Pasadena
Newsom Signs $2.5B Aid Bill for Firestorm Recovery and Rebuilding
California Gov. Gavin Newsom has signed legislation providing more than $2.5 billion in disaster relief. The funding will immediately help… Read more
LA County Wildfires: A Guide to Relief Resources
With tens of thousands of acres burned, more than 10,000 structures destroyed and thousands of residents displaced, the January 2025… Read more
ExchangeRight Completes Nine-State Sale-Leaseback with Tractor Supply
Pasadena-based ExchangeRight acquired 13 net-leased properties for an undisclosed sum as part of a sale-leaseback transaction with Tractor Supply. The properties collectively… Read more
NAI Capital Completes Sale of Former Greater LA Scouting Headquarters
NAI Capital Commercial completed the $5.5-million sale of a 15,000-square-foot office building on a 65,632-square-foot lot at 3450 E. Sierra… Read more
Amazon-Leased Building Sells to Alexandria at Steep Discount
Alexandria Real Estate Equities Inc. has paid $47.6 million for an office building Amazon leases in South Lake Union. The Pasadena-based real… Read more
WNC & Associates Closes $120M Tax Credit Fund
Irvine-based WNC & Associates has closed WNC Institutional Tax Credit Fund X California Series 21, L.P., which includes six multifamily properties across California.… Read more
ExchangeRight Fully Subscribes $82M DST Offering
Pasadena-based ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, said investors have fully… Read more
Courtyard by Marriott Pasadena/Old Town Completes Extensive Renovation
The Courtyard by Marriott Los Angeles Pasadena/Old Town has completed an extensive $12.8-million renovation to the more than 300-key hospitality property. The… Read more
CPP Acquires Historic Senior Complex in Pasadena, Plans Renovations
Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer, announced the $54-million acquisition and planned renovation of Green Hotel… Read more
Alexandria Pays $270M to Extend Cambridge Ground Lease Through 2088
Life sciences REIT Alexandria Real Estate Equities said it will pay $270 million to extend its ground lease at Technology… Read more
Trader Joe’s Plans to Add Eight SoCal Locations
Trader Joe’s plans to add eight grocery stores to its Southern California roster, representing one-third of the Monrovia-based retailer’s planned expansion… Read more
Historic Old Town Pasadena Mixed-Use Has New Owner with New Plan
CBRE arranged the $8-million sale of a 12,744-square-foot retail/office building located at 130 E. Colorado Blvd. in Old Town Pasadena… Read more