Broadreach picks up SoCal office space

Internet service provider is site's largest tenant

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Broadreach Capital Partners acquired a 231,000-square-foot office building in Pasadena, Calif. The value of the transaction was approximately $39.3 million. San Mateo, Calif.-based Limar Realty Group sold the asset, known as Pasadena Tech Center, which is comprised of a two-story office building at 465 Halstead St. The project was 91 percent leased at closing, with the majority to Earthlink Network Inc. Broadreach Capital Partners LLC is a real estate private equity firm that invests in a variety of western U.S. commercial real estate. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....