Blatteis & Schnur Purchases Property Managed By Rockwood Capital For $52.3 Million In Pasadena

The property asset involved in this transaction is located at 64 W Colorado BLVD, Pasadena, CA. It was sold for $52,300,000.00, and encompasses a total square footage of 28,421. The market value pertains to the Pasadena area.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $52,300,000.00
• Address: 64 W Colorado BLVD, Pasadena, CA
• Market: Pasadena
• Seller: Partnership Managed by Rockwood Capital
• Buyer: Blatteis & Schnur
• Seller's Representative: Jimmy Slusher-CBRE

The deal saw Blatteis & Schnur acquiring the property from a partnership managed by Rockwood Capital, with Jimmy Slusher from CBRE representing the seller throughout the transaction process.