Lee & Associates Negotiates $2.5 Million Industrial Sales Transaction
Torrance, CA – September 12, 2011 – (RealEstateRama) — Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $2.5 million sales transaction for 2.8 acres of land located at 13926 Carmenita Road in Santa Fe Springs, Calif. The buyer will construct a 54,500-square-foot industrial building for its own use.
Clif Fincher and Brad Gilmer of Lee & Associates’ Orange office represented the buyer, Durable U.S.A. Steve Sprenger and Scott Sanders of Grubb & Ellis represented the seller, Feser Family Partnership.
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, 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.