Archives

Irvine, CA - October 11, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail-specialized investment advisory firm, has recently closed several single-tenant NNN leased property sales totaling more than $6.5 million including a property occupied by Del Taco in McKinney, TX, a property occupied by Carl’s Jr. in Newhall, Calif., and a property occupied by Wells Fargo in Stallings, NC. With this recent deal activity, the firm has completed a total of 20 single-tenant, NNN leased retail property transactions this year valued in excess of $50 million, proving that the single-tenant property category continues to be in demand by investors.

IRVINE, CA - October 11, 2011 - (RealEstateRama) -- Faris Lee Investments has expanded its Investment Banking platform with the addition of 25-year real estate industry veteran Terry Thompson who will lead a national focus on institutional client growth as well as account management as managing director, business development. For Faris Lee, this year marked an increased emphasis on positioning the firm’s investment sales expertise and capital markets intelligence on a national level as part of an integrated investment services platform that encompasses Faris Lee Investment Banking, Faris Lee Capital, and Faris Lee Advisors. Thompson’s hiring is an important element in the firm’s overall services platform delivery to Faris Lee’s growing institutional client base across the U.S.

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 - October 6, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $4 million sales transaction for a 45,560-square-foot industrial building located at 1425 Moonstone Street in Brea, Calif.

The Madison, WI - October 3, 2011 - (RealEstateRama) -- office of Lee & Associates, one of the nation’s largest commercial real estate firms, has completed $2.8 million of leases at The Shoppes at Hartford; a 24,000-square-foot retail center in Hartford, Wis. Steve Doran and Todd Waller represented the ownership group on all transactions.

Torrance, CA - September 27, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $3 million sale (5 percent cap rate) on a 3,500-square-foot In-N-Out Burger restaurant, a regional chain of fast food restaurants in the western U.S., located at 12890 Gregg Court, in Poway, Calif.

Torrance, CA - September 22, 2011 - (RealEstateRama) -- In another move signaling Lee & Associates’ rapid growth in the Midwest, the firm appoints Chris Etmanczyk as vice president of Lee’s Madison, Wis., office. Etmanczyk’s appointment is the latest in a string of personnel moves reflecting the expansion of Lee & Associates, one of the largest commercial real estate firms in the country.

Los Angeles, CA - September 21, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $5.45 million sale of The Kester House, a 29-unit multifamily property built in 1984 that is located at 5421 Kester Ave. in Sherman Oaks, Calif. (Los Angeles County).

CAMARILLO, CA - August 22, 2011 - (RealEstateRama) -- Lee & Associates-LA North/Ventura Principals Grant Harris, Grant Fulkerson and Robert Shafer transacted an 85,000 square foot industrial lease to Perfect Promotional Products in Mission Oaks Business Park in Camarillo, CA after fielding several proposals on the building.

Torrance, CA - August 18, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has been named the listing broker of the historic Brown Derby, the 14,000-square-foot retail-restaurant building at 4500 Los Feliz Blvd. in Los Angeles

Torrance, CA - August 17, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate brokerage firms in the country, has named Tim Moore and Glenn Stokoe senior vice presidents of its Carlsbad office. This move lends further proof that Lee is not only maintaining its profitability and continuing its nationwide expansion plans but also remains focused on its regional strength in its commercial markets

LOS ANGELES, CA - August 12, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $7.95 million sale of a single tenant NNN-leased property occupied by CVS Pharmacy. The building totals 12,900 square feet and is located at 14426 Palmdale Road in Victorville, Calif.

LOS ANGELES, CA - August 10, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed the $4.22 million sale of an 18-unit multifamily property that was built in 2002 and is located at 821 Wilcox Ave. in Los Angeles.

Torrance, CA - August 8, 2011 - (RealEstateRama) -- The West Los Angeles office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, represented both the buyer and seller of the Google building, an iconic, 45,000-square-foot structure in Santa Monica, Calif., currently occupied by the Internet search engine giant. The terms of the acquisition were not disclosed.

Torrance, CA - July 29, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, welcomes three commercial real estate experts to the Newport Beach office. With more than 15 years of combined experience, Judd Hietbrink, Wyatt Prichard and Justin Wegnes specialize in industrial and office brokerage.

OXNARD, CA - July 29, 2011 - (RealEstateRama) -- Lee & Associates-LA North/Ventura, Inc. Principals John Ochoa, SIOR, and Grant Harris and Vice President David Kim transacted a 15,510-square-foot office lease that will bring the first Laurus College campus to Ventura County.

Torrance, CA - July 27, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial real estate provider, has promoted Marshal J. Vogt to principal. Vogt joined Lee & Associates Orange as a runner/associate in August 2006 and has been a significant contributor to the company’s revenue since his arrival. He is an office broker specializing in representing landlords and tenants with the selling and leasing of office properties.

Torrance, CA - July 25, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate firms in the country, has named Billy Snowden the newest associate of the Atlanta office. In his new position, Snowden’s area of focus includes tenant and landlord representation throughout Atlanta and the Southeast. He specializes in the implementation of real estate strategies to create cost effective savings and in turn, increase the bottom line.

Torrance, CA - July 19, 2011 - (RealEstateRama) -- Thomas Bryant and Richard Bryant from the Atlanta office of Lee & Associates, the nation’s largest broker-owned commercial real estate services firm, have completed a lease worth in excess of $1.1 million for an industrial property in Suwanee, Georgia. They were able to achieve this within four months of taking the assignment.

Torrance, CA - July 14, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $2 million transaction for a pair of contiguous industrial R&D units totaling 18,174 square feet at 1041 S. Placentia Avenue in Fullerton, Calif.