Chamber of Commerce Building
Address: 117 East Colorado Boulevard // Pasadena, California
Purchased: October 2010
Size: 84,000 square feet
The Chamber of Commerce Building is considered the highest-quality, trophy office building in Old Pasadena, one of Southern California’s premier retail, residential, and creative office destinations.
Located at the northwest corner of Colorado Boulevard and Arroyo Parkway, Edgewood purchased the asset in an off-market transaction.
Edgewood embarked on a restoration and remodel of the common area and tenant spaces, and subsequently was named the Office Building of the Year by BOMA for the southwest region. The building also achieved LEED-Silver status in 2015.
The property includes a 246 space multi-level parking structure.
Status – Long-term hold to maximize cash flow and capital appreciation.