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MODLOCK Signs 1,680 SF Retail Lease At 15 East Holly Street In Pasadena

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LEASED

Louisiana

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Retail1,680 SF
Leased 09/19/2023
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LEASED

MODLOCK Signs 1,680 SF Retail Lease At 15 East Holly Street In Pasadena

15 East Holly Street

See Similar Deals
Retail1,680 SF
Leased 09/19/2023
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Summary

LOUISIANA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:1,680 SF
Transaction Type:Lease

A home security company, MODLOCK, has signed a lease for a 1,680-square-foot retail space located at 15 East Holly Street in Pasadena. The property will serve as an experiential showroom for Liberty Safe, Alarm.com, and Google Home products. MODLOCK plans to expand its retail presence in Southern California, prioritizing excellent service support for these units.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not available
  • Square Footage: 1,680
  • Address: 15 East Holly Street, Pasadena
  • Market: Pasadena

Frank Renfro, representing MODLOCK, finalized the lease agreement as the tenant. Hoss MacVaugh, from MacVaugh & Company, served as the landlord's representative, facilitating the deal. JLL, represented by Houman Mahboubi and Marisa Renfro, acted as the tenant's representatives in the transaction.

Players

Houman Mahboubi
10 deals$408.5M volume(310) 210-1428
BROKER


Details

LEASED
IMAGE: Hoss MacVaugh, Marisa Renfro, Frank Renfro and Houman Mahboubi DATE: 09/19/2023 ADDRESS: 15 East Holly Street MARKET: Pasadena ASSET TYPE: Retail ~ SF: 1,680 TENANT: MODLOCK (@modlock.us) - Frank Renfro (@franktrenfro) LANDLORD'S REP: Hoss MacVaugh (@hmacvaugh) - MacVaugh & Company (@macvaugh_and_company) TENANT'S REP: Houman Mahboubi (@houmanmahboubi) & Marisa Renfro (@marisa.renfro) - JLL (@jll) NOTE: Home security company MODLOCK has signed a 1,680-square-foot retail lease at 15 E. Holly St. in Pasadena, where it will establish an experiential showroom for Liberty Safe, Alarm.com, and Google Home products. MODLOCK plans to expand its retail presence in Southern California with a focus on robust service support for these units.

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Deal Type
Effective Rent (Annual)

$96,296.59

Total Lease Value

$962,965.86

Net Landlord Cash Flow$96,296.59