Torrance, CA – March 24, 2011 – (RealEstateRama) — Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed on the $5.86 million sale of a 78,486-square foot industrial building located at 2525 El Presidio St., in Carson, Calif., just outside Los Angeles.
Jeff Gahagan and Scott Seal of Lee & Associates-Orange represented the undisclosed buyer. Clint McMorris of Colliers International represented the seller, Charles Tsai.
The property, which was built in 1990, includes 6,318 square feet of office space.
“Transactions such as these help lend proof that the Southern California industrial market is thawing,” Gahagan said. “This particular asset represents a good deal for the buyer, because it is positioned between several major freeways, plus the ports of Los Angeles and Long Beach.”
About Lee & Associates
Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 41 locations across the nation including California, Arizona, Georgia, Idaho, Illinois, Indiana, Michigan, Missouri, New Jersey, Nevada, Texas and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.
