A nine-story Pasadena office tower traded hands at a discount. Swift Real Estate Partners sold the property to GD Realty for $31.5 million, Omid Broukhim, who represented the buyer, said. The buyer and a source familiar with the off-market deal confirmed the price. The property at 790 East Colorado Boulevard, called The Terrace, was part of a three-building office complex in Pasadena that Swift Real Estate partners purchased from PGIM Real Estate for $193 million six years ago. The offices at 790 East Colorado Boulevard were purchased for $59 million, property records reveal. The 146,000-square-foot office building is 70 percent […]
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