Los Angeles Business Journal

Co-founder Thomas Ricci is branching out into real estate asset management for investors.

Instead of using the pandemic as a quiet period, downtown-based real estate investment firm Coretrust Capital Partners has used the time to make improvements that would normally take much longer on some of its office properties.

The Pasarroyo, formerly known as Corporate Center Pasadena, occupies a 6-acre city block and is comprised of four buildings containing more than 650,000 square feet of commercial space.

Coretrust Capital Partners is getting creative when it comes to marketing space at its western regional headquarters downtown. The commercial real estate firm is asking brokers and other people to reconstruct Citigroup Center at 444 S. Flower St. in downtown Los Angeles. Read article below:

Downtown real estate investment firm Coretrust Capital Partners has purchased Pasadena’s largest office campus, the six-acre PASARROYO, according to the company. Coretrust bought the four-building property at 201, 225, 251 and 283 S. Lake Ave., which spans a full city block and includes more than 640,000 square feet of commercial…

REAL ESTATE: Trio looks to fill Citibank Center offices. Downtown veterans look to build on legacy by reviving office space at Citibank Center.