Staffing Firm Buys HQ Building

PASADENA, CA-The principals of a medical and pharmaceutical staffing and placement company have acquired a 20,936-sf office building that will serve as the new headquarters for the company, according to brokers from Julien J. Studley Inc.

According to Will Adams and Paul Stockwell of Studley, the owners of the staffing company, AMS, purchased the building from Kenyon Pasadena Associates for $3.84 million through the Taylor Revocable Trust. Adams and Stockwell represented the seller, while the buyer was represented by Scott Martin of NAI Capital Commercial.

The development initially was constructed as the regional headquarters for National Automobile and Casualty Co.Adams and Stockwell say the property’s original design as a headquarters facility and its ample parking were among the features that made it attractive to the buyers and commanded the $183 per sf price.