LOS ANGELES –– With the growth of brick-and-mortar retail concepts, JLL announced today that MODLOCK has signed a 1,680-square-foot lease at 15 East Holly Street in Pasadena, California. MODLOCK is an innovative retail concept that redefines home safety and security. It offers a contemporary approach, featuring an experiential showroom that showcases cutting-edge AI-driven security tools. Additionally, MODLOCK proudly serves as licensed dealers for trusted brands like Liberty Safe, Alarm.com, Google Home, and more.
“At MODLOCK, we prioritize delivering a personalized and immersive shopping experience to homeowners,” said Frank Renfro, MODLOCK CEO. “Our showroom will allow customers to try before they buy, empowering them to make informed decisions about their security needs. Additionally, we are committed to not only offering exceptional products but also providing robust service support through partnerships with trusted companies in the industry”
Frank Renfro went on to say “In a rapidly evolving landscape where traditional door locks are being replaced by digital counterparts, police departments advocate for video-verified alarm systems, disruptive AI security solutions emerge, and the demand for a reimagined locksmith store has never been higher.”
JLL’s Houman Mahboubi and Marisa Renfro represented MODLOCK in the lease. The landlord was represented by Hoss MacVaugh of MacVaugh & Company.
“As the only Liberty Safe exclusive safe dealer in Southern California, MODLOCK wanted to open a showroom that had access to multiple transportation corridors and neighboring communities,” said Houman Mahboubi, JLL Managing Director. “The company likes the visibility this property provided.”
Renfro continued by saying “MODLOCK is planning to build out a region-wide retail footprint with robust service companies to support the retail units.”
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.9 billion and operations in over 80 countries around the world, our more than 103,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.