Lee & Associates – Pasadena Successfully Closes Historic Solberg Building in Old Pasadena
December 27, 2023 (Pasadena, CA) – Lee & Associates – Pasadena Founding Principal, Colleen Carey, successfully closed the sale of the Historic Solberg Building in Old Pasadena.
This Prime Retail Property, on the Northwest Corner of West Colorado and DeLacey Boulevard, has an approximate 5,438 square feet, and is a Triple-Net Leased Commercial Building, in the heart of the Old Pasadena Retail Shopping Area. Colleen Carey represented the Seller, Solberg Family Trust. The Solberg Building was sold for $8,300,000 to RRR Capital Holdings, LLC with a mutually agreeable transaction on December 14, 2023.
“It was a pleasure working with the Solberg Family as they liquidated their parent’s trust holdings. This prime property will now be a prized asset in the real estate holdings of another family’s trust assets for many years to come.”, explains Colleen Carey.
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| Colleen Carey Principal 626.240.2782 ccarey@lee-associates.com License ID 01258120 |
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ABOUT LEE & ASSOCIATES
Lee & Associates – Pasadena is a full service commercial real estate company headquartered in Pasadena, CA. Our client-focused brokers specialize in office, retail, tenant advisory, multifamily, and investment sales. As the fastest-growing broker-owned firm in the nation, with more than 60 office locations in North America, we are uniquely qualified to support our clients’ real estate needs in the local, national and international markets. For more information, visit lee-pasadena.com.
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