MonthLee Transactions – February 2021

LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: FEBRUARY 2021

(PASADENA, CA) – Lee & Associates, the largest broker-owned full service commercial real estate firm in North America, closes the following sale and lease transactions from the Pasadena, California office.

Lee & Associates – Pasadena brokered the investment sale of a Class A, 79,184 square-foot, single-tenant industrial building located at 2105 Boge Avenue in Idaho Falls, ID, closing at $14,500,000. John Berger and Mauricio Olaiz of Lee & Associates – Pasadena represented the buyer, Idaho Falls Holdings. TOL Commercial Real Estate represented the seller, Tech Park, LLC. Fully leased at the time of sale to Northwest Cosmetic Labs, LLC dba Elevation Labs.
Lee & Associates – Pasadena closed a 4,800 square foot retail lease at 161 Pasadena Avenue, South Pasadena, CA to Elementary Robotics, Inc. Jodi Shoemake and Mikel Carrion represented the landlord, Doheny Family Trust.
Lee & Associates – Pasadena leased office space at 1272 Center Court Drive, Covina, CA to Farmers Insurance. Christopher Larimore and Vincent Molitor represented the landlord, 1272 Center Court, LLC.
Lee & Associates – Pasadena closed a retail lease at 3843 E Colorado Blvd, Pasadena, CA for their landlord client. Elliott Gallahan and Mauricio Olaiz also represented the tenant, Lots of Pets.
Lee & Associates – Pasadena leased office space at 444 E. Huntington Drive, Arcadia, CA to Global Power Energy, LLC. Christopher Larimore and Vincent Molitor represented the landlord, Everwin Investment, Inc.
Lee & Associates – Pasadena leased office space at 1320 Valley Vista Drive, Diamond Bar, CA to Lagos Financial & Insurance Services, Inc. Chris Johnson, Christopher Larimore and Vincent Molitor represented the landlord, Futurenet Realty, LLC.

 

Visit Us:

 

###

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.

###