Lee & Associates Completes $36.9 Million Sale of 91,643 SF Industrial Property

August 6, 2024 (Torrance, CA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today the successful sale of a 91,643 square foot industrial property located at 2202 E Del Amo Blvd, Compton, CA 90220. The property sold for $36,900,000, equating to $402.65 per square foot.

 

The transaction was spearheaded by Lee & Associates Los Angeles – Long Beach’s Craig Poropat, Garen Ramyan, and Joseph Stanko, who represented the buyer in this transaction.

 

“The success of any transaction is attributed to the relationships of the people you surround yourself with. Tammy M. Hong, a partner at Demetriou, Del Guereio, Springer and Francis, LLP, served as buyer’s legal counsel. GianCarlo Da Prato of IDI Logistics and Danny Williams of NewMark represented the seller. Without the tenacity of these individuals, this transaction would not have been possible” – Craig Poropat, Principal.

 

ABOUT LEE & ASSOCIATES

Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter, and Link, our company blog.