MonthLee Transactions – July 2023

LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: July 2023

(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.

 

Robert Leveen (representing Wise Capital LLC, the Seller) and Greg Kho (representing DMJJ Los Angeles LLC, the Buyer) closed a Multi-Family property at 1715 Westmoreland Blvd., in Los Angeles for $3,265,000.
Chris Johnson closed an Office Building at 3218 E. Holt Ave., in West Covina, representing Xinqian Huang, the Buyer. This property was sold for $2,100,000.
Greg Kho successfully closed a lease transaction of an office space with 2,429 SF at 923 E. 3rd St. #107 in Los Angeles, with an asking rate of $2.55 per square foot. Greg represented the tenant, Otherwoks, Inc.
Elliot Gallahan represented the landlord at 182 S. Rosemead Blvd., in Pasadena for a retail space with 515 SF and an asking rate of $3.50 per square foot.

Founding Principal Jamie Harrison and Senior Associate Christopher Manassero, represented the sellers in both closings of a Carl’s Jr., on 820 W. Kettleman Ln, Lodi, for $1,825,414; and a Del Taco on 18990 Van Buren Blvd., in Riverside, for $3,384,908. Both transactions closed above asking price.
Principal Sean Fang, represented the tenant and closed a 4,000 SF industrial warehouse lease on 13838 Bentley in Cerritos. This property was leased for $6,960 a month.

 

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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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