X
Upcoming Stories
California CRE News In Your Inbox .

California   /   November 28, 2017

Dennis Kaiser
By: Dennis Kaiser

Doheny Eye Institute Buys Pasadena Building for $50M

Doheny Eye Institute (DEI) purchased a four-story, 123,203-square-foot office building in Pasadena for its new headquarters from SteelWave for $50 million. The Foster City, CA-based seller acquired the property for $19.8 million in late 2013 from Glendale, CA-based Avery Dennison.

The building, at 150 North Orange Grove Blvd., will provide DEI administrative office space, research labs, clinic space and outpatient services. Doheny, a world-renowned eye research institute, anticipates relocating its administrative offices to the new building in Q4 2018. Its current HQ is in Los Angeles in a building on the County-USC medical campus.

Charles Dunn Company’s Bill Boyd, Linda Lee and Scott Unger represented the buyer.

“Our Charles Dunn team began a site selection search more than two and a half years ago, and DEI reviewed and considered 81 relocation sites in the west San Gabriel Valley,” said Boyd.

Photo ID: Charles Dunn team from left to right: Bill Boyd, Scott Unger, Lauren Nesmith, and Linda Lee 

Connect
Inside The Story
About the Author

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience.
Email the Author

New call-to-action
New call-to-action
New call-to-action
New call-to-action
© ConnectCRE 2021 / 3900 San Fernando Road, Suite 1007, Glendale, CA 91204
Contact Us / Policies, Privacy & DisclosuresSubmit Press Release / 
magnifiermenu