Lee & Associates Closes $7 Million Industrial Sales Transaction

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Torrance , CA – January 17, 2012 – (RealEstateRama) — Lee & Associates, one of the nation’s leading commercial real estate providers with regional expertise, has closed a $7 million sales transaction for a 105,680-square-foot industrial property located at 16804-16808 Gridley Place in Cerritos, Calf.

Jim Halferty and James Kinetz, senior vice presidents in the Lee Los Angeles – Central office, represented the buyer, Nima Accessories, who plans to use the building as a warehouse. The seller, L-W Income Properties, was represented by Colliers International.

About Lee & Associates:
Celebrating more than 33 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 45 locations across the nation including Arizona, California, Florida, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, New York, 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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