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COVINA, Calif. - January 13, 2013 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country, has negotiated the $6.9 million sale of an automotive/retail park and storage facility in Covina, Calif. Brian Garbutt, Adam Wicker and Dave Smith, all senior vice presidents in Lee’s Irvine office, represented the seller, RJ Covina Investors, LLC. The buyer, Monrovia Stor-All, LLC, was represented by Edward Matevosian of CBRE.

Torrance, CA - January 11, 2012 - (RealEstateRama) -- Lee & Associates Net Leased Group in Carlsbad, Calif., a division of the national brokerage firm Lee & Associates, has closed a $19.1 million sale of a car dealership property at 6801 E. Frontage Rd, in Merriam, Kansas. The 58,430-square-foot property, which is occupied by CarMax, Inc., was purchased by an undisclosed buyer. CarMax, which will remain in the property, has 17 years on the initial lease term, which also includes four, 5-year options to extend.