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Mark Shuster's Shuster Advisory Group LLC Leases 9,000 SF Office In Pasadena

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LEASED

California

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Office9,000 SF
Leased 03/18/2024
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LEASED

Mark Shuster's Shuster Advisory Group LLC Leases 9,000 SF Office In Pasadena

155 North Lake Avenue

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Office9,000 SF
Leased 03/18/2024
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:9,000 SF
Transaction Type:Lease

The property at 155 North Lake Avenue in Pasadena, a 9,000-square-foot office space, was leased by the private wealth management firm Shuster Advisory Group LLC. The move was facilitated by Savills Inc. and marks the company's relocation to enhance collaboration in a Class A building known as NOLA 155.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not mentioned
  • Landlord: Christopher Peatross - Swift Real Estate Partners
  • Tenant: Mark Shuster - Shuster Advisory Group LLC
  • Landlord's Rep: Doug Marlow - CBRE
  • Tenant's Rep: Andrew Lustgarten & Mike Catalano - Savills
  • Lease Term: Long-term

The leasing deal at 155 North Lake Avenue in Pasadena involved key individuals such as Christopher Peatross representing Swift Real Estate Partners as the landlord, and Mark Shuster from Shuster Advisory Group LLC as the tenant. The tenant's representation was handled by Andrew Lustgarten and Mike Catalano of Savills, signifying a strategic real estate move for Shuster Advisory Group LLC to optimize their work environment for enhanced efficiency and collaboration.

Players

Douglas (Doug) Marlow
4 deals(818) 502-6707
BROKER


Details

LEASED
IMAGE: Christopher Peatross, Mark Shuster, Doug Marlow, Andrew Lustgarten & Mike Catalano DATE: 03/18/2024 ADDRESS: 155 North Lake Avenue MARKET: Pasadena ASSET TYPE: Office ~ SF: 9,000 LANDLORD: Christopher Peatross - Swift Real Estate Partners TENANT: Mark Shuster - Shuster Advisory Group LLC LANDLORD'S REP: Doug Marlow - CBRE (@CBRE) TENANT'S REP: Andrew Lustgarten & Mike Catalano - Savills (@Savills) LEASE TERM: long-term NOTE: Private wealth management firm Shuster Advisory Group LLC has relocated to a 9,000-square-foot office space in NOLA 155, Pasadena, aiming for enhanced collaboration. The move, facilitated by Savills Inc., reflects their need for an open environment, with executives noting the scarcity of such opportunities in Class A buildings like NOLA 155.

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Deal Type
Effective Rent (Annual)

$515,874.57

Total Lease Value

$5,158,745.69

Net Landlord Cash Flow$515,874.57