Long Beach, CA — Lee & Associates – Orange is pleased to announce the successful sale of an industrial warehouse condominium located at 6105 Obispo Avenue in Long Beach, California. The property sold for $3,873,000 after two months on the market.
The 9,982-square-foot industrial building, constructed in 2003, includes approximately 1,000 square feet of office space and offers a well-balanced layout suited for a variety of industrial users. The property features 18-foot warehouse clearance, two ground-level loading doors, and a 2:1,000 parking ratio. Additional features include a sprinkler system and dedicated yard area, providing flexibility for operations and storage.
Greg Diab of Lee & Associates – Orange represented the seller, Tim Maher, in the transaction. John Son, also with Lee & Associates – Orange, represented the buyer, a private company in Long Beach
The property’s functional features, modern construction, and desirable Long Beach industrial location generated strong interest and contributed to the quick sale.
Lee & Associates continues to be a leader in the Southern California industrial market, providing comprehensive brokerage services and market expertise for owners, investors, and occupiers.
About Lee & Associates-Orange
Lee & Associates Orange provides the commercial real estate user, owner and developer with real solutions to their business and operational space requirements. We have earned a reputation for high ethical standards, a service-first approach and superior market knowledge. Lee Orange has 45 plus professionals practiced in selling and leasing of industrial, office, flex, retail, land, medical and research & development properties. Since 1983, we have assisted clients throughout Southern California with a focus on Orange County, Western Riverside County and the Mid-Counties area of Los Angeles.
Like all the Lee offices throughout North America, Lee & Associates Orange is owned by us, the brokers. As owners, we have a vested interest in helping each other succeed, which encourages collaboration and the sharing of vital information necessary to optimize results for our valued clients. The Orange office of Lee & Associates was the first expansion location of visionary Bill Lee, who started the company in 1979.
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