Business News • 1888 Press Release • Hanley Investment's Urban Retail Division Sells Trophy Retail/Office Project on Lake Avenue in Pasadena, Calif. for $21 Million

Hanley Investment's Urban Retail Division Sells Trophy Retail/Office Project on Lake Avenue in Pasadena, Calif. for $21 Million

Hanley Investment's Urban Retail Division Sells Trophy Retail/Office Project on Lake Avenue in Pasadena, Calif. for $21 Million

Hanley Investment Urban Retail Advisors represented Arenda Capital Management and AEW in the $21 million purchase of an 87,000 sq. ft. retail/office complex on S. Lake Avenue in Pasadena. The mixed-use property includes the historic Williams-Sonoma building, originally built in 1912, and is home to some of Pasadena's most popular restaurants including Green Street Cafe, Lemonade and Cafe 140.

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Hanley Investment's Urban Retail Division Sells Trophy Retail/Office Project on Lake Avenue in Pasadena, Calif. for $21 Million

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