INNOVA MEDICAL GROUP LEASES OVER 15,000 SF OFFICE SPACE IN PASADENA

Written by Posted On Thursday, 15 October 2020 08:22

Photo: https://www.dropbox.com/s/9psm8dfuf4ynnjo/Pasadena%20Towers.jpg?dl=0

Pasadena, Calif. (October 15, 2020) - Coldwell Banker Commercial represented Innova Medical Group, Inc. in the leasing of 15,024 square feet of office space at 800 E Colorado Boulevard in the Pasadena Towers I building in Pasadena, Calif. The long-term lease is valued at $8.1 million.

Innova Medical Group Inc., a subsidiary of Pasaca Capital Inc., specializes in production and distribution of innovative medical devices and currently focuses on global supply of COVID-19 rapid test kits. Its best-in-class, Innova branded, SARS-COV-2 rapid antigen testing kit is being hotly sought after by many countries. Innova Medical Group Inc’s rapid growth of the business propels it to look for space that would be quickly available in the San Gabriel Valley.

"The Pasadena Towers location offered great accessibility and security in a class A property with space that could be delivered quickly," said Kathi Constanzo of Coldwell Banker Commercial NRT, who represented the tenant in the transaction. "Working with Innova leadership, we carefully evaluated a number of alternative locations and this property met the client's requirements to meet the needs of their employees and business growth objectives."

The property is owned by CBRE Global Investors. Innova Medical will occupy 3 suites in the property and, with their tenancy, bring the property up to 100% occupancy.

For more information, contact Kathi Constanzo at This email address is being protected from spambots. You need JavaScript enabled to view it. or 626.898.2308, CalDRE #02067397

About Coldwell Banker Commercial NRT

Coldwell Banker Commercial NRT, the local affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types.  With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com

 

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