Press Releases

June 6, 2022 (Pasadena, CA) Two structures located at 2322 E. Foothill Boulevard in Pasadena will be completely refurbished and transformed into six (6) – 375 Square Foot studio apartment units to create housing for students attending Pasadena City College (PCC) who are transitioning out of foster care and experiencing housing insecurity or homelessness. Heritage Housing Partners (HHP) partnered with the City of Pasadena’s Housing Department and Pasadena Community Foundation (PCF) to bring this property…

LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: April 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 developable land consisting of 16,673 SF (0.38 acres) at 1140 Westminster Avenue in Alhambra. Mauricio Olaiz and Trevor Gleason represented the Seller, Apt…

LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: March 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 a 9,631 square foot industrial building. Located within the IRSCO Park Association, this building at 5110 Azusa Canyon Road in Irwindale sold for…

LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: February 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 40,040 square foot mixed-use office building at 12215 Telegraph Road in Santa Fe Springs for $9,450,000. John Berger, Christopher Larimore and…

February 22, 2022 (Santa Fe Springs, CA) Lee & Associates, the largest broker-owned commercial real estate firm in North America, has arranged the $9,450,000 sale of a 40,040 square-foot mixed-use office building in Santa Fe Springs known as Heritage Springs. The seller, Santa Fe Investors, LLC enlisted a team from Lee & Associates – Pasadena to add value to this asset through successful leasing. When the seller desired to diversify their portfolio into more NNN…

LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: January 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 closed Casa Del Rey Apartment Homes in San Gabriel for $19,600,000, with an in-place CAP rate of 2.98%! Robert Leveen and John Berger represented the Seller, a…

January 28, 2022 (San Gabriel, CA) John Berger and Robert Leveen of Lee & Associates – Pasadena are proud to announce the closing of Casa Del Rey Apartment Homes for $19,600,000 with an In-Place CAP rate of 2.98%. The Class B fifty-six unit apartment property is nestled in the East San Gabriel community of Los Angeles County. Constructed in 1969, the property boasts a well-rounded unit mix with over 60% two bedroom units and an average…

LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: December 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 sold a 25,120 SF office building at 1151 W. 5th Street in Azusa for $4,396,000! Christopher Larimore And Vincent Molitor represented the Seller, Naxt Motors Inc., in…

January 14, 2022 – Pasadena, CA To start off the new year, the Pasadena office of Lee & Associates has recently welcomed onboard a new Administrative Assistant, Jennifer Lopez! From her first day in the office, Jenny has shown that she is not only capable of efficiently executing all of her tasks, but also ambitious to learn more. Congratulations to Jenny, we’re so excited to have you!           Jennifer Lopez, Administrative…