Updated Oct 29, 2024
Greenbridge Investment Partners Acquires 625 Fair Oaks Ave South Pasadena For $31M With Chalvis Evans As Seller's Rep
625 Fair Oaks Ave, South Pasadena, C...
$31,000,000
$335/SF
Building Size
92,547 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in the transaction is located at 625 Fair Oaks Ave, South Pasadena. It has a sale price of $31,000,000.00 and encompasses a total square footage of 92,547 in the South Pasadena market.
Summary of transaction details:
- Property Type: N/A
- Transaction Amount: $31,000,000.00
- Address: 625 Fair Oaks Ave, South Pasadena
- Market: South Pasadena
- Seller's Representative: Chalvis Evans - CBRE
- Buyer: Greenbridge Investment Partners
Chalvis Evans represented the seller in this transaction, facilitating the deal for the property between the seller and the buyer, Greenbridge Investment Partners. The transaction highlights the collaborative efforts involved in closing significant real estate deals within this market.
On the Map
$31,000,000
$335/SF
Office
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Players
South Pasadena Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93