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Faris Lee Investments Completes $9.7 Million Sale of 24,605 SF, Multi-Tenant Property in Baldwin...
IRVINE, CA - November 16, 2011 - (RealEstateRama) -- Faris Lee Investments, the nation’s largest retail-specialized investment advisory firm, has announced the $9.7 million sale of Baldwin Park Towne Center. Built in 1987, the 24,605-square-foot, multi-tenant retail property located at 14510 Baldwin Park Towne Center includes GameStop, Verizon, AT&T, Adriana’s Insurance and Tortas Sinaloa Restaurant as tenants. The property also benefits from the fact that it is co-occupied by such national tenants as Home Depot, McDonald’s, Denny’s, and a Marriott Courtyard Hotel.
Lee & Associates Transacts Sale of 15-Unit Apartment Building for $2,450,000
NORTH HOLLYWOOD, CA - May 25, 2011 - (RealEstateRama) --A 15-unit multifamily asset here was sold for $2,450,000, among the highest prices paid on a per square foot and on a gross rent multiplier basis in the North Hollywood submarket since 2007, according to Jeff McGuire, Senior Vice President, Special Assets and a Principal of Lee & Associates-LA North/Ventura, Inc, who represented the buyer and the seller in the transaction.
