These groups are being marketed together to be sold as one portfolio. The total square footage of both groupings is approximately 195,534 SF, situated on approximately 4.93 Acres of land. The following with provide a general description of each grouping and the property addresses associated with the respective groups. Please refer to the Offering Memorandum for more detailed information.
Group J features 7 craftsman office buildings and two land parcels. This assemblage of properties (with the exception of the two land parcels) is within the Ford Place Landmark District Boundary. This row of beautiful craftsman office properties features spectacular architecture surrounded by lush green space offering a rare opportunity to acquire a one-of-a kind piece of Pasadena history. The two land parcels to the south of the property (90 N. Oakland and 527 E. Union Street) are in the CD-3 zone, allowing for future development potential. Please reference the Historical Overview Sheet in the deal room for more information regarding the historical significance of this grouping. Addresses within this grouping include: 90, 114, 110, 120, 130, 140, 146, 150 N. OAKLAND AVENUE AND 527 E. UNION STREET, PASADENA, CALIFORNIA
Group K is comprised of a mix of different property types ranging from classroom/office space, a newly constructed library, historic craftsman office and apartments, and land. This grouping is ideally suited for a creative campus environment. The land parcels on Los Robles may be developed to help provide parking for the remaining buildings within this grouping. The library can be re purposed as creative office space and the multifamily apartments provide stable income for any investor or owner/user. In addition, the new portion of the library, known as Hubbard Library was constructed in 2009 with state-of-the-art improvements. The properties have excellent frontage on Union Street, Los Robles and Ford Place providing any owner/user or investor with a highly identifiable location in central Pasadena.Addresses within this grouping include: 135 & 145 N. OAKLAND AVENUE, 460 FORD PLACE & 110, 120, 130, 144 N. LOS ROBLES AVENUE, PASADENA
