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…
Lee & Associates – Pasadena Closes Casa Del Rey Apartment Homes for $19,600,000
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…
MonthLee Transactions – December 2021
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…
Lee & Associates Pasadena Hires Jennifer Lopez as Administrative Assistant
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…
Lee & Associates – Pasadena Closes An All Cash Sale on a 25,210 SF Office Building in Azusa, CA
January 12, 2022 (Azusa, CA) Prominent 25,120 SF office building visible from the 210 Freeway located at 1151 W. 5th Street in Azusa successfully closed on January 4, 2022 for $4,396,000. Founding Principals Christopher Larimore and Vincent Molitor from Lee & Associates – Pasadena represented the seller – long-time owner Naxt Motors Inc. Arvin Poblete from NAI Capital represented the buyers, who are physicians that will occupy the building for their medical practices. “The property…
Lee & Associates Pasadena Hires Farah Teerling as Marketing Coordinator
December 20, 2021 – Pasadena, CA The Pasadena office of Lee & Associates has recently welcomed onboard a new Marketing Coordinator, Farah Teerling. Farah was hired as a temporary employee to assist the Office Administration department and demonstrated such great aptitude, talent and skill, that the Pasadena office jumped at the opportunity to hire her full-time. Farah will replace Kimberly Barbata effective January 2022 and will spearhead the Marketing Department. “After five years of working…
MonthLee Transactions – November 2021
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: November 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 an office building at 168 E. Arrow Highway in San Dimas, CA for $3,150,000. Christopher Larimore and Chris Johnson represented the Seller, Grand…
MonthLee Transactions – October 2021
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: October 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 the Auto Palace, a vehicle storage facility, at 460 W. 5th Street in San Pedro. Jamie Harrison and Chris Manassero represented the Seller,…
Lee & Associates Brokers $9,604,000 Investment Sale of Auto Palace in San Pedro, CA
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…