X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PASADENA, CA-DivcoWest, a vertically integrated real estate operating company, has acquired the Pasadena Business Center, a 238,842-square-foot office building. For its first Pasadena acquisition, the company partnered with Pasadena-based Edgewood Realty Partners to purchase the property. The purchase price is undisclosed.

The building has potential to attract creative companies. It can accommodate large-scale users, and currently has 130,000-square-feet of available space. DivcoWest plans to upgrade the property to enhance the creative office qualities. OEWaves, DS Waters of America and PNC Bank currently occupy the space.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.