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790 East Colorado Boulevard

Arash Danialifar Of GD Realty Group Acquires Office Building In Pasadena For $31.5M
SOLDOffice

Arash Danialifar Of GD Realty Group Acquires Office Building In Pasadena For $31.5M

790 East Colorado Boulevard

$31,500,000

$215/SF

Building Size

146,000 SF

Asset Type

Office

Closing

Aug 15, 2025

AI

The asset involved in the transaction is an office building located at 790 East Colorado Boulevard in Pasadena. The property has a total square footage of 146,000 and was sold for a price of $31,500,000, resulting in a price per square foot of $216.

Summary of transaction details:

This transaction was managed by notable individuals in the real estate sector. The seller, Christopher Peatross, is associated with Swift Real Estate Partners, while JLL Capital Markets provided representation for the seller through Andrew Harper, Jeffrey Bramson, Will Poulsen, and Jacob Malloy. Omid Broukhim of Barak Investors represented the buyer, Arash Danialifar, who is affiliated with GD Realty Group, completing this off-market deal.

Players

Will Poulsen

JLL

Broker

$701.5M

vol

14 deals

Broker
JLL
JLLBrokerage
Arash Danialifar

Arash Danialifar

GD Realty Group

Buyer

$114.4M

vol

10 deals

Buyer
Christopher Peatross

Christopher Peatross

Swift Real Estate Partners

Seller

$697.3M

vol

9 deals

Seller
Swift Real Estate Partners
Swift Real Estate PartnersSeller

Pasadena Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93