Lee & Associates Ontario Completes 21,455-SF Industrial Sale

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By The Hoyt Organization -

Torrance, CA – June 23, 2011 – (RealEstateRama) — Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed on the $2 million sale of a 21,455-square-foot industrial park located at 1488 E. Mission Blvd., in Pomona, Calif.

Senior VP Todd Launchbaugh and Associate Justin Leewood of Lee & Associates’ Ontario office represented the sellers Hua-Chiang Wang and Shan Duo Chang in the transaction. Buyer DE & Z, LLC, was represented by Encon Commercial.

The property, built in 2004 and lies between the 60, 71 and 15 freeways, features two-story offices and a fenced yard.

Launchbaugh and Leewood also represented the sellers in the relocation of their company, Tool King Motor, to its new location in Montclair, Calif.

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.

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Ranked as one of the top 25 public relations firms in Los Angeles by the Los Angeles Business Journal, The Hoyt Organization is a full-service, strategic communications firm that provides complete public relations counseling and crisis communication services. With more than two decades of experience, the firm specializes in developing public relations, social media and digital marketing programs for business-to-business, real estate, professional service firms, financial entities, healthcare organizations, as well as retail, legal, technology and business-to-consumer-based companies.

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