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Friday, Mar 31, 2023

Gemalto Cogent Signs $14M Lease in Pasadena

Biometrics firm Gemalto Cogent Inc. has signed a $14 million lease at an office building in Pasadena, CBRE Group Inc. announced March 27.

The lease is for a 54,811-square-foot office space at 3100 New York Dr.

CBRE’s Kevin Duffy and Bennett Robinson represented the tenant. CBRE’s Natalie Bazarevitsch and Jackie Benavidez represented the landlord, San Francisco-based Graymark Capital and Chicago-based Blue Vista Capital Management, a joint venture partnership.

Gemalto is relocating from nearby at 600 N. Sierra Madre Villa Ave.

Its new space includes building signage.

Bazarevitsch said in a statement building improvements and the availability of parking made the spot enticing to Gemalto.

Commercial real estate reporter Hannah Madans can be reached at hmadans@labusinessjournal.com. Follow her on Twitter @HannahMadans

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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