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443 South Raymond Avenue

Updated Oct 12, 2026

Dolev Bluvstein's Oratomic, Inc. Leases 81,273 SF Office In Pasadena For Expansion
LEASEDOffice

Dolev Bluvstein's Oratomic, Inc. Leases 81,273 SF Office In Pasadena For Expansion

443 South Raymond Avenue

Building Size

81,273 SF

Asset Type

Office

Closing

Oct 5, 2026

About this deal

AI

The property asset involved in this lease transaction is located at 443 South Raymond Avenue, Pasadena, CA. The leased space is an office totaling 81,273 square feet. The transaction marks a significant deal in the Los Angeles market, recognized as the fifth-largest office deal of Q3 2026. The property, previously a laundry facility, has been transformed into a creative office environment.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 443 South Raymond Avenue
  • Market: Pasadena, CA
  • Tenant: Dolev Bluvstein - Oratomic, Inc
  • Funding: $300 million raised in Series A funding

The deal was facilitated by Dolev Bluvstein, representing Oratomic, Inc, a Caltech spinout specializing in quantum computing. This lease will support the expansion of the startup's team and research operations within the newly leased office space.

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Players

Dolev Bluvstein

Oratomic, Inc

Tenant

1 deal

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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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