NAI Capital Commercial has brought an owner-user office opportunity to market in Pasadena’s Playhouse Village District, listing the property at 530–532 E. Colorado Blvd. for sale. The offering comprises approximately 99,280 square feet across eight stories and is being presented as a chance for a single user or consolidating occupier to establish a significant presence in one of Pasadena’s most walkable, amenity-rich districts. Executive managing director Ryan Campbell, SIOR, and EVP Scott Martin of NAI Capital Commercial are leading the marketing assignment and representing the property.
The building was originally constructed in 1924 and is currently vacant, allowing a future owner to plan and execute a full occupancy strategy without having to navigate existing tenant leases. The property is described as a substantial office asset within the Playhouse Village District, which is known for its concentration of amenities and pedestrian-friendly environment. Its location along Colorado Boulevard places the building in a central corridor with access to local services, dining, and other urban conveniences.
Inside, the building features a marble-tile lobby, providing a traditional and durable entry experience. Vertical transportation is supported by three Otis traction elevators, including two passenger elevators and one freight elevator, designed to handle both daily office traffic and back-of-house operations. Mechanical infrastructure includes approximately 300 tons of water-cooled chiller capacity, which supports the building’s cooling needs and reflects a sizable existing HVAC platform for an incoming owner to evaluate and potentially reposition.
The property is also equipped with emergency power supported by two Generac diesel generators, offering resilience for future operations in the event of power interruptions. Life safety systems include a fully addressable fire alarm and sprinkler system, which are important components for modern code compliance and operational reliability in multi-story office buildings.
In discussing the offering, Campbell noted that 530–532 E. Colorado Blvd. represents a rare opportunity for an owner-user to acquire a large office asset in a central Colorado Boulevard location within Pasadena. He highlighted the combination of scale, parking, transit access, and the corridor address as elements that can support a long-term strategic foothold for an owner. Campbell also observed that owner-user acquisitions in the market have already reduced available office inventory, underscoring the role that users have been playing in absorbing space in this part of Pasadena.
