Archives
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.
