Otter Lake Farm, Inc. Acquires Retail Property In Pasadena For $7M From Seller Orange Grove Collision Center

Located in Pasadena, the retail property at 640 N. Fair Oaks Ave recently changed hands in a closed transaction. The property spans 17,110 square feet and was sold for a total price of $7,000,000, resulting in a price per square foot of $409.12. The buyer, Otter Lake Farm, Inc., acquired the property from the seller, Orange Grove Collision Center. The deal was facilitated by Oron Maher, a representative from Maher Commercial, who acted on behalf of the buyer and seller.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $7,000,000
• Size: 17,110 square feet
• Price per Square Foot: $409.12
• Buyer: Otter Lake Farm, Inc.
• Seller: Orange Grove Collision Center
• Broker: Oron Maher - Maher Commercial

Oron Maher, a representative from Maher Commercial, played a crucial role in facilitating the transaction between Otter Lake Farm, Inc. and Orange Grove Collision Center. The deal resulted in the successful transfer of ownership of the retail property located at 640 N. Fair Oaks Ave in Pasadena.