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 highest price per square foot sale comp. The buyer was a current tenant who will occupy half of the property and lease out the rest to the current tenants.
A quick sale was had in Diamond Bar at 634 N. Diamond Bar Boulevard of a unique single-story office condo located in the Diamond Bar Executive Business Park. The Office Market Group Pasadena represented the seller in this transaction who had partners interested in diversifying assets which required the disposition of this property. The buyer will be an owner occupant running their own company from this location

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About Lee & Associates

Lee & Associates – Pasadena is a full service commercial real estate company headquartered in Pasadena, CA. Our client-focused brokers specialize in office, retail, tenant advisory, multifamily, and investment sales. As the fastest-growing broker-owned firm in the nation, with more than 60 office locations in North America, we are uniquely qualified to support our clients’ real estate needs in the local, national and international markets. For more information, visit lee-pasadena.com.