US·Acquisition·Office
CA State Fund buys Pasadena office tower at 35 N Lake Ave
Value
Undisclosed
Location
Pasadena, Los Angeles County, California
Date
2026-05-08
Companies
State Compensation Insurance Fund, Swift Real Estate Partners, CBRE, JLL
State Compensation Insurance Fund (State Fund) acquired the 158,785-square-foot, nine-story LEED Gold-certified office tower at 35 N. Lake Ave. in Pasadena from Swift Real Estate Partners. The sale price was not disclosed. CBRE represented the buyer and JLL represented the seller; the buyer intends to renovate amenities and use the building as a Southern California hub while leasing available space.
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Source
Pasadena Now