Pasadena, CA – April 27, 2022– NAI Capital Commercial is pleased to announce that Tina LaMonica with the Pasadena office has completed a 10-year lease for 11,957 square feet in Pasadena, California. Tina represented the landlord, Greenbridge, in the transaction. The tenant, Wake & Late Restaurants LLC, was represented by Camille Camper with Highland Partners Corp. Total consideration was nearly $4 million dollars.
Wake & Late Restaurants will occupy a section of the former Le Cordon Bleu culinary school building located at 525 E Colorado Blvd. Built in 1925, the 4-story office building features approximately 100 feet of ground floor retail space frontage on E Colorado Blvd where Wake & Late Restaurants will be activating the existing restaurant space. The property is in a central Pasadena location with a Walk Score of 90 and immediate access to the 210, 134, and 110 Freeways.
Wake & Late Restaurants specializes in made-to-order breakfast burritos, coffee, and fresh-squeezed Orange Juice, ordered online for delivery or pickup. Wake & Late Restaurants is expanding its footprint in the Los Angeles area to five locations by the end of 2022. They currently have one location in Downtown LA.
Tina said, “525 E Colorado was occupied by Le Cordon Bleu culinary school years ago…the entire building was a cooking school. Now they have multi-tenanted the building.” Tina added, “The Last Crumb is a new tenant on the 4th floor which I helped with as well last year. All the existing kitchen space is now leased. The rest of the building will be office/retail tenants.”
About NAI Capital Commercial
NAI Capital Commercial is the largest agent and employee-owned full service commercial real estate firm headquartered in Southern California. As one of the largest members of NAI Global, a leading global commercial real estate services firm with more than 300 brokerage offices and over 5,100 professionals spanning the globe, NAI Capital Commercial provides a complete range of transaction, valuation, investment, and consulting services. By leveraging our local expertise with our global reach, NAI Capital Commercial offers innovative, customized solutions and seamless service to owners, tenants, investors, and developers throughout Southern California. Our clients have built their businesses on the power of our expanding network. We are a dynamic growing commercial real estate company. At NAI Capital Commercial we work together putting our clients first.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices strategically located throughout North America,
Latin America, Europe, Africa, and Asia Pacific, with over 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
