSt.com reported in February, San Diego's Downtown neighborhood has continued to up its appeal since older buildings have been converted into creative office or retail spaces and towers have received upgrades. Among those companies that have been adding space in this part of town are WeWork, which opened two of its six leased floors covering 88,000 square feet at 600 B St., joining several smaller-scale co-working operators in the area.

San Diego companies are continuing to be drawn to the Downtown market and this building; for example, as GlobeSt.com reported in November 2016, Mitek, a global leader in mobile-capture and identity-verification-software solutions, signed a lease in late 2016 for 29,000 square feet of class-A, ground-floor office space at 600 B St., relocating from its previous headquarters at 8911 Balboa Ave.

Holliday Fenoglio Fowler L.P.'s senior managing director Nick Psyllos, senior director Nick Frasco, senior managing director Ryan Gallagher and analysts Taylor Bergthold and Kara Mathis represented the seller in the sales transaction. In addition, HFF's debt-placement team including managing director Aldon Cole represented the new owner in arranging a three-year, floating-rate, interest-only acquisition loan with two one-year extensions with HSBC Bank USA for $81.2 million.

An iconic building Downtown, 600 B features floor-to-ceiling windows; highly efficient, column-free, 15,000-square-foot floor plates; panoramic bay and city views; and ground-floor lobby finishes with flame granite pavers, wood paneling and stainless-steel accents. The ENERGY STAR®-rated building has an on-site parking structure consisting of three subterranean levels housing 312 parking stalls.

The 24-story tower is 89.7% leased to 33 tenants, including the San Diego Union-Tribune, MiTek and Robbins Arroyo. Situated on 1.38 acres in downtown San Diego's B Street corridor, 600 B Street takes up an entire city block between Sixth and Seventh Avenues. The property has a Walk Score® of 99 and is proximate to more than 25 restaurants, nine banks, 600 hotel rooms, five trolley stops and 3,300 residential units.