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:
- Property Type: Office
- Transaction Amount: $31,500,000
- Address: 790 East Colorado Boulevard
- Market: Pasadena
- Buyer: Arash Danialifar - GD Realty Group
- Seller: Christopher Peatross - Swift Real Estate Partners
- Buyer's Representative: Omid Broukhim - Barak Investors
- Seller's Representatives: Andrew Harper, Jeffrey Bramson, Will Poulsen & Jacob Malloy - JLL
- Square Footage: 146,000
- Price per Square Foot: $216
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
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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93