January 12, 2022 (Azusa, CA) Prominent 25,120 SF office building visible from the 210 Freeway located at 1151 W. 5th Street in Azusa successfully closed on January 4, 2022 for $4,396,000. Founding Principals Christopher Larimore and Vincent Molitor from Lee & Associates – Pasadena represented the seller – long-time owner Naxt Motors Inc. Arvin Poblete from NAI Capital represented the buyers, who are physicians that will occupy the building for their medical practices. “The property…
MonthLee Transactions – November 2021
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: November 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 brokered the sale of an office building at 168 E. Arrow Highway in San Dimas, CA for $3,150,000. Christopher Larimore and Chris Johnson represented the Seller, Grand…
MonthLee Transactions – October 2021
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: October 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 brokered the sale of the Auto Palace, a vehicle storage facility, at 460 W. 5th Street in San Pedro. Jamie Harrison and Chris Manassero represented the Seller,…
Lee & Associates Brokers $9,604,000 Investment Sale of Auto Palace in San Pedro, CA
November 9, 2021 (San Pedro, CA) Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced the successful close of a $9,604,000 investment sale of 460 W 5th St in San Pedro, California. Jamie Harrison and Chris Manassero of Lee & Associates – Pasadena, represented both the seller, Flying Colors Group, LP and buyer, Palatine Capital Partners. Auto Palace, located at 460 W 5th St San Pedro, CA, is a 112,500…
Lee & Associates closes sale of 1,000 SF retail building in downtown Yorba Linda
November 5, 2021 (Pasadena, CA) Lee & Associates – Pasadena’s Founding Principal Jamie Harrison and associate Christopher Manassero successfully facilitated the sale of a 1,000 sq. ft. freestanding retail building located at 4893 Main Street in the city of Yorba Linda, California, representing both the Buyer and Seller. This single-story building sold for $875,000 on November 2, 2021, to Terra Culinary LLC. The Seller departs from this property to move out of state while the…
Lee & Associates closed The Becrich Building as a $4,350,000 value-add office sale in Covina, CA
October 26, 2021 (Covina, CA) Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today the successful close of an investment sale in the San Gabriel Valley at 599 S Barranca Avenue in Covina, CA for $4,350,000. Christopher Larimore, Jamie Harrison and Vincent Molitor of Lee & Associates – Pasadena, represented both the seller, Desert Crest LLC and the buyer, Chung and Associates Inc. The Becrich Building, is approximately 27,038…
MonthLee Transactions – August-September 2021
LEE & ASSOCIATES – PASADENA: MONTHLEE TRANSACTIONS: August – September 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 brokered the sale of a 13-unit apartment property at 405-411 Euclid Avenue in Pasadena. Mauricio Olaiz, Robert Leveen, and Mikel Carrion represented both the Buyer…
Setting the Highest Price Per SF, Lee & Associates – Pasadena set the comps for retail in Monterey Park, CA
October 4, 2021 (Monterey Park, CA) Lee & Associates – Pasadena Founding Principals, Christopher Larimore and Dan Bacani, successfully facilitated the sale of a 5,583 square foot, freestanding retail building located at 1950 S. Atlantic Blvd in the city of Monterey Park, California to a local hair salon owner. The building was formerly a pet supply store and suffered from prolonged vacancy. This transaction sets a record for the highest price per square foot sold…
Lee & Associates closes Dynasty Shopping Center as a $29,500,000 court-ordered sale in Chinatown, Los Angeles
July 19, 2021 (LOS ANGELES, CA) Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today the successful $29,500,000 sale of 800-812 N. Broadway and 821 N Spring Street in Chinatown, Los Angeles, CA. Robert Leveen and Jamie Harrison of Lee & Associates – Pasadena, and Mike D. Smith and Armen Kazaryan of Team LA at Lee & Associates – Commerce, together represented the seller, Kevin Singer, Partition Referee…