Robbins Brothers Fine Jewelers Leases 8000 SF Retail Space In Pasadena For 16 Years
587 East Colorado Boulevard
Building Size
8,000 SF
Asset Type
Retail
Closing
Jun 16, 2025
AI
Robbins Brothers Fine Jewelers has signed a lease for a retail space totaling 8,000 square feet located at 595 East Colorado Boulevard in Pasadena. The market for this transaction is Pasadena, and the lease term extends for 16 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 595 East Colorado Boulevard
- Market: Pasadena
- Landlord: Connor Kidd - The Swig Company
- Tenant: Marc Friedant - Robbins Brothers Fine Jewelers
- Landlord's Representative: Katie Cowan, Shaun Stiles & Hayden Clegg - Newmark
- Tenant's Representative: Guardian Commercial Realty
- Lease Term: 16 years
This lease agreement involves key individuals in the transaction, including Connor Kidd representing the landlord, and Marc Friedant representing the tenant. The landlord was assisted by Newmark with a team including Katie Cowan, Shaun Stiles, and Hayden Clegg, while Guardian Commercial Realty served as the representative for Robbins Brothers Fine Jewelers.
Players
Pasadena Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93