South Pasadena Shopping Center Sells For $33 Million

By Jay Wittner July 26, 2021

Branch Properties sold the South Pasadena Shopping Center to South Pasadena R2G for $33 million. The 167,000 sq ft center was built in 1959 and is 95% leased featuring national tenants like Walmart, Bealls, CVS, and Ace Hardware. The center sits on a 14 acre parcel at the intersection of Gulfport Blvd. & Pasadena Ave. The sales comes to $196 per sq ft. The address is 6800 Gulfport Blvd. S.