Tackling Two of the Largest Real Estate Transactions in Pasadena, CA
We represented a global investor in partnering with East West Bank to purchase, from MPG Office Trust, the airspace lease for the Plaza Las Fuentes (Plaza).
The Plaza is a 193,000 square foot office building and two free-standing restaurants. The acquisition resulted in East West Bank establishing its local headquarters in Pasadena and cementing its relationship in the local business community.
A large California based investment group engaged us to advise in its acquisition of the AT&T Building, totaling in 291,000 square feet. The deal involved complicated loans and equity financing and a lease-back with AT&T. The building is being repositioned and will once again be a vibrant anchor to this section of the City.