MonthLee Transactions – December 2022
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: December 2022
(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.
|Dan Bacani of Lee & Associates – Pasadena and Nick Peukpiboon of DAUM Commercial represented the undisclosed Seller in the sale of a 6,612 SF single-tenant building at 110 E. Holly Street in Pasadena for $6,000,000. This property was once home to a 22-horse livery stable for the carriage business, Josephina’s Restaurant and a Rose Parade construction shop to name a few. The property was vacant at the time of closing.|
|Lee & Associates – Pasadena agents Jamie Harrison and Chris Manassero sold a 7,670 SF retail building at 4734-4740 N. Grand Avenue in Covina for $2,335,000. They represented the Buyer and Seller on this sale transaction that closed on December 8, 2022.|
|Lee & Associates – Pasadena brokered the sale of a 5,000 SF industrial property at 5488 Alhambra Avenue in Los Angeles for $1,515,000 in an all-cash transaction. Mauricio Olaiz and Trevor Gleason represented the Seller in this successful transaction that closed on December 29, 2022.|
Lee & Associates – Pasadena agent Robert Leveen represented the Buyer, Freetown Holdings Company, Inc., in the transaction of a 14,737 SF investment property at 1036-1040 W. 105th Street in Los Angeles. This successful deal closed on December 30, 2022 for $980,000.
|Mauricio Olaiz and Trevor Gleason of Lee & Associates – Pasadena sold a 3,446 SF industrial flex property at 5028 Alhambra Avenue in Los Angeles for $800,000. Olaiz and Gleason represented the Buyer and the Seller in this all-cash 30-day quick close deal.|
|Lee & Associates – Pasadena agents Christopher Larimore and Vincent Molitor represented the Landlord, Thrifty Oil Co., in the lease transaction of a 6,153 SF office space at 5200 Irwindale Avenue in Irwindale.|
|Lee & Associates – Pasadena agent Colleen Carey represented the Landlord, TWD Properties, LLC, in the 62 month lease transaction of a 1,551 SF medical space at 959 E. Walnut Street in Pasadena.|
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.