Arash Danialifar Of GD Realty Group Acquires Retail And Office Properties In Pasadena For $15.55M

The property asset involved in the transaction includes two addresses: 695 East Colorado Boulevard and 709 East Colorado Boulevard, located in the Pasadena market. The total sale price was $15,550,000 for an asset with a square footage of 55,854, resulting in a price per square foot of $278. The property comprises both retail and office spaces.

Summary of transaction details:

• Property Type: Retail & Office
• Transaction Amount: $15,550,000
• Address: 695 East Colorado Boulevard & 709 East Colorado Boulevard
• Market: Pasadena
• Square Footage: 55,854
• Price Per Square Foot: $278
• Buyer: Arash Danialifar - GD Realty Group
• Seller: Joel Sheldon - Vroman's Real Estate Ventures
• Seller's Representative: William Boyd, Linda Lee & Scott Unger - Kidder Mathews

Arash Danialifar, representing GD Realty Group, acquired the properties from seller Joel Sheldon of Vroman's Real Estate Ventures. The transaction involved the expertise of William Boyd, Linda Lee, and Scott Unger from Kidder Mathews, who represented the seller in this deal.