Representative Properties

Fair Hope Building

SEC of Fair Oaks Avenue and Hope Street
South Pasadena, California

Purchased:
February 2004
Price:
$3,900,000
($164 per square foot)
Size:
23,798 sq ft

This is a project of an Edgewood partner, a 23,798 square foot mixed-use historic building in an infill area of Los Angeles County. The building was restored, and subsequently named a South Pasadena Cultural Heritage Landmark. Several existing tenants were retained, and several new tenants were recruited. The Fair Hope Building is now home to a roster of outstanding professional, service, and retail tenants.

Status-The property is being held as a long-term investment.