Commercial Real Estate News
Cotton Medical Center in Pasadena Receives National Award for Excellence in Healthcare Real Estate

Cotton Medical Center, a 115,000-square-foot, two-building medical office complex near the Huntongton Hospital in West Pasadena, has been awarded the prestigious 2017 HREI Insights Award in the category of Best Renovated or Repurposed Healthcare Facility, an announcement by the facility’s owners, Meridian Property Management, said. The award is sponsored by Healthcare Real Estate Insights (HREI) magazine and is the only national award program dedicated to…

The Theo, New Six-Story Residential Facility, Rises Near Historic Pasadena House

Construction is now underway on a new 105-unit multifamily building at 289 North El Molino Avenue in Pasadena.. Dubbed as The Theo, the building is close to the Theodore Parker Lukens House, according to a…

Pasadena Contractor for $140 million Newport Beach Civic Center Agrees to Reimburse City $365,000

A Pasadena-based contractor C.W. Driver has reportedly agreed to reimburse Newport Beach the amount of $365,000 after an audit revealed the company had overbilled the city for construction of the Newport Beach Civic Center. In…

Stream Realty Partners Awarded Exclusive Leasing and Management of 199 South Los Robles

Laurus Corporation, a private real estate investment and development firm, recently awarded the exclusive leasing and management of 199 South Los Robles, a Class A, office building in Pasadena, to Stream Realty Partners (Stream), a…

Marron Appointed as CEO at Strategic Venue Partners

Justin Marron Pasadena-based Strategic Venue Partners Inc. (SVP), a provider of wireless infrastructure investment and services for enterprise real-estate venues, has named infrastructure investment veteran Justin Marron as Chief Executive Officer. Marron joins the existing…

Meridian Names Cypress West as Property Manager of 115,000 Square Foot Newly-Renovated Cotton Medical Center in Pasadena

Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that the firm has retained Cypress West Realty Management…

Commercial Real Estate Inventory Nearly Depleted in Pasadena

Pasadena has seen steady growth in both commercial and residential property values, but the continuing demand especially for commercial rental space has resulted in available…

Ameron Center in Pasadena Sold to Entity with Ties to Local Developer

A developer with Pasadena and local area projects to his name is affiliated with an entity that just purchased Pasadena’s Ameron Center. Real estate magazine…

Pasadena-based Alexandria Real Estate Equities, Inc. to Present at Cowen and Company 36th Annual Health Care Conference

Alexandria Real Estate Equities, Inc. (NYSE: ARE), a real estate investment trust uniquely focused on world-class collaborative science and technology campuses in urban innovation clusters,…

Greystar and Ivanhoe Cambridge to Break Ground on a New Mixed-Use Multifamily and Retail Development in Pasadena

Rendering Greystar Real Estate Partners and Canadian real estate company Ivanhoé Cambridge are pleased to announce that they are breaking ground on a new mixed-use multifamily and retail development located at 25 W. Walnut in Pasadena, California. A groundbreaking ceremony will be held on Thursday, October 1st at 10:00 a.m. at the site. The new development will feature 201 luxury market-rate and affordable urban apartment homes and 10,000 square feet of ground floor commercial space in a five-story building in Old Pasadena. ”We are thrilled to be part of Old Pasadena. The City has done a world-class job preserving the…

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