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

The property involved in this transaction consists of three office locations totaling 516,890 square feet, situated at 790 East Colorado Boulevard, 155 North Lake Avenue, and 35 North Lake Avenue in Pasadena. The transaction was facilitated with a loan amount of $160,000,000, under a loan agreement with a term of 3-years and a floating-rate interest.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $160,000,000
• Address: 790 East Colorado Boulevard, 155 North Lake Avenue, 35 North Lake Avenue
• Market: Pasadena
• Loan Terms: 3-year, floating-rate
• Square Footage: 516,890
• Lender: Nuveen Real Estate
• Landlord: Swift Real Estate Partners
• Broker Representatives: Michael Leggett, Andrew Harper, Matt McRoskey - JLL, Paul Brindley, Todd Sugimoto, Jeff Sause, Steven Paskover

The deal involved multiple broker representatives from JLL, including Michael Leggett, Andrew Harper, and Matt McRoskey. Additionally, brokers Paul Brindley, Todd Sugimoto, Jeff Sause, and Steven Paskover were also part of this transaction, representing the interests of the parties involved.