Todd Launchbaugh, SIOR, senior vice president at Lee & Associates Ontario, represented the seller, MBL Resnick, LLC, in the transaction. Tony Naples, senior vice president at Lee & Associates Los Angeles-Central, along with Ryan Campbell of Newmark Grubb Knight Frank, represented the buyer, 2000 Gold Limited Partnership.
“The property, which is currently leased to Wavestream, Inc. was purchased by the buyer as an investment,” said Launchbaugh. “It is situated in a prime location, offering direct access to numerous key freeway systems throughout the Inland Empire, and positions the buyer well for investment purposes.”
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. Additional information is available at www.lee-associates.com.