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Reyn Spooner Signs New Office Lease at The Chamber of Commerce Building in Pasadena

Published on Tuesday, July 19, 2022 | 8:44 am
 

The iconic Hawaiian apparel manufacturer and retailer Reyn Spooner has signed a 3,685-sq.-ft. lease at the Chamber of Commerce Building in Old Pasadena. Located at 117 East Colorado Boulevard, the workplace will include ground-floor offices, a retail showroom, and a design studio to support the company’s continued growth.

Reyn Spooner will occupy their new space in the fourth quarter of 2022, according to a statement from the Coldwell Banker Richard Ellis real estate services firm.

CBRE’s Kevin Duffy, Natalie Bazarevitsch, Jackie Benavidez, and Damon Feldmeth represented the landlord, an affiliate of Edgewood Realty Partners, and their managing agent, The Kutzer Company, in the transaction. Jonathan Dezzutti and Scott Steuber of CBRE represented Reyn Spooner, Inc.

“The unique combination of the design studio, retail showroom, and corporate office space will be the perfect complement to the historic Chamber of Commerce Building,” said Duffy, senior vice president at CBRE. “The new workplace allows Reyn Spooner employees direct access to dozens of Old Pasadena restaurants and retail amenities.”

The Chamber of Commerce Building is a landmark historic property with 84,000 sq. ft. of creative office space above a ground floor of retailers and restaurants. It is located in the heart of Old Pasadena, a vibrant live/work/play district. Additionally, the building has 246 parking spaces and is near the Gold Line and major thoroughfares.

According to CBRE research, in the first quarter of 2022, the Greater Los Angeles office sector achieved 512,403 sq. ft. of positive net absorption, the second quarter of positive net absorption in a row.

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