The property asset involved in the transaction is a retail building located at 4030 Spencer Highway in Pasadena. The building encompasses 3,081 square feet and is situated on a 0.95-acre lot. The property is currently leased to Black Rock Coffee Bar.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Undisclosed
• Address: 4030 Spencer Highway
• Market: Pasadena
• Square Footage: 3,081
• Acres: 0.95
• Buyer: Emery Albert Laiw
• Seller: Liongate Holdings I LP
• Brokers: Austen Baldridge & Bob Conwell - NewQuest Properties
• Additional Broker: Craig Elster - Marcus & Millichap

The transaction was facilitated by key individuals in the brokerage sectors, with representation from Austen Baldridge and Bob Conwell of NewQuest Properties representing the seller, Liongate Holdings I LP. Craig Elster of Marcus & Millichap was also involved in the transaction, underscoring the collaborative efforts of these professionals in this real estate deal.