Atlas Capital Group, LLC begins redevelopment in Pasadena, California
JLL overseeing leasing at Class A, 320,000-square-foot property
LOS ANGELES, CALIF., April 15,2021 – Atlas Capital Group, LLC announced today that it has started on the redevelopment of the five-story, 320,000-square-foot Class A office building located at 101 South Marengo Avenue in Pasadena, California. The redevelopment will be completed in the first quarter of 2022.
Originally designed by the firm of acclaimed American modernist Edward Durell Stone in 1974, the building was re-envisioned by architecture and landscape design firm, RIOS, with over 80,000 square feet of green spaces including abundant outdoor collaboration areas in the main plaza and the internal landscaped courtyard while bringing an abundance of natural light and fresh air to each floor. 101 South Marengo will feature a new modern lobby, floor to ceiling operable windows, expansive floor plates, oversized elevators with wellness features, escalators to each tenant floor, internal green courtyard and separate tenant air filtration systems. Additionally, it will have a fitness center offering showers and lockers for tenants’ use.
Leading the leasing efforts for 101 South Marengo are Patrick Church and Anneke Greco of JLL. The building can accommodate a variety of requirements ranging from approximately 50,000 to 320,000 square feet of contiguous space, one of the largest contiguous available blocks of office space currently in the Los Angeles area.
"Pasadena will continue to attract companies based on its rich history and access to both affordable and executive housing," said Church. "101 South Marengo is ideal for all types of tenants who are seeking large floor plates near mass transit, retail amenities and an enjoyable working environment for their employees.”
101 South Marengo is centrally located blocks from both Interstate 210 and the 110 freeways as well as multiple transit hubs providing easy access to surrounding Los Angeles communities. The property offers a walk score of 97% with an abundance of restaurant, retail and entertainment venues.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion, operations in over 80 countries and a global workforce of more than 91,000 as of December 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.