September 6, 2023 – Pasadena, CA The Pasadena office of Lee & Associates is proud to welcome onboard a new Associate, Hannah Howard! With previous experience as a Project Manager for a construction firm, Hannah is equipped with the skills necessary to successfully manage expectations and deliver outstanding customer service. She understands the importance of building strong relationships and goes above and beyond to exceed client expectations. “We are excited to welcome Hannah as the…
Lee & Associates – Pasadena Successfully Closes Two Transactions Over List Price
August 11, 2023 (Pasadena, CA) – Lee & Associates – Pasadena’s Jamie Harrison and Chris Manassero, successfully closed the sale of 820 W. Kettleman Ln, Lodi and 18990 Van Buren Blvd., Riverside, representing the Seller in both transactions. The Carl’s Jr. restaurant on 820 W. Kettleman Lane has a long-term lease, which was signed in 1981, located in the city of Lodi. It is situated on a pad to a CVS anchored shopping center, with…
MonthLee Transactions – July 2023
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: July 2023 (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. Robert Leveen (representing Wise Capital LLC, the Seller) and Greg Kho (representing DMJJ Los Angeles LLC, the Buyer) closed a Multi-Family property at 1715 Westmoreland Blvd., in Los Angeles for $3,265,000. Chris…
Lee & Associates – Pasadena Successfully Leases Out Brunswick Court in Old Pasadena
August 2, 2023 (Pasadena, CA) – Lee & Associates – Pasadena Principals, Jodi Shoemake, Christopher Larimore, and Vincent Molitor, successfully leased the third floor of Brunswick Court in Old Pasadena at 4,335 square feet, including a 750 square foot exclusive rooftop deck. Christopher Larimore and Vincent Molitor represented the tenant. Jodi Shoemake represents the Landlord, Doheny Family Trust. “As an established company in the gaming technology industry, our client was already operating in Pasadena but…
Lee & Associates – Pasadena closes Architecturally Significant Harvard Heights HPOZ for $3,265,000
July 25, 2023 (Pasadena, CA) – Lee & Associates – Pasadena’s Robert Leveen, representing Wise Capital LLC (seller), and Gregory Kho, representing DMJJ Los Angeles LLC (buyer), successfully closed the sale of 1715 Westmoreland Blvd. in Los Angeles. This fully occupied income generating multi-family investment offers lucrative cash flow in a high-demand low vacancy neighborhood. Constructed in 1986, the property is located in the protected Harvard Heights HPOZ, renowned for architecturally significant homes. The prime…
Lee & Associates Pasadena Promotes Sean Fang to Principal
July 20, 2023 – Pasadena, CA Lee Associates – Pasadena, Inc. is excited to announce the addition of a new principal, Mr. Fang, to their team of premier commercial real estate agents. With several years of experience as Vice President in the commercial real estate industry, Mr. Fang consistently proved himself as a top producer. His positive energy and extensive knowledge of the industry make him a valuable asset to the Lee Associates – Pasadena…
Lee & Associates – Pasadena Closes $4 million all-cash sale on a 19,300 SF Office Building in Covina, CA
June 19, 2023 (Covina, CA) Lee & Associates-Pasadena has successfully closed Royale Oaks Offices Building in an all-cash sale for $4,028,000, located at 1272-1274 Center Court Drive in Covina, CA. Represented by Principals Jamie Harrison, Christopher Larimore, and Vincent Molitor, the property was sold near its asking price to an international investor at a 4.1% cap rate with 82% occupancy. The new owner obtained a unique value-add investment property and intends to continue renting to…
Lee & Associates closes $7.1 million retail sale in Pasadena Playhouse Village
June 15, 2023 (Pasadena, CA) Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced the successful closing of 865 E. Colorado Blvd. in Pasadena, CA. Principals from Lee & Associates – West LA Robert Clifford and Vaun Lennon and Lee & Associates – Pasadena Colleen Carey and Jodi Shoemake represented the seller, KSO Pasadena, LLC, while Sean Fang, also from the Lee & Associates – Pasadena represented the buyer. Situated…
MonthLee Transactions – March 2023
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: March 2023 (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 completed the sale of 57 Palmetto Drive in Pasadena for $2,700,000. Mauricio Olaiz and John Berger represented both the Buyer, WTW Properties LLC, and the Seller,…