A west Hollywood based developer,Genton Cockrum Partners, has sold the office building at 625 Fair Oaks Ave for $30.7 million. The building is reported to be 92,500 square feet, and was priced at about $332 per square foot.
The buyers are a Beverly Hills-based Commercial firm: GreenBridge Investment Partners. The property housed medical offices at one time but, eventually was renovated to creative offices for design and tech tenants.
This building was a car dealership back in the 60s, Colliau Chevrolet. Michael Colliau, who recently passed away, was one of the partners of SCG Publishing, the company formed to purchase the South Pasadena Review newspaper two owners back. The Review offices were in this building before the San Marino Tribune bought the paper.