Property

The $21,500,000 acquisition of a two building, 73,564 sf medical office building located in the heart of Pasadena. The property was 80% occupied at the time of acquisition.

Location

960 E. Green Street, Pasadena, CA

Financing

An $8,500,000 joint venture equity investment made by an institutional investment management firm. The investment represented 90% of the required equity.