Swift Real Estate Partners Acquires Pasadena Office Portfolio From Jones Lang LaSalle Inc. For $193M

Swift Real Estate Partners has acquired three office properties in Pasadena, California for a total price of $193,000,000. The properties are located at 790 East Colorado Boulevard, 155 North Lake Avenue, and 35 North Lake Avenue, with a combined square footage of 517,000. The sale was facilitated by Jones Lang LaSalle Inc., with the brokers involved in the deal including Michael Leggett, Andrew Harper, Matt McRoskey, Paul Brindley, Todd Sugimoto, Jeff Sause, and Steven Paskover, all representing JLL. The transaction took place on November 11, 2019.

Summary of transation details

• Property Type: Office
• Transaction Amount: $193,000,000
• Property Addresses: 790 East Colorado Boulevard, 155 North Lake Avenue, 35 North Lake Avenue
• Market: Pasadena

Swift Real Estate Partners' acquisition of the three office properties in Pasadena was facilitated by Jones Lang LaSalle Inc. The transaction, which took place on November 11, 2019, involved brokers Michael Leggett, Andrew Harper, Matt McRoskey, Paul Brindley, Todd Sugimoto, Jeff Sause, and Steven Paskover, all representing JLL. The properties have a combined square footage of 517,000 and were sold for a total price of $193,000,000.