Tuesday, December 25, 2012

Colliers International Completes Investment Sale in Pasadena, CA to Envirofinance Group, LLC



145-161 Pasadena Ave., South Pasadena, CA
 PASADENA, CA -- Colliers International, the third largest global real estate services organization, has completed the $2.8 million sale of an investment property totaling 42,157 square feet at 145-161 Pasadena Avenue in South Pasadena, Calif.

Shadd Walker, Senior Vice President of Colliers International represented the property seller, 143-161 Pasadena Avenue, LLC. The buyer, Envirofinance Group, LLC, a fully integrated remediation management and land redevelopment firm is based out of Sacramento, Calif., represented itself.

Shadd G. Walker
Envirofinance Group plans to rehabilitate the existing building into a multi-tenant creative office park available for lease in the spring of 2013.

The investment property includes a multi-tenant offices and light-industrial property. The site contains two single-story buildings and one two-story building totaling ±42,157 square feet of rentable building space on approximately ±97,378 square feet of land.

 Contact:

Rainee Tiske
Marketing Specialist | PR GLA| Torrance, CA
Dir +1 310 381 2413
Main +1 310 381 1000

Colliers International
3 Park Plaza, Ste. 1200, Irvine, CA 92614

No comments: