Kang Wang Acquires Development Site At 85 West Green Street Pasadena From Jack Guiragosian For $2M

The transaction involved a development site located at 85 West Green Street in Pasadena, which was sold for a total of $2,000,000. This property represents an opportunity in the real estate market targeting development potential. The asset type falls under the category of development sites, aligning with the buyer's investment strategy in the region.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,000,000
• Buyer: Kang Wang
• Seller: Jack Guiragosian
• Brokers: Brandon Michaels & Emin Gabrimasshih - Marcus & Millichap
• Date of Sale: 09/19/2025

The deal highlights the involvement of Brandon Michaels and Emin Gabrimasshih as brokers from Marcus & Millichap, representing the transaction and facilitating the negotiations between the buyer and seller. Their expertise played a crucial role in the successful closing of the deal in the competitive Pasadena market.