Pasadena Child Development Associates Leases 16,163 Square Feet of Office and Medical Space in Pasadena's Central Business District
Pasadena Child Development Associates (PCDA) has leased 16,163 square feet of office and medical space in Pasadena's Central Business District, with PCDA represented by Tina LaMonica of NAI Capital Commercial.
Pasadena, California - Pasadena Child Development Associates (PCDA) has recently finalized a lease agreement for 16,163 square feet of office and medical space in Pasadena’s Central Business District. The lease encompasses two adjacent buildings located at 790 East Green Street and 118 South Oak Knoll Avenue.
PCDA, a prominent child development organization, will utilize the space to expand its operations and provide comprehensive services to the community. The lease transaction was facilitated by Tina LaMonica, a seasoned commercial real estate broker from NAI Capital Commercial.
The Central Business District in Pasadena is a highly sought-after location for businesses due to its strategic positioning and vibrant commercial environment. The area offers a mix of office, retail, and medical spaces, attracting a diverse range of tenants.
The leased space, with a total area of 16,163 square feet, is classified as medical office space. This type of property is in high demand in Pasadena, given the city’s thriving healthcare sector and the need for specialized medical facilities.
The deal represents a significant milestone for PCDA as it expands its footprint in the region. The organization is known for its exceptional child development programs and has been serving the community for over two decades. With the additional space, PCDA will be able to enhance its services and accommodate a larger number of clients.
Tina LaMonica, the broker representing PCDA in the lease transaction, is a highly respected professional in the commercial real estate industry. With her extensive knowledge of the Pasadena market and her expertise in negotiating complex deals, LaMonica played a crucial role in securing this lease for PCDA.
NAI Capital Commercial, the brokerage firm that LaMonica is affiliated with, is renowned for its exceptional client service and its ability to deliver successful real estate transactions. The firm has a strong presence in the Pasadena market and has been instrumental in numerous high-profile deals.
The lease agreement between PCDA and the property owner is expected to have a positive impact on both parties. PCDA will benefit from the prime location and the additional space to expand its operations, while the property owner will secure a long-term tenant for their buildings.
In conclusion, the lease of 16,163 square feet of office and medical space in Pasadena’s Central Business District by Pasadena Child Development Associates is a significant development in the local commercial real estate market. The deal highlights the demand for medical office space in the area and the growing presence of PCDA in the region. With the expertise of Tina LaMonica and the support of NAI Capital Commercial, this transaction is a win-win for all parties involved.