According to Will Adams and Paul Stockwell of Studley, theowners of the staffing company, AMS, purchased the building fromKenyon Pasadena Associates for $3.84 million through the TaylorRevocable Trust. Adams and Stockwell represented the seller, whilethe buyer was represented by Scott Martin of NAI CapitalCommercial.

The development initially was constructed as the regionalheadquarters for National Automobile and Casualty Co.Adams andStockwell say the property's original design as a headquartersfacility and its ample parking were among the features that made itattractive to the buyers and commanded the $183 per sf price.

The two-story building at 257 Fair Oaks Ave. was built in 1992and is one of the newest office projects in Pasadena, whererelatively little new office development has occurred in recentyears except for a new project called the Pasadena Collection atthe corner of South Lake and Cordova avenues. That $40 millionoffice and retail development is a project of Los Angeles-basedChampion Development and will include a four-story, 70,696-sfstructural steel complex, 52,000 sf of which is office space.