Lee & Associates Completes $2 Million Office Sale Transaction

HUNTINGTON BEACH, Calif. — October 18, 2011 — 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% 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.

Lee & Associates Irvine Senior VP Brian Garbutt represented the seller, Medina Family Trust, while Senior VP Darin McDonald of Lee & Associates’ Newport Beach office represented the buyer, WFT, LLC.

ALISO VIEJO, Calif. — Oct. 17, 2011 —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.ALISO VIEJO, Calif. — Oct. 17, 2011 —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.