{"id":3570,"date":"2026-04-14T11:38:03","date_gmt":"2026-04-14T18:38:03","guid":{"rendered":"https:\/\/www.lee-associates.com\/pasadena\/?p=3570"},"modified":"2026-04-14T11:41:23","modified_gmt":"2026-04-14T18:41:23","slug":"pasadena-medical-office-sale-333-south-arroyo-parkway","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/pasadena\/2026\/04\/14\/pasadena-medical-office-sale-333-south-arroyo-parkway\/","title":{"rendered":"Lee &amp; Associates &#8211; Pasadena Facilitates $14.99M Off-Market Sale of Medical Office Building in Pasadena"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-3571 alignleft\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/04\/333-South-Arroyo-Parkway-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/04\/333-South-Arroyo-Parkway-300x200.jpg 300w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/04\/333-South-Arroyo-Parkway-1024x683.jpg 1024w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/04\/333-South-Arroyo-Parkway-768x512.jpg 768w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/04\/333-South-Arroyo-Parkway-1536x1024.jpg 1536w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/04\/333-South-Arroyo-Parkway-272x182.jpg 272w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/04\/333-South-Arroyo-Parkway.jpg 1800w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><strong><em>Pasadena, CA \u2013 April 14, 2026<\/em><\/strong><\/p>\n<p>Lee &amp; Associates &#8211; Pasadena is pleased to announce the successful sale of a 22,394-square-foot multi-tenant medical office building located at 333 South Arroyo Parkway in Pasadena, California. The property traded for $14,988,000, representing a price of $669.29 per square foot.<\/p>\n<p>The transaction was facilitated by Lee &amp; Associates brokers <a href=\"https:\/\/www.lee-associates.com\/pasadena\/john-berger\">John Berger<\/a>, <a href=\"https:\/\/www.lee-associates.com\/pasadena\/dan-bacani\/\">Dan Bacani<\/a>, <a href=\"https:\/\/www.lee-associates.com\/pasadena\/mauricio-olaiz\/\">Mauricio Olaiz<\/a>, and <a href=\"https:\/\/www.lee-associates.com\/pasadena\/trevor-gleason\/\">Trevor Gleason<\/a>, who represented both the buyer and the seller in the deal.<\/p>\n<p>Constructed in 1985, the three-story medical office building sits on a 16,199-square-foot lot in one of Pasadena\u2019s most desirable commercial corridors. The asset\u2019s multi-tenant configuration and established medical tenancy made it a highly strategic acquisition.<\/p>\n<p>Notably, the sale was completed off-market and stemmed from a long-term lease structure that included a purchase option for the buyer. The terms of the transaction were originally negotiated approximately five years prior, demonstrating the value of forward-thinking deal structuring and long-term client advisory.<\/p>\n<p>\u201cThis transaction highlights the importance of strategic planning and relationship-driven brokerage,\u201d said John Berger. \u201cBy aligning the interests of both parties early on, we were able to create a seamless path to ownership that ultimately benefited both the buyer and seller.\u201d<\/p>\n<p>Located along the prominent Arroyo Parkway corridor, the property benefits from strong visibility, accessibility, and proximity to Pasadena\u2019s core amenities, making it an attractive long-term investment for medical office users and investors alike.<\/p>\n<table style=\"border-collapse: collapse;width: 93.4015%\">\n<tbody>\n<tr>\n<td style=\"width: 8.51524%\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-782  alignnone\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/02\/John-Berger-277x300.png\" alt=\"\" width=\"206\" height=\"224\" \/><\/td>\n<td style=\"width: 8.5602%\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-720 alignnone\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/02\/Dan-Bacani-1-277x300.png\" alt=\"\" width=\"210\" height=\"228\" \/><\/td>\n<td style=\"width: 7.92824%\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-787 alignnone\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/02\/Mauricio-Olaiz-277x300.png\" alt=\"\" width=\"209\" height=\"227\" \/><\/td>\n<td style=\"width: 9.25528%\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-773 alignnone\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/02\/Trevor-Gleason-277x300.png\" alt=\"\" width=\"211\" height=\"229\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 8.51524%\"><span style=\"font-family: arial, helvetica, sans-serif\"><strong><span style=\"font-size: 10pt\"><a href=\"https:\/\/www.lee-associates.com\/pasadena\/john-berger\/\">John Berger<\/a><br \/>\n<\/span><\/strong><\/span><span style=\"font-family: arial, helvetica, sans-serif\"><span style=\"font-size: 10pt\"><strong>Founding Principal<br \/>\n<\/strong><\/span><\/span><span style=\"font-family: arial, helvetica, sans-serif\"><span style=\"font-size: 10pt\">626.240.2779<br \/>\n<a href=\"mailto:jberger@lee-associates.com\">jberger@lee-associates.com<\/a><br \/>\n<\/span><span style=\"font-size: 10pt\">License ID 01799514<\/span><\/span><\/td>\n<td style=\"width: 8.5602%\"><span style=\"font-family: arial, helvetica, sans-serif\"><strong><span style=\"font-size: 10pt\"><a href=\"https:\/\/www.lee-associates.com\/pasadena\/dan-bacani\/\">Dan Bacani<\/a><br \/>\nFounding Principal<br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\">626.240.2781<br \/>\n<\/span><a href=\"mailto:dbacani@lee-associates.com\"><span style=\"font-size: 10pt\">dbacani@lee-associates.com<\/span><\/a><strong><span style=\"font-size: 10pt\"><br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\">License ID 01385413<\/span><\/span><\/td>\n<td style=\"width: 7.92824%\"><span style=\"font-family: arial, helvetica, sans-serif\"><strong><span style=\"font-size: 10pt\"><a href=\"https:\/\/www.lee-associates.com\/pasadena\/mauricio-olaiz\/\">Mauricio Olaiz<\/a><br \/>\nPrincipal<br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\">626.240.2773<\/span><strong><span style=\"font-size: 10pt\"><br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\"><a href=\"mailto:molaiz@lee-associates.com\">molaiz@lee-associates.com<\/a><\/span><strong><span style=\"font-size: 10pt\"><br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\">License ID<\/span><span style=\"font-size: 10pt\"> 02073450<\/span><\/span><\/td>\n<td style=\"width: 9.25528%\"><span style=\"font-family: arial, helvetica, sans-serif\"><strong><span style=\"font-size: 10pt\"><a href=\"https:\/\/www.lee-associates.com\/pasadena\/trevor-gleason\/\">Trevor Gleason<\/a><br \/>\nSenior Associate<br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\">626.240.2774<\/span><strong><span style=\"font-size: 10pt\"><br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\"><a href=\"mailto:tgleason@lee-associates.com\">tgleason@lee-associates.com<\/a><\/span><strong><span style=\"font-size: 10pt\"><br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\">License ID<\/span><span style=\"font-size: 10pt\"> 02075121<\/span><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong><em>###<\/em><\/strong><\/p>\n<p><strong><u>ABOUT LEE &amp; ASSOCIATES<br \/>\n<\/u><\/strong>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, <a href=\"https:\/\/linktr.ee\/leeassociatespasadena?utm_source=ig&amp;utm_medium=social&amp;utm_content=link_in_bio&amp;fbclid=PAZXh0bgNhZW0CMTEAc3J0YwZhcHBfaWQMMjU2MjgxMDQwNTU4AAGnC51no7SI_X-3ufDM0gJ3A03XS_oEmHkBRteN58oU8HiauCHXN9lcn11Sd7c_aem_-jXLvd4lKOkFn_PYT8OIhw\">Follow Us!<\/a><\/p>\n<p><strong><em>###<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pasadena, CA \u2013 April 14, 2026 Lee &amp; Associates &#8211; Pasadena is pleased to announce the successful sale of a 22,394-square-foot multi-tenant medical office building located at 333 South Arroyo Parkway in Pasadena, California. The property traded for $14,988,000, representing a price of $669.29 per square foot. The transaction was facilitated by Lee &amp; Associates brokers John Berger, Dan Bacani, Mauricio Olaiz, and Trevor Gleason, who represented both the buyer and the seller in the&#8230;<\/p>\n","protected":false},"author":197,"featured_media":3573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,2],"tags":[581,582,595,586,241],"class_list":["post-3570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-press-releases","tag-commercial-real-estate","tag-cre","tag-ilovela","tag-investment-sale","tag-lee-associates"],"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>$14.99M Off-Market Medical Office Sale in Pasadena | Lee &amp; Associates<\/title>\n<meta name=\"description\" content=\"Lee &amp; Associates Pasadena closed a $14.99M off-market sale of a 22,394 SF medical office building at 333 S Arroyo Parkway in Pasadena, CA.\" \/>\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\/2026\/04\/14\/pasadena-medical-office-sale-333-south-arroyo-parkway\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lee &amp; 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