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Charing Cross Partners Acquires Office Property In Pasadena For $43M

Property Image
SOLD
$43,000,000

California

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Office78,000 SF
Sold 08/12/2021
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Property Image
SOLD

Charing Cross Partners Acquires Office Property In Pasadena For $43M

443 South Raymond Avenue, Pasadena, CA, USA

See Similar Deals
Office78,000 SF
Sold 08/12/2021

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$551
Total Square Footage:78,000 SF
Transaction Type:Sale

Charing Cross Partners has acquired an office property located at 443 South Raymond Avenue in Pasadena. The transaction was facilitated by Swig Company's representative, Jim Carbone. The property spans approximately 78,000 square feet and was sold for a total price of $43,000,000, resulting in a price per square foot of $550.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $43,000,000
  • Address: 443 South Raymond Avenue
  • Market: Pasadena

Charing Cross Partners, the buyer, successfully completed the acquisition, while the seller, Swig Company, was represented by Jim Carbone. This transaction showcases the active real estate market in Pasadena and highlights the attractiveness of this office property to investors.

Players

BUYER

Details

SOLD
IMAGE: Jim Carbone DATE: 08/12/2021 ADDRESS: 443 South Raymond Avenue MARKET: Pasadena ASSET TYPE: Office BUYER: Charing Cross Partners SELLER: Swig Company - Jim Carbone SALE PRICE: $43,000,000 SF: 78,000 ~ PPSF: $550

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