Lee & Associates Closes $6.5 Million Office Sale in Crescent Corporate Center
ANAHEIM, Calif.—August 11, 2010—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $6.5 million sale transaction for a 39,747-square-foot office building in Crescent Corporate Center. The property sits on four acres and is located at 525 N. Muller St. in Anaheim.
Erik Thompson of Lee & Associates-Orange, Inc. represented the buyer, CIT College of InfoMedical Technology, a full-service provider of training in the allied medical and technical fields. The seller, Anaheim Union High School District, represented itself.
CIT College of InfoMedical Technology plans to occupy the property and operate its school on the premises. The property, built in 1986, includes two excess acres of land for additional parking and has existing tenant-specific improvements.