Beacon Capital Sells 185,000 SQFT Pasadena Office Tower to Private Investor Group for $35.5MM, Half Its Appraisal

Beacon Capital Partners has unloaded the five-story Class A office building at 1055 East Colorado Boulevard to a private investor group for $35.5 million, a price that lands at roughly half of the property's appraised value and well beneath what the Boston-based firm paid a decade ago.