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Torrance, CA - February 28, 2012 - (RealEstateRama) -- Lee & Associates Investment Services Group, representing the seller, VMA Mariner’s Mile, LLC, has brokered the $25 million sale of the iconic Mariner’s Mile Marine Center in Newport Beach, Calif. Mark Larson, president of Lee ISG and who represented the seller, said the buyer, a local private investor, purchased the property because of its 300 feet of frontage on Newport Bay and “pride-of-ownership.”