Lee & Associates
Jamison Properties Sells 111,000 SQFT Signal Hill Town Center for $12MM, 27% Below Asking, to West Covina Investor
Jamison Properties has closed the sale of the two-building Signal Hill Town Center office complex for $12.03 million, roughly 27 percent below its...
Private Investor Acquires 34,000 SQFT Vista Industrial Portfolio for $9.1MM
A private investor has paid $9.1 million for a trio of small-bay industrial buildings on Cades Way in Vista, doubling down on the...
AMLI Plans 975-Unit Second Act at 100 West Walnut, Razing Parsons’ Former Pasadena Headquarters
Weeks after Parsons Corporation’s lease on its former Old Pasadena headquarters ran out, AMLI Residential has moved to demolish the 12-story tower it...
Private Investor Buys 52-Unit Fairview Heights Apartment Portfolio in Inglewood for $12.375MM
Four aging apartment buildings clustered along a single Inglewood block traded for $12.375 million to a private local investor, a bet that rental...
27,220 SQFT Mixed-Use Property with Approved 134-Unit Redevelopment Plan Hits Market on Pasadena’s South Lake Avenue
A two-story retail and office building on Pasadena’s South Lake Avenue has come to market carrying an unusual asset for buyers weighing the...
Cara Hotel in Los Feliz Hits the Block Unencumbered, Targeting Mid-$40MM Ahead of LA’s Olympic Cycle
A 60-key boutique asset with an award-winning restaurant comes to market free of brand and management as Los Angeles braces for a three-year...
34,400 SQFT Pomona Strip Center Brought to Market for $15.88MM, Banking on Rent Bumps and Flex Zoning
The Garey-Olive Center carries a 6 percent Year 1 cap rate and a projected 30 percent NOI growth over five years as leasing...
Larchmont Charter School Taps $25MM Bond to Acquire 59,000 SQFT Hollywood Campus for $20.5MM
Nonprofit buyer’s exemption from Los Angeles’ transfer tax shaved more than $1 million off the deal as Bolour Associates continues paring back its...
Martin Home Furnishings Renews 115,000 SQFT Otay Mesa Headquarters Lease at EQT Exeter’s 2345 Britannia Blvd in San Diego
The case-goods manufacturer’s mid-March renewal at the Class A cross-border distribution building anchors a quarter in which Otay Mesa accounted for nearly half...
Sharp Capital Tests Glendale Office Demand With Listing for Fully Leased 72,600 SQFT Broadway Tower
Beverly Hills-based investor seeks buyer for 425 W. Broadway as Tri-Cities vacancy hits 26.1 percent Sharp Capital is testing investor appetite for a...
Beacon Capital Lists 185,000 SQFT Pasadena Office Tower Appraised at Nearly $74MM
Cushman & Wakefield is marketing 1055 Colorado, a renovated Class A asset anchored by Kaiser Permanente, OpenText and the City of Pasadena, into...
Reuters-Jamison Venture Closes Out 99,831-SQFT Monterey Park Tower at $17.7MM, a 19% Haircut
Focus Universal lands the Class A asset at roughly $177 per square foot, well below the $21.8MM asking price set in 2024, in...
