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

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.