State Compensation Insurance Fund has purchased a 158,785-square-foot Class A office building at 35 N. Lake Ave. in Pasadena, CBRE announced. Los Angeles Business First reported the purchase price as $33 million. The... Read more »
Mata Construction Services, Inc., a Los Angeles–based general contractor, has completed construction of a new 20,000-square-foot headquarters workplace for Wedbush at the Pasarroyo office campus in Pasadena’s South Lake district. Designed by... Read more »
Pasadena officials sided with housing production over neighborhood resistance, clearing the way for a contentious 46-unit condominium project despite months of design complaints. On Monday, the Pasadena City Council unanimously denied an... Read more »
Donald Bren’s Irvine Company sold an office building located in downtown Pasadena to East West Bank for about $98 million, records reveal. That’s a steep decline from its $144 million purchase price... Read more »
Slatt Capital, a nationally recognized commercial mortgage banking firm, closed a financing transaction totaling $10.2 million for a mixed-use project in Pasadena. San Diego-based principal Gary Goss led the refinancing transaction for The Standard,... Read more »
The historic Chamber of Commerce office building in Pasadena has been purchased by a locally based investor. Pasadena-based investor Pete Kutzer and his company Edgewood Realty Partners bought the Chamber of Commerce... Read more »
The area surrounding the Metro A Line’s Lake station in Pasadena could look different if the city signs off on a proposal from 4D Development. The Pasadena Design Commission is set to... Read more »
One of downtown Los Angeles’ familiar tenants is pulling up stakes as the office rental market continues to contract from shrinking occupancy stoked by the pandemic. Financial services firm Wedbush Securities has... Read more »
A school district in the San Gabriel Valley plans to develop its own workforce housing with an education-to-residential conversion of a shuttered school. Members of the Pasadena Unified School District Board of... Read more »
Marcus & Millichap closed the sale of 1471 Fair Oaks Ave., an 18-unit apartment property in Pasadena. The asset changed hands for $4 million, or $222,222 per unit, at a cap rate... Read more »