LEE & ASSOCIATES COMPLETES RETAIL SALE IN SANTA BARBARA

Relais De Paris Building Sold

An investor has bought the downtown Santa Barbara building leased by Relais De Paris at 734 State St.

Lee & Associates helped broker the deal for the property, which came on the market Oct. 20 for $2.1 million and received multiple offers.

Relais De Paris will stay on as a tenant in the 2,256-square-foot retail building, which the buyer plans to use as an investment.