JUST LEASED 📍 101 South First Avenue, Arcadia, CA 91006 Lee & Associates - #Pasadena is proud to announce that 101 South First Avenue in #Arcadia was just leased. David Chen represented the Landlord. • Asset Type: Retail • Suite Size: 4,000

Lee & Associates - #Pasadena proudly presents the Top Producers for November 2025! Great job team and congratulations! . . #leeassociates #leepasadena #cre #commercialrealestate #topproducers #coffeeisforclosers

Tis the season! 🎄 Our Lee & Associates – #Pasadena team celebrated the holidays in style, thanks to Mauricio Olaiz for hosting a fantastic #Christmas party!

JUST LEASED 📍 4138 Maine Avenue, Suite N2, Baldwin Park, CA 91769 Lee & Associates - #Pasadena is proud to announce that 4138 Maine Avenue, Suite N2, in #BaldwinPark was just leased. Dan Bacani and Greg Kho represented both the Landlord and Tenant.

JUST SOLD 📍 660 North Diamond Bar Boulevard, Suite 128, Diamond Bar, CA 91765 Lee & Associates - #Pasadena is proud to announce 660 North Diamond Bar Boulevard, Suite 128 in #DiamondBar, CA 91765 was just sold. David Chen represented the Seller. • Sale Price: $725,000

FOR SALE 📍 393 - 401 S Fair Oaks Avenue, Pasadena Lee & Associates #Pasadena proudly presents this freestanding medical office property in Pasadena’s prestigious S Fair Oaks #Medical Corridor! Exclusively Listed By Mauricio Olaiz • 626.240.2773 John Berger • 626.240.2779

Wishing you a very Merry #Christmas from all of us at Lee & Associates #Pasadena🎄

Let's ring in #2026 together! Happy New Year from all of us at Lee & Associates #Pasadena🎉🥂 #HNY #roseparade #rosebowl

Lee & Associates - #Pasadena proudly presents the Top Producers for December 2025! Great job team and congratulations! . . #leeassociates #leepasadena #cre #commercialrealestate #topproducers #coffeeisforclosers

JUST SOLD 📍 319 North Allen Avenue, Pasadena, CA 91106 Lee & Associates - #Pasadena is proud to announce 319 North Allen Avenue, in #Pasadena was just sold. Trevor Gleason, John Berger and Mauricio Olaiz represented the Buyer.

JUST LEASED 📍 386 North Lemon Avenue, Walnut, CA 91789 Lee & Associates - #Pasadena is proud to announce that 386 North Lemon Avenue in #Walnut was just leased. David Chen represented the Landlord. • Asset Type: Retail • Suite Size: 750

FOR SALE 📍 965 Fair Oaks Ave, Pasadena, CA Lee & Associates #Pasadena is proud to present For Sale, this owner-user flex/office property in Pasadena’s South Fair Oaks #Medical Corridor! Exclusively Listed By Mauricio Olaiz • 626.240.2773 Elliott Gallahan • 626.240.2785

JUST LEASED 📍 260 S Raymond Ave., Pasadena, CA 91105 Lee & Associates - #Pasadena is proud to announce that tepitocoffee has just leased 260 S Raymond Avenue in #Pasadena. Jodi Shoemake, Greg Kho and Brendon Shoemake brokered this transaction.

JUST SOLD 📍 393-401 S Fair Oaks Ave. Pasadena, CA Lee & Associates - #Pasadena is proud to announce 393-401 S Fair Oaks Ave., in #Pasadena was just sold. Mauricio Olaiz and John Berger represented both the Seller and Buyer. • Sale Price: $8,200,000 • Price per SF: $659.91

JUST LEASED 📍 4671 Huntington Drive, Suite 101 & 102, Los Angeles, CA 90032 Lee & Associates - #Pasadena is proud to announce that 4671 Huntington Drive, Suite 101 & 102, in #LosAngeles was just leased. David Chen represented the Landlord.

JUST LEASED 📍 60 Alta Avenue, Suite 101 & 102, Arcadia, CA 91006 Lee & Associates - #Pasadena is proud to announce that 60 Alta Avenue, Suite 101 & 102 in #Arcadia was just leased. David Chen represented the Landlord. • Asset Type: Office • Suite Size: 1,117

OFFICE MARKET OVERVIEW CHRISTOPHER LARIMORE In Q4 2025, the Mid-Cities office market experienced modest softening, with 12-month net absorption declining by 22,963 SF after midyear gains. Vacancy improved to 3.6%, remaining one of the tightest office markets in the region.

JUST SOLD 📍 10334 Painter Ave., Santa Fe Springs, CA 90670 Lee & Associates - #Pasadena is proud to announce 10334 Painter Ave., in Santa Fe Springs, CA 90670 was just sold. Trevor Gleason, Mauricio Olaiz and John Berger represented both the Seller and Buyer.

MULTIFAMILY MARKET OVERVIEW ROBERT LEVEEN, Senior Vice President The Federal Reserve has responded to the slowing labor market and lowered the key interest rate by 50 bps in the last quarter, despite the target inflation rate of 2% not yet being reached.

OFFICE MARKET OVERVIEW CHRISTOPHER LARIMORE In Q4 2025, the #SGV office market softened, with 12-month net absorption declining by 88,014 SF, reversing gains from earlier in the year. Vacancy edged up to 6.32%, remaining relatively tight compared to broader markets.