Lee & Associates Negotiates $3.8 Million Industrial Sales Transaction
Torrance, CA – January 12, 2012 – (RealEstateRama) — Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $3.8 million sales transaction for a 102,566-square-foot industrial building located at 26090 Ynez Road in Temecula, Calif.
Charley Black and Mike Strode, senior vice presidents of the Lee & Associates Temecula Valley office and Matt Sullivan, senior vice president of the Lee & Associates ISG office represented the seller, US Bank National Association. Andy Melzer and Kerry Schimpf of the Cassidy Turley North San Diego County office and Jon Stevenson and Rick Gilliam of Hightower Investments in Orange County represented the buyer, JLNI, LLC and KPN Industrial, LLC in joint partnership.
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, 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.
