Lee & Associates - Ontario | Closes on $9.25 Million Office Sale in Ontario

Lee’s Ontario office represented both sides in the purchase of an 81,700-square foot property in the Southern California town.

ONTARIO, Calif. — June 8, 2011 — Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed on the $9.25 million sale of the Empire Corporate Center office building complex located at 800 N. Haven Ave., in Ontario, Calif.

Lee’s Ontario office represented both the buyer and seller in the transaction. Buyer TA Realty Advisors will take over the 80-percent-leased, 81,700-square foot complex. Regent Properties was the seller.

“This was a case of Lee Ontario servicing both sides of this transaction in order to best meet the needs of all parties involved,” said Barret Woods, principal/senior VP of Lee Ontario, who worked on the deal with fellow Principal/Senior VP Scott Ostlund. “This Class-A office park is perfectly located near two major thoroughfares, in Interstates 10 and 15, as well the Ontario Airport, the Ontario Mills Mall and more than a dozen full service lodging options.”