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Pacific Clinics Leases Office Space At 625 Fair Oaks Avenue In Pasadena

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LEASED
$3

California

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Office18,370 SF
Leased 07/21/2023
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Property Image
LEASED

Pacific Clinics Leases Office Space At 625 Fair Oaks Avenue In Pasadena

625 S Fair Oaks Ave Pasadena, CA 91105, USA

See Similar Deals
Office18,370 SF
Leased 07/21/2023
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$3
Total Square Footage:18,370 SF
Transaction Type:Lease

The recently leased property located at 625 Fair Oaks Avenue in Pasadena is an office space comprising 18,370 square feet. The lease transaction was facilitated by Greenbridge, the landlord, and Pacific Clinics, the tenant. The lease term is set for 5 years, with an asking rent of $3.25 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 625 Fair Oaks Avenue, Pasadena
  • Market: Pasadena
  • Landlord: Greenbridge
  • Tenant: Pacific Clinics
  • Landlord's Representative: Tina LaMonica - NAI Capital
  • Tenant's Representative: Jeffrey Boucher - Radius Agent Realty
  • Asking Rent: $3.25 per square foot
  • Lease Term: 5 years

Tina LaMonica from NAI Capital served as the landlord's representative in the lease deal, while Jeffrey Boucher, representing Radius Agent Realty, acted as the tenant's representative.

Players

Tina LaMonica
11 deals$29.1M volume
BROKER

Jeffrey Boucher
1 deal
BROKER

Details

LEASED
IMAGE: Tina LaMonica & Jeffrey Boucher DATE: 07/21/2023 ADDRESS: 625 Fair Oaks Avenue MARKET: Pasadena ASSET TYPE: Office LANDLORD: Greenbridge TENANT: Pacific Clinics LANDLORD'S REP: Tina LaMonica (@TinaLaMonica) - NAI Capital (@NAI.Global) TENANT'S REP: Jeffrey Boucher - Radius Agent Realty ASKING RENT: $3.25/ft ~ SF: 18,370 LEASE TERM: 5 years

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Deal Type
Effective Rent (Annual)

$68,442.23

Total Lease Value

$684,422.25

Net Landlord Cash Flow$68,442.23