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 the selling of this property to Dr. Mohammad Rasekhi, an Internal Medical Specialist.
Lee & Associates – Pasadena brokered the sale of an office building at 960 W. Mission Boulevard in Pomona for $2,750,000. Chris Johnson represented the Seller, Pomission, in the sale of this 10,682 SF property. This building was sold to Foothill Family Service, an organization that is committed to improving the mental health and well-being of families in the Greater LA region.

Lee & Associates – Pasadena agents Jodi Shoemake and Dan Bacani brokered a 3,500 SF, 10-year lease at 8561 S. Broadway in South Los Angeles to the University of Southern California (USC). Lee Pasadena represented the Landlord in the build-to-suit of a satellite retail location for USC’s Pharmacy school & Keck outreach into the neighboring communities.

Lee & Associates – Pasadena leased a 5,988 SF second floor office space at 224 N. Fair Oaks Avenue in Pasadena. Trevor Gleason represented the Landlord, Medical Real Estate Partners 1, LLC, in this transaction to the Tenant, Trussell Technologies, Inc., an environmental engineering firm focused on process and water quality.
Elliott Gallahan of Lee & Associates – Pasadena leased two office suites at 23838 Valencia Boulevard in Santa Clarita, totaling about 7,986 SF. Representing the Landlord (Allee Investments LP), this property was leased to Santa Clarita Family Optometry, Inc.

 

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ABOUT LEE & ASSOCIATES – PASADENA, INC.
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.

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