2020 Marks De Pietro Holdings’ 65th Anniversay and Its Office Move to Pasadena, CA
Los Angeles – De Pietro Holdings LLC will celebrate its 65th Anniversary in 2020 and will mark the milestone by continuing to serve its tenants and vendors and moving its offices from Los Angeles, CA to Pasadena, CA in the first half of the year.
In 1955, husband and wife, Frank and Frances De Pietro, purchased 11 acres of former agricultural land in West Covina, CA. They would go on to subdivide the land and develop three office buildings, one retail/office building, one medical building and three multifamily projects on the site. These initial projects were the foundation of what would grow to become De Pietro Holdings LLC.
“2020 is an exciting year for us as a company as we continue the legacy of our family business,” said Dennis De Pietro, partner at De Pietro Holdings LLC. “We continue to focus on the partnerships we have developed with our tenants and have concluded several recent important lease renewals that illustrate our mutual commitment to these relationships and to the ongoing operations of our properties.”
After 65 years in the City of Los Angeles, De Pietro Holdings LLC will move its offices to the newly renovated multi-tenant flex building at 101-117 Waverly Drive in Pasadena, CA. Acquired in 2013, the building will function as an office and studio and provide the company with a centrally located home to continue its mission to deliver high level services to its tenants and create value through operational improvements and the successful repositioning of its buildings.
About De Pietro Holdings LLC
De Pietro Holdings LLC is a privately held commercial real estate investment company that has grown to own approximately 630,000 square feet of office, industrial, medical office, R&D, and retail properties across 15 cities and four states. The Company has remained a family run and operated organization that focuses on developing long term business relationships and practical and creative solutions that satisfy tenant requirements now and in the future. De Pietro Holdings LLC’s properties are primarily located in Southern California and the greater Phoenix, AZ , Denver, CO, Colorado Springs, CO and Salt Lake City, UT areas.