A dark cloud has fallen over the tallest tower in Little Italy. Its owner is facing foreclosure as well as legal challenges and the threat of repaying tens of millions in debt on the eye-catching office building.
West Ash Operating LLC was hit with a breach-of-contract lawsuit in San Diego Superior Court on Jan. 7 over missing payments on their $33 million loan.
The building lender claims that as the owner, West Ash, has not made payments on the property since March 1 of last year.
Assured Lenders Services Inc., acting on behalf of A10 Capital, the lender, claims that Gemini Rosemont Realty, linked to the LLC, failed to respond to a Dec. 4, 2025 notice of default demanding payment of $30 million.
A10’s notice stated that two agreements were made on March 10, 2017, one to lend $17 million for the property and the other, $15.9 million. The borrower was officially in default one year ago, March 1, 2025.
Additionally, A10 alleges that Gemini Rosemont granted others the right to use the property, known as an easement agreement, while being unauthorized to do so.
This agreement was made on Nov. 24, 2021, according to the complaint. Gemini Rosemont repeatedly confirmed their acceptance of the easement.
In this agreement, India & Beech LLC allegedly gained the right to use the parking lot next to the office tower at 1460 India Street; they sued West Ash and Gemini-Rosemont over the issue on Oct. 9, 2025.
1460 India Street in Little Italy. This surface parking lot is adjacent to the 610 West Ash office building. India & Beech LLC intended to develop the lot into a multi-level residential building. (Photo by Thomas Murphy/Times of San Diego)Attorneys for the defendants asked Judge Matthew Braner to dismiss the case in January, arguing that the lawsuit is simply a means of pressuring the property owner.
They contend that India and Beech has no legal grounds for their lawsuit. The plaintiff had planned to construct a multi-level residential building on the site.
The defense also argued for moving up the court date. The primary concern is time.
“The cloud on the title impacts such matters as ability to sell, secure financing, and has implications for agreements and relationships with lenders,” Raymond Stockstill wrote in a memorandum from the defense.
Braner agreed to move the court date up to June 26.
Gemini Rosemont purchased the 19-story mid-rise property from Equity Office Properties Trust for $55 million in 2016, using a $29.5 million loan held by Bank of America.
It is valued at $65 million, according to a 2016 assessment.
The company bought 610 West Ash during a three-year, $3 billion acquisition initiative. At the time, officials said that “adding this property to our portfolio sets the stage for further expansion on the West Coast.”
The tower is not fully occupied. The building’s directory says that 17 suites are being used. Fourteen suites are available, totaling more than 60,000 square feet, according to CBRE.
Once recent departure was a Slovakian cybersecurity company, ESET, which chose the Little Italy location to establish a foothold in the North American market. The company stepped away in 2024, taking new office space on West Broadway in Downtown.
Current users include banks, home building companies, a federal Fish and Wildlife office and two restaurants located on the ground floor.
Though Gemini Rosemont lists the Ash Street site among its holdings, an online option to download a brochure about the tower leads to a dead link.
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