Nuveen Real Estate Provides $160M Loan For Pasadena Office Portfolio

The office property located at 790 East Colorado Boulevard, 155 North Lake Avenue, and 35 North Lake Avenue in Pasadena has been involved in a recent transaction. The property spans a total of 516,890 square feet and is situated in the Pasadena market.

Summary of transation details

• Property Type: Office
• Transaction Amount: $160,000,000
• Lender: Nuveen Real Estate
• Landlord: Swift Real Estate Partners
• Brokers: Michael Leggett, Andrew Harper, Matt McRoskey - JLL, Paul Brindley, Todd Sugimoto, Jeff Sause, Steven Paskover
• Loan Terms: 3-year, floating-rate

The deal was facilitated by Michael Leggett, Andrew Harper, Matt McRoskey from JLL, and Paul Brindley, Todd Sugimoto, Jeff Sause, and Steven Paskover. They represented the parties involved in the transaction.