The 280,000-sf complex consists of three office campuses at 2555 Colorado Blvd., 133-171 N. Altadena Drive and 2500-2570 Foothill Blvd. It was purchased by a private partnership known as Pasadena Business Park LLC from a family that acquired the development several years ago.
The complex will be renamed the East Pasadena Business Park, says R. Scott Martin, the Charles Dunn Co. Tri-Cities broker who represented the seller. Martin, who has also led the development's marketing efforts, has helped to boost its occupancy level from 61% to 84%.
The local office of Matlow-Kennedy represented the buyer.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
