January 20, 2021 (LOS ANGELES, CA) Robert Leveen, Senior Vice President at Lee & Associates – Pasadena successfully closed the sale of Hobart Apartments located at 248 S. Hobart Blvd, Los Angeles in Koreatown. Representing the seller, Mr. Leveen sold this value add opportunity which is an 8-unit apartment constructed in 1928 and consists of eight – two bedroom/one and one quarter bath townhome units for $2,190,000 or $273,750 per unit. The buyer purchased this…
Storefront retail sold in Old Town Monrovia by Jamie Harrison and Chris Manassero
November 19, 2020 (MONROVIA, CA) Jamie Harrison, Principal, and Chris Manassero, Associate, both from Lee & Associates – Pasadena, brokered the sale of the property that was formerly Kaleidoscope Antiques located at 306 S. Myrtle Avenue in the city of Monrovia, California. Successfully representing the seller, Jamie and Chris sold this 7,440 square foot commercial storefront retail property. Rare owner-user opportunity with frontage along Myrtle Avenue, this location has great access to the 210 Freeway…
LEE & ASSOCIATES-PASADENA CLOSES 17,000 SF LEASE WITH GROCERY OUTLET BARGAIN MARKET IN ARCADIA, CA AT THE SHOPPES @ HIGHLANDER CENTER
November 23, 2020 (ARCADIA, CA) – Grocery Outlet, a publicly traded company which is recognized as one of our nation’s largest value-oriented grocery chains has signed a 17,000 sq. ft. lease at The Shoppes @ Highlander Center located at 165 E Foothill Blvd. in Arcadia, California, formerly occupied by Rite Aid. Dan Bacani and Jodi Shoemake of Lee & Associates-Pasadena as well as David Maltzman of Globe Street Properties represented the landlord. Nathan Cromeenes of…
Jodi Shoemake, Founding Principal at Lee & Associates – Pasadena, gives interview to Bisnow about ICSC’s RECon 2020
May 19, 2020 (PASADENA, CA) Jodi Shoemake, Founding Principal at Lee & Associates – Pasadena, gives an interview to Bisnow about the changes to this years’ annual RECon event typically held in Las Vegas, NV. To prevent the spread of the coronavirus and following state and local orders, the International Council of Shopping Centers in March canceled its annual RECon retail convention in Las Vegas. The group postponed its other events through August. But with…
Lee & Associates Pasadena’s Colleen Carey Brokers $2.3 million sale of Xiem Clay Center on Lake Ave in Pasadena, CA
March 11, 2020 (PASADENA, CA) Colleen Carey, Founding Principal at Lee & Associates – Pasadena, with 20+ years in the industry, brokered the sale of the property that is home to The Xiem Clay Center located at 1561-1565 N. Lake Avenue in the city of Pasadena, California. Successfully representing the seller, Colleen sold this 5,330 square foot commercial property sold for $2,300,000. The seller, Brian Fees, also owned the Xiem Clay Center business operating at…
New Associate Join Lee Pasadena’s Office & Retail Divisions
PASADENA, Calif.—March 4, 2020 The Pasadena office of Lee & Associates has announced the addition of Brandon Dix, who will specialize in office and retail brokerage in the Tri-Cities market. Mr. Dix is a Corporal in the United States Marine Core Reserve and Suma Cum Laude graduate from the University of San Francisco, where he majored in Finance and Marketing. After graduating, Mr. Dix began his commercial real estate career at Lee & Associates –…
Office Market Group Pasadena Closes Two Sales in February
February 20, 2020 (PASADENA, CA) – Christopher Larimore and Vincent Molitor of the Office Market Group Pasadena at Lee & Associates – Pasadena successfully represented the sale of two commercial properties in the month of February. Setting the market in Covina for medial office properties with the sale of 147-153 W College Street. Representing the owner of this single-story, multi-tenant medical-dental building, The Office Market Group Pasadena sold it for $414 which is currently the…
Sale of $1.42 million Storefront Property by Robert Leveen
February 10, 2020 (ARCADIA, CA) – Lee & Associates – Pasadena’s Senior Vice President, Robert Leveen, brokered the sale of 142-144 E. Huntington Drive in the city of Arcadia, California, located on the city’s busiest roadway. Successfully representing the seller and buyer, the two-unit storefront property sold for $1,420,000 ($264 per square foot). The property had been owned by the same family for over 60 years and was locally known as the go-to bicycle shop…
Lee Pasadena continues growth with Investment Sales Associate hire
PASADENA, Calif.—January 20, 2020 The Pasadena office of Lee & Associates has announced the addition of Christopher Manassero, who will specialize in the investment sales of commercial property throughout Southern California. Mr. Manassero joins the office as an Associate and is a graduate of the University of Nevada, Las Vegas earning a Bachelor’s of Science degree in Business Administration & Finance. Before joining Lee & Associates – Pasadena, Inc., Mr. Manassero worked as an Audit…