Large Office Properties Set Major Renovations Work underway at big-ticket sites in Pasadena, DTLA

May 11, 2020

Pasarroyo is undergoing a $50 million renovation

The office space construction boom in Los Angeles is extending to large properties in Pasadena and downtown.

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.

The property’s downtown-based owner, Coretrust Capital Partners, is working on a $50 million renovation of the space, which it purchased in 2018 for $254 million.  Read More

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