Reported Oct 28, 2026 · Source: CRE Market Beat
NAI Capital Commercial’s Investment Services Group in Pasadena, led by EVPs John S. Archibald and Guillermo Olaiz along with senior associate Stephen Lam, represented the seller, Star Horizon, LLC, in the disposition of ZK Plaza. The buyer, Elysian Housing, LLC, intends to reposition the site from pure office use into an affordable residential community. Source: CRE Market Beat.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at CRE Market Beat. What the article says:
Elysian Housing Buys ZK Plaza in East Pasadena for $13.4M Residential Conversion
NAI Capital Commercial’s Investment Services Group in Pasadena, led by EVPs John S. Archibald and Guillermo Olaiz along with senior associate Stephen Lam, represented the seller, Star Horizon, LLC, in the disposition of ZK Plaza.
The 41,586-square-foot office building sold for $13,400,000, which NAI Capital Commercial reports is a 3.5% premium over the asking price.
The buyer, Elysian Housing, LLC, intends to reposition the site from pure office use into an affordable residential community.
ZK Plaza is located at 600 N. Rosemead Blvd. in East Pasadena, on a 2.12-acre site directly across from General Motors’ advanced design center.
Article date: 2026-10-29T18:30:39-04:00
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