Lee & Associates Closes On Industrial Purchase In South El Monte
Torrance, CA – June 14, 2011 – (RealEstateRama) — Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed on the $1.2 million sale of a 10,600 square foot industrial complex at 1746 Tyler Ave., in South El Monte, Calif.
Jeff Bethel, senior VP of Lee & Associates’ City of Industry office, represented both the buyer and the seller in the transaction. Buyer World Reliance Auto takes over the 1976-built, one-building complex. Bade & Langley was the seller.
“This purchase puts World Reliance in an excellent position to expand the scope of its automotive parts distribution business,” Bethel said. “With its large fenced yard, the property makes for a great fit for World Reliance.”
About Lee & Associates
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.