December 21, 2022 (Pasadena, CA) Lee & Associates – Pasadena, Inc. and DAUM Commercial Real Estate Services assisted the former owners in the sale of 110 East Holly Street, Pasadena, California, for $6 million ($907.44 per square foot) to an owner-user. The 6,612-square-foot single tenant historic building was built in 1904 by John Cazaurang, one of the most prolific growers of hay and alfalfa in the San Gabriel Valley. 110 East Holly Street was once…
MonthLee Transactions – November 2022
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: November 2022 (PASADENA, CA) – Lee & Associates, the largest broker-owned full service commercial real estate firm in North America, offers a partial list of closed sale and lease transactions from the Pasadena, California office. Dan Bacani of Lee & Associates – Pasadena represented the Seller, MBB Property, LLC, in the sale of a 7,948 SF retail investment property at 102-108 S. Myrtle Avenue in Monrovia. This…
Lee & Associates – Pasadena, Inc. Closes $4 Million Sale of Retail Investment Property in Old Town Monrovia
December 6, 2022 (Monrovia, CA) Lee & Associates – Pasadena, Inc. assisted the seller, MBB Property, LLC with the sale of 102-108 South Myrtle Avenue in Monrovia, California, for $4.225 million ($531.58 per square foot) at a stabilized CAP rate of 4.35% to a local investor. The one-story, 7,948-square-foot retail strip center consists of 4 units, 3 of which were occupied at the time of close. The property features one of the highest parking ratios…
Lee & Associates Pasadena Hires David Chen As Principal
December 2, 2022 – Pasadena, CA The Pasadena office of Lee & Associates has announced the addition of David Chen, who will specialize in retail and office property throughout Southern California. Mr. Chen joins the office as a Principal. He graduated from UCLA with a Bachelor’s of Art degree in Economics and from USC with Master degrees in Business Administration and Real Estate Development. Before joining Lee & Associates – Pasadena, Mr. Chen was the…
MonthLee Transactions – September 2022
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: September 2022 (PASADENA, CA) – Lee & Associates, the largest broker-owned full service commercial real estate firm in North America, offers a partial list of closed sale and lease transactions from the Pasadena, California office. Christopher Larimore and Vincent Molitor of Lee & Associates – Pasadena represented the Buyer, 4 Jet Num LLC, in a sale transaction of five industrial condos at 1681, 1685 and 1693 West…
Lee & Associates Pasadena Hires Gregory Kho As Associate
October 5, 2022 – Pasadena, CA The Pasadena office of Lee & Associates is proud to welcome onboard a new Associate, Gregory Kho! With over 10-years of Corporate Finance experience as a debt capital provider, Mr. Kho has a deep appreciation and understanding of interest rates, cash flow and projected rates of return on real estate investments. Mr. Kho’s experience in commercial real estate began during his career in corporate finance, investing in multifamily properties…
MonthLee Transactions – August 2022
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: August 2022 (PASADENA, CA) – Lee & Associates, the largest broker-owned full service commercial real estate firm in North America, offers a partial list of closed sale and lease transactions from the Pasadena, California office. Lee & Associates – Pasadena brokered the sale of 12.09 acres of land at 4500 Via Marisol in Los Angeles. John Berger and Mauricio Olaiz represented the Seller in this transaction. The…
MonthLee Transactions – July 2022
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: July 2022 (PASADENA, CA) – Lee & Associates, the largest broker-owned full service commercial real estate firm in North America, offers a partial list of closed sale and lease transactions from the Pasadena, California office. Lee & Associates – Pasadena brokered the sale of an industrial building consisting of 9,211 SF (0.14 acres) at 413 N. Moss Street in Burbank. Mauricio Olaiz and Trevor Gleason represented the…
MonthLee Transactions – June 2022
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: June 2022 (PASADENA, CA) – Lee & Associates, the largest broker-owned full service commercial real estate firm in North America, offers a partial list of closed sale and lease transactions from the Pasadena, California office. Lee & Associates – Pasadena successfully negotiated the sale of a 7,438 SF office building and a 1,130 SF retail building at 975 E. Green Street and 49 S. Catalina Avenue in…