Archives

Torrance, CA - January 16, 2012 - (RealEstateRama) -- In a move that will have a major impact to its office brokerage presence, Lee & Associates NYC has hired two of New York’s highly respected industry veterans Howard Rosen and John Cannon. The two brokers, who had been repeatedly recognized as top national and regional producers at their former firm, Grubb & Ellis NY, and are members of the President’s Council and repeat recipients of G&E Circle of Excellence Awards, come to Lee with more than 50 years of combined office broker experience.

Torrance, CA - January 12, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $3.8 million sales transaction for a 102,566-square-foot industrial building located at 26090 Ynez Road in Temecula, Calif.

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 - January 6, 2012 - (RealEstateRama) -- The Riverside office of Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has released its Fourth Quarter 2011 Industrial Market Summary for manufacturing/distribution buildings for the East Valley Market in Southern California’s Inland Empire.

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.

Torrance, CA - December 21, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed a $6.2 million sale of an industrial building at 4200 Mission Blvd. in Ontario, Calif.

Torrance, CA - December 20, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 36-month lease for a 141,200 square-foot industrial space located at 1050 Orange Show Road, San Bernardino, Calf.

Torrance, CA - November 22, 2011 - (RealEstateRama) -- In one of the largest transactions in Long Beach this year, Lee & Associates, one of the nation’s leading commercial real estate providers, has closed a sales transaction of more than $20 million for the Park Tower, a 119,287-square-foot office building located at 5150 Pacific Coast Highway in Long Beach, Calif. The sale price of the off-market transaction could not be disclosed.

Torrance, CA - November 16, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has transacted the $3.94 million sale of the Class A Philadelphia Place Business Park located at 2810 Philadelphia St., in Ontario, Calif.

Torrance, CA - October 25, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has completed the purchase and sale of an 11,200-square-foot industrial building at 15311-15323 Pipeline Lane in Huntington Beach, Calif. The 100-percent leased building sold for $1.2 million or $107.14/square foot. The building was marketed by another firm for a year. Lee & Associates sold the building within 60 days of listing the property for an all-cash close.

Torrance, CA - October 19, 2011 - (RealEstateRama) -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has completed the $1.95 million sale of a 7,068-square-foot, single-story, pre-school facility located at 10 Mareblu in Aliso Viejo, Calif. Senior Vice President Allen Basso of Lee’s Irvine office handled the transaction.

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.

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

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.