Colfair Building

14 N Fair Oaks Ave, Pasadena, CA 91103, USA

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When CIM acquired the landmark Colfair Building in the mid-1990s, it was vacant and in disrepair. CIM renovated the 30,791 square foot structure into a mixed-use retail and residential building including a three-story Pottery Barn store and 13 live/work urban lofts. The building received the Pasadena Beautiful Foundation Award for Sensitive Restoration of a Historically Significant Commercial Structure in 1999.

CIM Group sold 14 North Fair Oaks Avenue in 2001.



Investment Highlights
  • Central location in the Old Pasadena's retail and entertainment district
  • Parking in nearby structures
CIM views urban investing as a discipline rather than a market niche or a trend.