David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Pasadena
105,869-SF Retail Property in Pasadena, Texas, Changes Hands
Mission Shore Management has sold 105,869-square-foot Fairmont Preston Plaza in the Houston suburb of Pasadena, Texas. JLL Capital Markets brokered the deal on behalf of the seller, while HighStreet Net Lease Group represented the buyer, a company calling itself JKZ ...
Western Asset Plaza
East West Bank has paid $98 million, or $362.96/sf, for Western Asset Plaza, a 270,000-square-foot office property in Pasadena, Calif. The bank acquired the property, at 385 East Colorado Blvd., from Irvine Co., which bought it in 2012 for $144.7 million. East ...
East West Bank Buys Pasadena, Calif., Office Property for $98Mln
The Real Deal East West Bank has paid $98 million, or $362.96/sf, for Western Asset Plaza, a 270,000-square-foot office property in Pasadena, Calif. The bank acquired the property, at 385 East Colorado Blvd., from Irvine Co., which bought it in 2012 ...
2964 Bradley St.
Amazon.com has paid $78.8 million, or $469.05/sf, for the 168,000-square-foot industrial building at 2964 Bradley St. in Pasadena, Calif., about 18 miles east of Los Angeles. The online retail giant acquired the property from Alvarez & Marsal Capital Real Estate, ...
With Maturity Looming, $39.2Mln Loan Against L.A.-Area Office Lands in Special Servicing
Commercial Real Estate Direct Staff Report The $39.2 million CMBS loan against the 141,969-square-foot office building at 150 South Los Robles Ave. in Pasadena, Calif., has transferred to special servicing as it is expected to default at its upcoming maturity. ...
Hines Pays $60Mln for Pasadena, Calif., Apartments
Hines has paid $60 million, or $428,571/unit, for Pasadena Gateway Villas, a 140-unit apartment property in Pasadena, Calif. The Houston investment manager purchased the apartments from Washington Capital Management Inc. of Seattle in a deal brokered by Newmark. The brokerage ...
Pasadena, Calif., Office Property to be Offered at Foreclosure Auction This Month
The Real Deal The 640,000-square-foot office property at 251 South Lake Ave. in Pasadena, Calif., is scheduled to be sold at a foreclosure auction on Dec. 20. Coretrust Capital Partners of Los Angeles had defaulted on a $271 million loan ...
JLL Capital Arranges $36.8Mln for Construction of Pasadena, Calif., Hotel
JLL Capital Markets has secured $36.8 million of financing for the construction of a 194-room AC Hotel by Marriott in Pasadena, Calif. The three-year loan, which comes with a pair of one-year extension options, was arranged on behalf of the ...
Ground to Break This Fall on 2-Building Industrial Project in Pasadena, Texas
Houston Business Journal GTIS Partners is breaking ground in October on a 484,000-square-foot industrial project in Pasadena, Texas, about 14 miles southeast of Houston. The New York real estate company recently completed its purchase of the project's 26-acre development site ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
