Lee & Associates Completes $7.2 Million Multifamily Sale in Glendora

January 3, 2014

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GLENDORA, Calif. – January 3, 2014 – (RealEstateRama) — Lee & Associates, the largest broker-owned commercial real estate firm in the country, has completed the $7.2 million sale of 114,998-square-foot multifamily property in Glendora, Calif.<span id="more-2839"></span></p> <p>Han Widjaja Chen, senior vice president at Lee & Associates Los Angeles – Investment Services Group, represented the buyer and seller in the transaction, both of which were undisclosed.<br /> “This was a highly sought after property that brought numerous qualified buyers to the table,” said Chen. “The seller is doing a 1031 exchange, which allows them to swap one investment for another with zero to limited tax due at the time of the exchange. The buyer owns a private investment group and plans to hold the property long-term.”</p> <table width="100%" cellpadding="0" cellspacing="7" border="0"> <tr bgcolor="#FFFFF1"> <td width="51%" align="center"> <h5><a href="http://www.ifossick.com/multiple-search/usa/media/US-National/Multifamily+Sale.html" target="_blank" rel="nofollow"><font color="#3300FF">Multifamily Sale in National News</font></a></h5> </td> <td width="49%" align="center"> <h5><a href="http://www.ifossick.com/multiple-search/usa/media/Social/Multifamily+Sale.html" target="_blank" rel="nofollow"><font color="#D50000">Multifamily Sale in Social Media</font></a></h5> </td> </tr> </table> <table width="100%" cellpadding="0" cellspacing="7" border="0"> <tr bgcolor="#FFFFF1"> <td width="100%" align="center"> <h5><a href="http://www.ifossick.com/multiple-search/usa/media/California/Multifamily+Sale.html" target="_blank"><font color="#3300FF">Multifamily Sale in California News</font></a></h5> </td> </tr> </table> <p>Located at 320 W. Bennett<br /> Ave., the property was built in 1963 and boasts 27 units. </p> <p>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 California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas, and Wisconsin that house more than 750 brokers, Lee & Associates provides a wide range of specialized commercial real estate services. 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td_uid_6_6742ab3b8b19b_rand td_with_ajax_pagination td-pb-border-top"><h4 class="block-title"><span>Recent Government & Nonprofit Press Releases</span></h4><div id=td_uid_6_6742ab3b8b19b class="td_block_inner"> <div class="td-block-span12"> <div class="td_module_4 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="td-module-image"> </div> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/napolitanos-statement-on-trump-administrations-attack-on-clean-water-ID09898.html" rel="bookmark" title="Napolitano’s Statement on Trump Administration’s Attack on Clean Water">Napolitano’s Statement on Trump Administration’s Attack on Clean Water</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/california">California RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-05T00:04:12+00:00" >July 5, 2019</time></div> </div> <div class="td-excerpt"> Rep. Grace F. Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/flood-protection-and-water-storage-ID09937.html" rel="bookmark" title="Flood Protection and Water Storage">Flood Protection and Water Storage</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-07-04T03:31:39+00:00" >July 4, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/senators-include-legal-protections-for-military-families-in-privatized-housing-in-defense-bill-ID09930.html" rel="bookmark" title="Senators: Include Legal Protections for Military Families in Privatized Housing in Defense Bill">Senators: Include Legal Protections for Military Families in Privatized Housing in...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/realestaterama-2">RealEstateRama</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:24:14+00:00" >April 1, 2019</time></div> </div> </div> </div> </div>  <div class="td-block-span12"> <div class="td_module_6 td_module_wrap td-animation-stack td_module_no_thumb"> <div class="item-details"> <h3 class="entry-title td-module-title"><a href="https://california.realestaterama.com/mccarthy-introduces-legislation-to-repurpose-high-speed-rail-funding-to-water-infrastructure-projects-ID09929.html" rel="bookmark" title="McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure Projects">McCarthy Introduces Legislation to Repurpose High-Speed Rail Funding to Water Infrastructure...</a></h3> <div class="meta-info"> <div class="td-post-author-name"> <span>- </span> <a href="https://california.realestaterama.com/author/congressman-kevin-mccarthy">Congressman Kevin McCarthy</a> <span>- </span> </div> <div class="td-post-date"><time class="entry-date updated td-module-date" datetime="2019-04-01T10:20:36+00:00" >April 1, 2019</time></div> </div> </div> </div> </div> </div></div> <aside class="widget widget_archive"><div class="block-title"><span>Government & Nonprofit Press Release Archive</span></div> 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