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

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.