One of the properties is located at 20 West Green St. The other is located at 77 Fair Oaks Ave. in Old Town Pasadena.
JSM Palermo LLC consists of LA-based Hanover Financial Co. and Santa Monica-based JSM Construction Co. The duo plans to develop 32 apartment units on the properties with 12,000 sf of office space and 9,000 sf of street-level retail.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.