Lee & Associates Closes $6.6 Million Costa Mesa Office Sale
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Bill Garrett, Jedd Zaun and David Bolt of Lee’s Newport Beach office represented the seller BAFA, LLC while Dan Curtis of Curtis and Associates represented the buyer 2995 Airway, LLC. According to Bolt, the building has a tenant in a portion until next year, but ultimately the owner will occupy the entire building. He added, “The building is a prime corner location and one of the best located properties in the Irvine Business District.”
“The number of sales transactions has been steadily increasing along with prices as the recovery continues. Our year-to-date transaction volume is up 70 percent over the same period in 2012,” said Steve Jehorek, president of Lee’s Newport Beach office.
With this closing, Lee & Associates Newport Beach as closed 507 transactions since January 2013.
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About Lee & Associates
Celebrating more than 34 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 49 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, Texas and Wisconsin. With a roster of nearly 750 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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