November 9, 2021 (San Pedro, CA) Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced the successful close of a $9,604,000 investment sale of 460 W 5th St in San Pedro, California. Jamie Harrison and Chris Manassero of Lee & Associates – Pasadena, represented both the seller, Flying Colors Group, LP and buyer, Palatine Capital Partners. Auto Palace, located at 460 W 5th St San Pedro, CA, is a 112,500…
Lee & Associates closes sale of 1,000 SF retail building in downtown Yorba Linda
November 5, 2021 (Pasadena, CA) Lee & Associates – Pasadena’s Founding Principal Jamie Harrison and associate Christopher Manassero successfully facilitated the sale of a 1,000 sq. ft. freestanding retail building located at 4893 Main Street in the city of Yorba Linda, California, representing both the Buyer and Seller. This single-story building sold for $875,000 on November 2, 2021, to Terra Culinary LLC. The Seller departs from this property to move out of state while the…
Lee & Associates closed The Becrich Building as a $4,350,000 value-add office sale in Covina, CA
October 26, 2021 (Covina, CA) Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today the successful close of an investment sale in the San Gabriel Valley at 599 S Barranca Avenue in Covina, CA for $4,350,000. Christopher Larimore, Jamie Harrison and Vincent Molitor of Lee & Associates – Pasadena, represented both the seller, Desert Crest LLC and the buyer, Chung and Associates Inc. The Becrich Building, is approximately 27,038…
MonthLee Transactions – August-September 2021
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: August – September 2021 (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 a 13-unit apartment property at 405-411 Euclid Avenue in Pasadena. Mauricio Olaiz, Robert Leveen, and Mikel Carrion represented both the Buyer…
First time on the market in 70 years, Colleen Carey from Lee & Associates – Pasadena closes sale on 5.78 AC of vacant land
October 14, 2021 (San Bernardino, CA) Lee & Associates – Pasadena Founding Principal, Colleen Carey, closed the sale on a 5.78-acre parcel of vacant land located on Kendall Drive fronting the 15 Freeway in North San Bernardino, California. The parcel is in the Glen Helen Specific Plan Area, which is zoned Corridor Industrial. “This property offering was extremely competitive as there was high demand from developers due to its zoning allowing for industrial distribution use….
Setting the Highest Price Per SF, Lee & Associates – Pasadena set the comps for retail in Monterey Park, CA
October 4, 2021 (Monterey Park, CA) Lee & Associates – Pasadena Founding Principals, Christopher Larimore and Dan Bacani, successfully facilitated the sale of a 5,583 square foot, freestanding retail building located at 1950 S. Atlantic Blvd in the city of Monterey Park, California to a local hair salon owner. The building was formerly a pet supply store and suffered from prolonged vacancy. This transaction sets a record for the highest price per square foot sold…
MonthLee Transactions – July 2021
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: July 2021 (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 closes Dynasty Shopping Center, a $29,500,000 court-ordered sale located at 800-812 N. Broadway and 821 N Spring Street in Chinatown, Los Angeles, CA. Robert Leveen and Jamie Harrison of…
MonthLee Transactions – June 2021
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: June 2021 (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 leased 10,744 square feet of medial office space, with a gross consideration of $2,053,488 located at 333 S. Arroyo Parkway in Pasadena, CA for landlord, HRC Properties, LLC….
Lee & Associates closes Dynasty Shopping Center as a $29,500,000 court-ordered sale in Chinatown, Los Angeles
July 19, 2021 (LOS ANGELES, CA) Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today the successful $29,500,000 sale of 800-812 N. Broadway and 821 N Spring Street in Chinatown, Los Angeles, CA. Robert Leveen and Jamie Harrison of Lee & Associates – Pasadena, and Mike D. Smith and Armen Kazaryan of Team LA at Lee & Associates – Commerce, together represented the seller, Kevin Singer, Partition Referee…