Press Releases

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…

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…

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…

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…

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…

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…

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…

July 6, 2022 (Pasadena, CA) 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 Pasadena for $5,500,000. Associate Trevor Gleason and President John Berger represented the Seller, 975 E Green Street, LLC, in this sale. The buildings were purchased by one of the Tenants, a law firm which was represented by an…

June 22, 2022 – Pasadena, CA The Pasadena office of Lee & Associates has recently promoted Mauricio Olaiz from Associate to Principal! Mauricio started at the Lee Pasadena office in 2018 and has made many notable impressions with no less than four years of achievements at this office. “Mauricio has demonstrated since his start with us the disposition and drive to achieve this status and earned more than required as of last week to qualify,”…