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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.

Torrance, CA - October 6, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate brokerage firms, has closed a $6.85 million sale of 1.76 acres of coastal land located at 329 & 343 S. Highway and 101/120 & 128 Dahlia Dr. in Solana Beach, Calif.

Torrance, CA - March 22, 2011 - (RealEstateRama) -- Lee & Associates Commercial Real Estate announces that Andover Properties LLC (Storage King USA) purchased $21 million worth of loans for four self-storage properties in Florida and Missouri. The properties comprise more than 420,000 square feet and 2,880 units