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

Property Image
SOLD
$31,500,000
Andrew Harper
Will Poulsen
+ 4

California

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Office146,000 SF
Sold 08/15/2025
the dealplayerscompscontact
Property Image
SOLD

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

790 East Colorado Boulevard

See Similar Deals
Office146,000 SF
Sold 08/15/2025
Andrew Harper
Will Poulsen
+ 4
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$215
Total Square Footage:146,000 SF
Transaction Type:Sale

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
14 deals$701.5M volume
BROKER

Omid Broukhim
8 deals$266.8M volume
BROKER

Andrew Harper
JLL
15 deals$1B volume
BROKER

Jeffrey Bramson
JLL
9 deals$560.8M volume
BROKER

Jacob Malloy
JLL
1 deal$31.5M volume
BROKER

JLL
BROKERAGE

Arash Danialifar
10 deals$114.4M volume
BUYER


Christopher Peatross
Swift Real Estate Partners
9 deals$697.3M volume
SELLER

Details

SOLD
IMAGE: Christopher Peatross, Omid Broukhim, Andrew Harper, Jeffrey Bramson, Will Poulsen & Jacob Malloy DATE: 08/15/2025 ADDRESS: 790 East Colorado Boulevard MARKET: Pasadena ASSET TYPE: Office BUYER: Arash Danialifar - GD Realty Group SELLER: Christopher Peatross - Swift Real Estate Partners BUYER'S REP: Omid Broukhim - Barak Investors SELLER'S REP: Andrew Harper, Jeffrey Bramson, Will Poulsen (@WPoulsen) & Jacob Malloy - JLL (@JLL) SALE PRICE: $31,500,000 SF: 146,000 ~ PPSF: $216 NOTE: Swift Real Estate Partners sold the 146,000 SF office building at 790 East Colorado Blvd. in Pasadena to Arash Danialifar of GD Realty for $31.5M in an off-market deal.JLL Capital Markets represented the seller, while Omid Broukhim of Barak Investors Group represented the buyer.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,680,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$111,912.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$149,326.07
Annual Debt Service$1,791,912.85