{"id":1732,"date":"2020-02-20T13:46:15","date_gmt":"2020-02-20T21:46:15","guid":{"rendered":"https:\/\/www.lee-associates.com\/pasadena\/?p=1732"},"modified":"2020-02-20T13:47:05","modified_gmt":"2020-02-20T21:47:05","slug":"sale-of-1-42-million-storefront-property-by-robert-leveen","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/pasadena\/2020\/02\/20\/sale-of-1-42-million-storefront-property-by-robert-leveen\/","title":{"rendered":"Sale of $1.42 million Storefront Property by Robert Leveen"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1733 alignleft\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2020\/02\/142-Huntington-Closed-RL-SM-300x300.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2020\/02\/142-Huntington-Closed-RL-SM-300x300.jpg 300w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2020\/02\/142-Huntington-Closed-RL-SM-1024x1024.jpg 1024w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2020\/02\/142-Huntington-Closed-RL-SM-150x150.jpg 150w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2020\/02\/142-Huntington-Closed-RL-SM-768x768.jpg 768w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2020\/02\/142-Huntington-Closed-RL-SM-1536x1536.jpg 1536w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2020\/02\/142-Huntington-Closed-RL-SM-2048x2048.jpg 2048w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>February 10, 2020 (ARCADIA, CA) \u2013 <\/strong>Lee &amp; Associates \u2013 Pasadena\u2019s Senior Vice President, <a href=\"https:\/\/www.lee-associates.com\/pasadena\/robert-leveen\/\">Robert Leveen<\/a>, brokered the sale of 142-144 E. Huntington Drive in the city of Arcadia, California, located on the city\u2019s busiest roadway. Successfully representing the seller and buyer, the two-unit storefront property sold for $1,420,000 ($264 per square foot).<\/p>\n<p>The property had been owned by the same family for over 60 years and was locally known as the go-to bicycle shop in Arcadia for decades. Ownership decided to sell the property after Helen\u2019s Cycles vacated the site to focus on their West Los Angeles business operations.<\/p>\n<p>The buyer is a private investor with significant holdings in Arcadia and intends to lease the one vacant space, and hold the property for potential future development.<\/p>\n<p>###<\/p>\n<p><strong><u>About Lee &amp; Associates<\/u><\/strong><\/p>\n<p>Lee &amp; Associates \u2013 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\u2019 real estate needs in the local, national and international markets. For more information, visit <a href=\"http:\/\/www.lee-pasadena.com\">lee-pasadena.com<\/a>.<\/p>\n<table style=\"border-collapse: collapse;width: 23.1327%;height: 42px\">\n<tbody>\n<tr style=\"height: 48px\">\n<td style=\"width: 3.75635%;height: 42px;text-align: center\"><strong>Share<\/strong><\/td>\n<td style=\"width: 4.04645%;height: 42px\"><a href=\"https:\/\/www.facebook.com\/LeePasadena\/photos\/a.832485843615445\/1281227718741253\/?type=3&amp;theater\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1635\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/facebook-color.jpg.png\" alt=\"\" width=\"34\" height=\"34\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/facebook-color.jpg.png 186w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/facebook-color.jpg-150x150.png 150w\" sizes=\"auto, (max-width: 34px) 100vw, 34px\" \/><\/a><\/td>\n<td style=\"width: 4.34783%;height: 42px\"><a href=\"https:\/\/www.instagram.com\/p\/B8cay7Tnpr-\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1632\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/instagram-color-300x300.png\" alt=\"\" width=\"36\" height=\"36\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/instagram-color-300x300.png 300w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/instagram-color-150x150.png 150w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/instagram-color.png 560w\" sizes=\"auto, (max-width: 36px) 100vw, 36px\" \/><\/a><\/td>\n<td style=\"width: 4.00479%;height: 42px\"><a href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:6633132868820447232\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1633\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/LinkedIn-300x300.png\" alt=\"\" width=\"35\" height=\"35\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/LinkedIn-300x300.png 300w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/LinkedIn-150x150.png 150w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/LinkedIn-768x768.png 768w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/LinkedIn.png 1024w\" sizes=\"auto, (max-width: 35px) 100vw, 35px\" \/><\/a><\/td>\n<td style=\"width: 3.57044%;height: 42px\"><a href=\"https:\/\/twitter.com\/PasadenaLee\/status\/1230605493384732672?s=20\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1634\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/twitter-300x300.png\" alt=\"\" width=\"35\" height=\"35\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/twitter-300x300.png 300w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/twitter-150x150.png 150w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/twitter-768x768.png 768w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/twitter-1024x1024.png 1024w\" sizes=\"auto, (max-width: 35px) 100vw, 35px\" \/><\/a><\/td>\n<td style=\"width: 3.9811%;height: 42px\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>February 10, 2020 (ARCADIA, CA) \u2013 Lee &amp; Associates \u2013 Pasadena\u2019s Senior Vice President, Robert Leveen, brokered the sale of 142-144 E. Huntington Drive in the city of Arcadia, California, located on the city\u2019s busiest roadway. Successfully representing the seller and buyer, the two-unit storefront property sold for $1,420,000 ($264 per square foot). The property had been owned by the same family for over 60 years and was locally known as the go-to bicycle shop&#8230;<\/p>\n","protected":false},"author":72,"featured_media":1733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,2],"tags":[],"class_list":["post-1732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-press-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.6 (Yoast SEO v28.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sale of $1.42 million Storefront Property by Robert Leveen - Lee &amp; Associates Pasadena<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/pasadena\/2020\/02\/20\/sale-of-1-42-million-storefront-property-by-robert-leveen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sale of $1.42 million Storefront Property by Robert Leveen\" \/>\n<meta property=\"og:description\" content=\"February 10, 2020 (ARCADIA, CA) \u2013 Lee &amp; Associates \u2013 Pasadena\u2019s Senior Vice President, Robert Leveen, brokered the sale of 142-144 E. Huntington Drive in the city of Arcadia, California, located on the city\u2019s busiest roadway. Successfully representing the seller and buyer, the two-unit storefront property sold for $1,420,000 ($264 per square foot). 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