Lee & Associates Irvine Completes $2.8 Million Office REO Transaction
La Habra, CA – July 14, 2011 – (RealEstateRama) — The Irvine office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed on a $2.8 million REO sale of a 35,618-square-foot office property called La Habra Town Center I & II in La Habra, Calif.
Lee Irvine’s Andrew Robben and Brian Garbutt represented Chase Bank, which sold the property located at 100, 110 and 120 E. La Habra Blvd. The bank REO was sold by Robben and Garbutt in less than 90 days on the market with an all cash transaction. The buyer for Town Center Office La Habra, LLC, was represented by David Black and Michael Lawrence of Marcus & Millichap.
About Lee & Associates
Celebrating 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 California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, Nevada, Texas, South Carolina and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com