Blog #pasadena

19Aug

Ron Mgrublian Finds Upleg for 1031 Exchange Warehouse Buyer

Despite record low inventory Ron Mgrublian & Patrick Reddy were able to successfully find an exchange in the highly sought after Pasadena, California market.

Representing the Seller on the sale of 15343 Illinois Ave in Paramount, California, Ron Mgrublian was able to successfully find the Upleg portion of the 1031 Exchange for his client.  The property at 2094 E. Foothill Blvd in Pasadena, CA was identified with the assistance of Patrick Reddy of the Lee & Associates LA North office.  For more information contact Ron Mgrublian.

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21Apr

Q1 2021 San Gabriel Valley Industrial Report

The Commercial Real Estate Industrial submarket of Los Angeles, California in the San Gabriel Valley saw impressive gains in leasing and sales in the 1st Quarter of 2021.

The San Gabriel Valley saw impressive gains in leasing and sales activity in the 1st quarter of 2021 in the Industrial Commercial Real Estate segment.  The top lease was a 572,240 SF transaction in El Monte and top sale a $33M deal in Pasadena.  Click below for full report.

Q1 2021 SGV Commercial Industrial Real Estate ReportPDF • 883KB
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23Oct

3rd Quarter San Gabriel Valley Industrial Real Estate Market Report

The 3rd quarter of 2020 saw continued rental rate growth and further reductions in the inventory levels in the San Gabriel Valley Industrial Market.

The vacancy rate continued its downward trend in the San Gabriel Valley, a submarket of the Los Angeles Industrial Real Estate Market, since peaking in Q1 of 2020.    Rent growth also continued its upward trend since dropping in Q4 of 2019.  Industrial Real Estate inventory levels remain low as interest rates continue to spur buying activity and COVID related consumer preference changes drive space demand from brick & mortar to e commerce & warehouse.  Click here for full report.

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