Paseo Colorado is anchored by Macy's, Gelson's Market, Equinox Health & Fitness and Pacific Theatres. The center is one of the major retail destinations for a trade area that includes Pasadena, San Marino, and La Canada/Flintridge, where average household income for the surrounding area is approximately $136,000, more than double the national average.

Developers Diversified, a real estate investment trust, currently owns and manages approximately 300 retail properties in 43 states totaling over 60 million sf. Lehman Brothers Real Estate Partners is a $1.6 billion private equity fund investing in real estate in North America and Europe.

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