Industrious announced it has signed an agreement in partnership with Coretrust Capital Partners for a new location in Pasadena, CA. The company will take approximately 29,000 square-feet in Corporate Center Pasadena, the largest office campus in Pasadena occupying a full six-acre city block with more than 640,000 square-feet of commercial space.
“Industrious has been in Downtown Los Angeles since 2016 and we’ve seen strong demand from our existing members for locations in surrounding business centers, like Pasadena,” said Mark Hamblin, regional manager, west at Industrious. “Our ongoing relationship with Coretrust Capital Partners led us to Corporate Center Pasadena and we’re proud to be expanding our presence in this growing business hub.”
“We are pleased to partner again with Industrious at Corporate Center Pasadena, as our experience clearly demonstrates that Industrious provides the finest in flexible workspace and amenities for our tenants,” said Spike Whitney, Vice President, Coretrust Capital Partners.
Corporate Center Pasadena is a four-building campus, located at 201, 225, 251 and 283 South Lake Avenue. It comprises over 600,000 square-feet of office space, more than 40,000 square-feet of tenant amenity retail, a 60,000-square-foot plaza and more than 2,000 parking stalls. Since purchasing the property in 2018, Coretrust has begun a $90 million renovation to create a one-of-a-kind collaborative campus in Pasadena that includes upgrading the buildings with state-of-the-art technologies, creating inviting public spaces including plazas, gardens and terraces, updating all lobbies, modernizing elevators and adding on-site tenant serving businesses.
This will be the second Industrious location in Pasadena; the company previously announced plans to open at One Colorado in Q3 2020. This is also the third Industrious location in partnership with Coretrust Capital Partners; the two have partnered for Industrious FourFourtyFour South Flower in Los Angeles and Industrious Two Liberty Plaza in Philadelphia, which is set to open Q1 2020.