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…
Lee & Associates closes sale of 1,000 SF retail building in downtown Yorba Linda
November 5, 2021 (Pasadena, CA) Lee & Associates – Pasadena’s Founding Principal Jamie Harrison and associate Christopher Manassero successfully facilitated the sale of a 1,000 sq. ft. freestanding retail building located at 4893 Main Street in the city of Yorba Linda, California, representing both the Buyer and Seller. This single-story building sold for $875,000 on November 2, 2021, to Terra Culinary LLC. The Seller departs from this property to move out of state while the…
Lee & Associates closed The Becrich Building as a $4,350,000 value-add office sale in Covina, CA
October 26, 2021 (Covina, CA) Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today the successful close of an investment sale in the San Gabriel Valley at 599 S Barranca Avenue in Covina, CA for $4,350,000. Christopher Larimore, Jamie Harrison and Vincent Molitor of Lee & Associates – Pasadena, represented both the seller, Desert Crest LLC and the buyer, Chung and Associates Inc. The Becrich Building, is approximately 27,038…
MonthLee Transactions – August-September 2021
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: August – September 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 a 13-unit apartment property at 405-411 Euclid Avenue in Pasadena. Mauricio Olaiz, Robert Leveen, and Mikel Carrion represented both the Buyer…
First time on the market in 70 years, Colleen Carey from Lee & Associates – Pasadena closes sale on 5.78 AC of vacant land
October 14, 2021 (San Bernardino, CA) Lee & Associates – Pasadena Founding Principal, Colleen Carey, closed the sale on a 5.78-acre parcel of vacant land located on Kendall Drive fronting the 15 Freeway in North San Bernardino, California. The parcel is in the Glen Helen Specific Plan Area, which is zoned Corridor Industrial. “This property offering was extremely competitive as there was high demand from developers due to its zoning allowing for industrial distribution use….