Athleta - Pasadena, California

Sales Price: $10,000,000Cap Rate: 6.26%Guarantor: CorporateTerm Remaining: 4 yearsRate Increases: 10% per Option

Talk about down to the wire, NLX negotiated and closed the deal in less than three (3) weeks, with only days left on our client’s 180-day exchange deadline. Needless to say, this Pasadena, CA investment not only completed our client’s 1031 exchange requirements, it did so without sacrificing on quality of real estate.

"The location on Colorado is everything I hoped it would be. Thanks for your persistence in finding a property where we had a meeting of the minds." - Les