PASADENA, CA – NAI Capital’s Pasadena office has successfully negotiated several transactions for a combined consideration of nearly $6 million.

Carl E. Anderson represented the lessor, 301 N. Lake Avenue, LLC in the lease of a 13,140 square foot law office located at 310 N. Lake Avenue, Suite 1000, in Pasadena to Lagerlof, Senecal, Gosney & Kruse LLP.   The 6+ year lease is valued at over $2 million.   The lessee was represented by Cushman & Wakefield.

In a separate deal, Scott Martin, SIOR represented James Y. Lin in the purchase of a 16,000 square foot 14 unit apartment building and a 3,000 square foot medical office building situated on 24,250 square feet of land at 222-224 South Santa Anita Avenue in Arcadia from Positive Investments.  The transaction was valued at $3,080,000.00.  The seller was represented by California Forefront.

John T. Martin and Dan Bacani, also with NAI Capital’s Pasadena office, represented A/M Gateway Associates, LLC In the lease of a 2,981 square foot retail property located at 929 W. Huntington Drive in Monrovia to Ramla USA, Inc.   The long-term lease is valued at close to $800,000.00.

For more information regarding these transactions contact NAI Capital’s Pasadena office at 626.654.4800.