Updated Jul 14, 2026
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.
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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