Harbor Freight Leases 20810 Square Feet Retail Space In Pasadena From NewQuest Properties

The property involved in this transaction is a retail asset located at the southeast corner of Southmore Avenue and Pasadena Boulevard in Pasadena. It encompasses a total area of 20,810 square feet and is intended for use by Harbor Freight Tools, who is leasing the space to take over a former Goodwill location.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: N/A
• Address: SEC of Southmore Avenue & Pasadena Boulevard
• Market: Pasadena
• Square Footage: 20,810
• Landlord: NewQuest Properties
• Tenant: Harbor Freight
• Landlord's Representative: Bob Conwell - NewQuest Properties
• Tenant's Representative: Jeff Scarborough - Scarborough Real Estate

Bob Conwell represents the landlord, NewQuest Properties, in this lease transaction, while Jeff Scarborough acts as the representative for the tenant, Harbor Freight. They played key roles in facilitating this deal, ensuring successful negotiations for both parties involved.