Marcus & Millichap Sells Pasadena Dev Site At 181-187 Monterey Rd For $2.6M With Brokers Glen Scher & Filip Niculete

The development site located at 181, 185 & 187 Monterey Rd in Pasadena has been recently sold for a price of $2,600,000. The property has a building square footage (BSF) of 27,620 and a price per building square footage (PPBSF) of $94. The transaction took place on 04/02/2021 and the sale was facilitated by brokers Filip Niculete and Glen Scher from Marcus & Millichap, as well as Victor Tang from SoCal Realty & Investment Inc.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,600,000
• Building Square Footage (BSF): 27,620
• Price per Building Square Footage (PPBSF): $94
• Date: 04/02/2021
• Address: 181, 185 & 187 Monterey Rd, Pasadena
• Market: Pasadena

Filip Niculete and Glen Scher from Marcus & Millichap, along with Victor Tang from SoCal Realty & Investment Inc., played key roles in facilitating the sale of this development site in Pasadena. They provided their expertise and guidance throughout the transaction, ensuring a successful deal for all parties involved.