OFFERING PRICE:
$54,428,000 

CURRENT OCCUPANCY:
100%

TOTAL BUILDING AREA:
±28,421 SF
FEATURED LISTING:
TIFFANY & CO. AND SHOPS
64-68 Colorado Blvd  |  Pasadena, CA
INITIAL BIDS DUE THURSDAY, NOVEMBER 12TH



INVESTMENT HIGHLIGHTS
 

 
Best of Class Tenancy – Featuring corporate leases with Tiffany & Co., Crate & Barrel and Foot Locker, the property acts as a flagship location for the respective brands within the prestigious Old Pasadena Shopping District 
 
» Founded in 1837, Tiffany & Co. (NYSE: TIF) is an international luxury jewelry retailer headquartered in New York City. Tiffany & Co. has over 326 locations, 14,200 employees and a market cap of $13.5 billion
 
» Crate & Barrel, owned by Otto GmbH one of the largest e-commerce companies globally, is based in Northbrook, IL and currently operates approximately 100 locations, with 7,500 employees
 
» House of Hoops by Foot Locker (NYSE: FL) has a market capitalization of $4 billion, a revenue of $8 billion, and an S&P rating of BB+
 


 
Leasing Momentum – In addition to the recent 10-year renewal of Tiffany & Co. (±5,613 SF), Crate and Barrel (±12,814 SF) and Macha and Desert House (±1,347 SF) are on brand new leases proving the viability of the location within the heavily competitive retail trade area
 
Crate & Barrel Relocation – Crate & Barrel relocated from across W Colorado Blvd., proving the desirability and allure of the location on the superior side of Colorado adjacent to Apple
 
More than 30,500 and 201,000 people within a 1-mile and 3-mile radius with an Average Household Income exceeding $107,900 and $122,000, respectively


CLICK HERE TO DOWNLOAD OFFERING MEMORANDUM

 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST
PHILIP D. VOORHEES
+1 949 725 8521
Lic. 01252096
phil.voorhees@cbre.com
JIMMY SLUSHER
+1 949 725 8507
Lic. 01857569
jimmy.slusher@cbre.com
SEAN HEITZLER
+1 949 725 8468
Lic. 02025087
sean.heitzler@cbre.com



THIS IS A MARKETING COMMUNICATION

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

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