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177 East Colorado Boulevard

Updated Jul 14, 2026

Christopher Anzalone Of Arrowhead Pharmaceuticals Expands Office Lease In Pasadena To 102,017 SF
LEASEDOffice

Christopher Anzalone Of Arrowhead Pharmaceuticals Expands Office Lease In Pasadena To 102,017 SF

177 East Colorado Boulevard

Building Size

102,017 SF

Asset Type

Office

Closing

Jul 7, 2026

About this deal

AI

The property asset involved in this transaction is located at 177 East Colorado Boulevard in Pasadena, CA. It features an office space totaling 102,017 square feet, which comprises a renewal of 52,568 square feet along with an expansion of 49,449 square feet by Arrowhead Pharmaceuticals. This lease commitment represents one of the largest office leases in Los Angeles County for the second quarter of 2026, further enhancing the company's operational space in Pasadena.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 177 East Colorado Boulevard, Pasadena, CA
  • Market: Pasadena, CA
  • Tenant: Christopher Anzalone
  • Company: Arrowhead Pharmaceuticals

The key individuals in this transaction include Christopher Anzalone, who represents Arrowhead Pharmaceuticals in the deal. The company's lease renewal and expansion reflect their strategic growth within the Pasadena market.

Players

Christopher Anzalone

Arrowhead Pharmaceuticals

Tenant

1 deal

Tenant

Pasadena Office Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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