Parsons Campus - East Annex — Lease in Pasadena, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Pasadena, CA
  • Size: 256,000 SF
  • Year built: 1978

Description

Parsons Campus - East Annex - Available for lease

Market Context

This office in Pasadena, CA is listed for lease across 256,000 SF. The building dates to 1978. It has been on the market for 209 days. Compare it against other office listings for lease in Pasadena, CA — view the full market.

As of Q1 2026, the Greater Los Angeles office market showed a 14.7% vacancy rate, average asking rents near $35.40/SF/yr, rents up 0.7% year over year, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

What is the typical cap rate for office in Greater Los Angeles?
About 5.8% as of Q1 2026, per multiple brokerage reports.
Is the Greater Los Angeles office market tightening or softening?
Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).

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