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Lee & Associates Transacts 358-Unit Multifamily Sale in Long Beach
Torrance, CA - February 27, 2012 - (RealEstateRama) -- Jim Fisher and Mike Smith, principals of Lee & Associates-LA North/Ventura, Inc., transacted the sale of Southwood Gardens, a 358-unit multifamily asset at 5601 Paramount Ave. in Long Beach, Calif.
Lee & Associates Transacts $7.8 Million Multifamily Sale
Torrance, CA - February 8, 2012 - (RealEstateRama) -- Jeff McGuire, a principal with Lee & Associates-LA North/Ventura, Inc., represented the buyer and seller in the sale of Wood Creek Apartments for $7.8 million. The 71-unit property, at 20311 Sherman Way in Winnetka, Calif., sold at $161 per square foot, and a GRM (gross rent multiplier) of 9.26.
Lee & Associates New Jersey Brokers $9.7 Million Lease
Torrance, CA - December 21, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has completed a 15-year, $9.7 million lease of the Expressway Corporate Center in Egg Harbor, New Jersey.
