{"id":3638,"date":"2026-07-29T10:29:37","date_gmt":"2026-07-29T17:29:37","guid":{"rendered":"https:\/\/www.lee-associates.com\/pasadena\/?p=3638"},"modified":"2026-07-29T10:29:37","modified_gmt":"2026-07-29T17:29:37","slug":"lee-associates-pasadena-inc-successfully-closes-15-45-million-sale-of-cameron-court-in-west-covina","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/pasadena\/2026\/07\/29\/lee-associates-pasadena-inc-successfully-closes-15-45-million-sale-of-cameron-court-in-west-covina\/","title":{"rendered":"Lee &amp; Associates &#8211; Pasadena, Inc. Successfully Closes $15.45 Million Sale of Cameron Court in West Covina"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-3639 size-medium alignleft\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/07\/Cameron-Court-5-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/07\/Cameron-Court-5-300x169.jpg 300w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/07\/Cameron-Court-5-1024x575.jpg 1024w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/07\/Cameron-Court-5-768x431.jpg 768w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/07\/Cameron-Court-5-1536x863.jpg 1536w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2026\/07\/Cameron-Court-5-2048x1150.jpg 2048w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><em>Campus was 74.7 percent leased at closing after a 10,610 square foot lease was signed during escrow, and Lee &amp; Associates Pasadena stays on for leasing and management<\/em><\/p>\n<p><em><strong>WEST COVINA, CA, July 24, 2026. Lee &amp; Associates Pasadena<\/strong> <\/em>has closed the sale of Cameron Court, a 118,660 square foot office campus at 1501 to 1521 W. Cameron Ave. in West Covina. Rosemead Properties, Inc. bought the three building campus from Jamison Properties for $15,450,000 in an all cash deal, or about $130 per square foot.<\/p>\n<p>Jamie Harrison, President and Founding Principal, and Christopher Larimore, Founding Principal, of Lee &amp; Associates Pasadena represented the seller.<\/p>\n<p>Cameron Court has 40 suites across its three buildings and was 74.7 percent leased at closing. That includes a 10,610 square foot lease signed during escrow. Vincent Molitor and Christopher Larimore of Lee &amp; Associates Pasadena represented ownership in that negotiation.<\/p>\n<p>The lease brings roughly $267,000 in annual base rent to the new owner and cuts available space to about 30,000 square feet. A rooftop solar system on the campus transferred to the buyer at closing.<\/p>\n<p>\u201cCameron Court gave the buyer something you do not see often in this submarket, a stabilized rent roll with real occupancy upside and a large block of contiguous space that leased while we were still in escrow,\u201d said Harrison. \u201cGetting it signed before we closed took a meaningful piece of risk off the table and confirmed the rent assumptions in our underwriting.\u201d<\/p>\n<p>New Class B office supply in the San Gabriel Valley has been limited, and several older buildings have come out of inventory through residential conversion. Cameron Court offers surface parking, a tenant roster that includes medical, social services and professional users, and quick access to the 10 Freeway.<\/p>\n<p>\u201cDemand for well located Class B office in the San Gabriel Valley is steady, especially from medical and social services tenants looking for suites between 1,000 and 10,000 square feet,\u201d said Larimore. \u201cSupply in that range keeps shrinking as older product comes offline, and buyers have noticed.\u201d<\/p>\n<p>About 30,000 square feet remains available at Cameron Court, and Vincent Molitor and Christopher Larimore of Lee &amp; Associates Pasadena are marketing the space on behalf of the new ownership. Lee &amp; Associates Pasadena Management has taken over property management of the campus for the new owner.<\/p>\n<table style=\"border-collapse: collapse;width: 59.1711%\">\n<tbody>\n<tr>\n<td style=\"width: 54.2254%\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-779 \" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/02\/Jamie-Harrison-277x300.png\" alt=\"Portrait of Jamie Harrison in a suit\" width=\"203\" height=\"220\" \/><\/td>\n<td style=\"width: 142.008%\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3288 \" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2024\/09\/Christopher-Larimore.png\" alt=\"Portrait of Christopher Larimore in a suit\" width=\"206\" height=\"223\" \/><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 54.2254%\"><span style=\"font-family: arial, helvetica, sans-serif\"><strong><span style=\"font-size: 10pt\"><a href=\"https:\/\/www.lee-associates.com\/pasadena\/jamie-harrison\/\">Jamie Harrison<\/a><br \/>\nPresident<br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\">626.240.2784<br \/>\n<\/span><a href=\"mailto:jamie.harrison@lee-associates.com\"><span style=\"font-size: 10pt\">jamie.harrison@lee-associates.com<\/span><\/a><strong><span style=\"font-size: 10pt\"><br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\">License ID 01290266<\/span><\/span><\/td>\n<td style=\"width: 142.008%\"><span style=\"font-family: arial, helvetica, sans-serif\"><strong><span style=\"font-size: 10pt\"><a href=\"https:\/\/www.lee-associates.com\/pasadena\/christopher-larimore\/\">Christopher Larimore<\/a><br \/>\nFounding Principal<br \/>\n626.240.2788<br \/>\n<\/span><\/strong><span style=\"font-size: 10pt\"><a href=\"mailto:clarimore@lee-associates.com\">clarimore@lee-associates.com<\/a><\/span><strong><span style=\"font-size: 10pt\"><br \/>\nLicense ID 01314464<\/span><\/strong><\/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>Campus was 74.7 percent leased at closing after a 10,610 square foot lease was signed during escrow, and Lee &amp; Associates Pasadena stays on for leasing and management WEST COVINA, CA, July 24, 2026. Lee &amp; Associates Pasadena has closed the sale of Cameron Court, a 118,660 square foot office campus at 1501 to 1521 W. Cameron Ave. in West Covina. Rosemead Properties, Inc. bought the three building campus from Jamison Properties for $15,450,000 in&#8230;<\/p>\n","protected":false},"author":197,"featured_media":3640,"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-3638","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>Sale of Cameron Court in West Covina<\/title>\n<meta name=\"description\" content=\"Lee &amp; Associates Pasadena has closed the sale of Cameron Court, a 118,660 square foot office campus at 1501 to 1521 W. Cameron Ave. in West Covina. Rosemead Properties, Inc. bought the three building campus from Jamison Properties for $15,450,000 in an all cash deal, or about $130 per square foot.\" \/>\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\/07\/29\/lee-associates-pasadena-inc-successfully-closes-15-45-million-sale-of-cameron-court-in-west-covina\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lee &amp; Associates - Pasadena, Inc. Successfully Closes $15.45 Million Sale of Cameron Court in West Covina\" \/>\n<meta property=\"og:description\" content=\"Lee &amp; Associates Pasadena has closed the sale of Cameron Court, a 118,660 square foot office campus at 1501 to 1521 W. Cameron Ave. in West Covina. 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