LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: October 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. Colleen Carey and Brendon Shoemake (representing M&D Professional LLC, the Seller) closed a Medical Office property at 620 N Lake Ave., in Pasadena for $8,300,000. Mauricio Olaiz, represented the Landlord (Sreedhar R….
Jodi Shoemake joins the Rose Bowl Legacy Foundation as a New Board Member
PASADENA, CA. (July 27, 2023) The Rose Bowl Legacy Foundation, formed in 2010, has announced the addition of new members to its Board of Directors and Advisory Board – Christopher Beltran, Denise Melone, Jodi Shoemake and Jim Plutchak. The Board will continue the mission of the Legacy family of volunteers of the World-Famous Rose Bowl Stadium. As a new inductee of the Rose Bowl Legacy Foundation, Lee & Associates – Pasadena’s founding partner Jodi Shoemake…
Lee & Associates Pasadena Hires Hannah Howard As Associate
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…