Transaction Details
Sold
Gateway to Old Towne
125,000 Square Feet Land
Land Assemblage Project
Multiple Property Owners
400 Front Feet on 134 Freeway
Juggled Various 1031 Exchanges
Another example of our persistence in the assemblage of multiple parcels necessary to undertake a major development. By working with several owners simultaneously, one of which was the iconic Pasadena Athletic Club, a downtown fixture for decades, Paley Commercial was able to combine nearly three acres of first-class land for a future hotel and multi-family development that set new price records for the area.