Representative Properties

Union Savings Building

20 N. Raymond Avenue
Pasadena, California

Purchased:
March 2006
Price:
$6,000,000 ($312.57/sqf)
Size:
19,196 square feet

Date of Purchase – March of 2006.

Purchase Price – $6,000,000 ($312.57 per square foot).

19,196 square foot office and retail building in Old Pasadena.

Located at the corner of Colorado Boulevard and Raymond Avenue.

Historic building built in 1902.

Since taking ownership, Edgewood has implemented an exterior and interior renovation and generated improved income.

Status – long term hold for current cash flow and capital appreciation.