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Case Study:

Pottery Barn Building

Pasadena, CA

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The Hanley Investment Group Advantage

  • Procured 11 Qualified Offers

  • Private Non-1031 Exchange Buyer Purchased as Generational Asset

  • Structured $1.2 Million Non-Refundable Deposit after Old Pasadena Businesses were Shut Down During COVID-19

  • Overcame Objections of Pottery Barn with 5 Years Remaining and Occupying 3 Floors (including Basement)

Sale Specifics

  • Trophy Mixed-Use Asset Anchored by Pottery Barn

  • 30,955 Square Feet, including a Tenant Mix of 60% Retail, 25% Residential; 14% Office

  • High-Identity Location at the Intersection of Colorado & Fair Oaks in Old Pasadena

  • Historic 1905 Construction with Rehab in 1997

The Hanley Investment Group Advantage

  • Procured 11 Qualified Offers

  • Private Non-1031 Exchange Buyer Purchased as Generational Asset

  • Structured $1.2 Million Non-Refundable Deposit after Old Pasadena Businesses were Shut Down During COVID-19

  • Overcame Objections of Pottery Barn with 5 Years Remaining and Occupying 3 Floors (including Basement)

Sale Specifics

  • Trophy Mixed-Use Asset Anchored by Pottery Barn

  • 30,955 Square Feet, including a Tenant Mix of 60% Retail, 25% Residential; 14% Office

  • High-Identity Location at the Intersection of Colorado & Fair Oaks in Old Pasadena

  • Historic 1905 Construction with Rehab in 1997