Reported Oct 15, 2026 · Source: The Registry
Beacon Capital sold 1055 East Colorado, a 184,660 SF Pasadena office building, for $35.5MM, roughly half its appraised value. Beacon Capital Partners has unloaded the five-story Class A office building at 1055 East Colorado Boulevard to a private investor group for $35.5 million, a price that lands at roughly half of the property's appraised value and well beneath what the Boston-based firm paid a decade ago. Source: The Registry.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at The Registry. What the article says:
Beacon Capital sold 1055 East Colorado, a 184,660 SF Pasadena office building, for $35.5MM, roughly half its appraised value.
Beacon Capital Partners has unloaded the five-story Class A office building at 1055 East Colorado Boulevard to a private investor group for $35.5 million, a price that lands at roughly half of the property's appraised value and well beneath what the Boston-based firm paid a decade ago.
Beacon Capital Sells 185,000 SQFT Pasadena Office Tower to Private Investor Group for $35.5MM, Half Its Appraisal
Article date: 2026-10-20T12:23:00+00:00
All San Gabriel Valley deals · More office deals in Los Angeles · Los Angeles (incl. OC & Inland Empire): this week and archive
Compiled from public sources; details can differ between sources. Always verify with the linked source.