Lee & Associates Closes $3.1 Million Industrial Sales Transaction

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By The Hoyt Organization -

Torrance, CA – June 16, 2011 – (RealEstateRama) — Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $3.1 million sales transaction for a 15,436-square-foot industrial building located at 2 Wrigley in Irvine, Calif.

Chuck Hardy of Lee & Associates’ Orange office and Mark Jerue and Craig Fitterer of Lee & Associates’ Irvine office represented the seller, East Irvine Partners, LLC. Ryan Campbell of Grubb & Ellis and Amy McNamara of Coldwell Banker represented the buyer, Canaan Irvine Spectrum, LLC.

The property comes equipped with office space that can be modified to suit tenant requirements, one ground level truck door, 436 square feet of warehouse, an extensive glass line and 60-car parking. Located minutes from the John Wayne Airport, the building also has easy access to the 5 and 405 freeways.

Celebrating more than 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, South Carolina, Texas and Wisconsin. With a roster of nearly 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

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