Jamie Dimon Of J.P. Morgan Chase Leases 25,901 Square Feet At 201 South Lake Avenue Pasadena

The property asset involved in this transaction is an office located at 201 South Lake Avenue, Pasadena, CA, with a total square footage of 25,901. The lease reinforces Pasadena’s status as a financial-services and professional-services hub, amidst a broader Tri-Cities office market characterized by a recorded high vacancy rate of 24.8 percent.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 201 South Lake Avenue
• Market: Pasadena, CA
• Asset Size: 25,901 SF
• Tenant: Jamie Dimon - J.P. Morgan Chase

J.P. Morgan Chase signed the lease, indicating a substantial credit-tenant presence in the South Lake corridor, which is significant amidst declining absorption rates in the surrounding areas including Glendale, Burbank, and North Hollywood.