WHITTIER, Calif.—January 2, 2017— Lee & Associates Orange, the largest broker-owed commercial real estate firm in North America, has completed the $4 million sale of a 38,400-square foot industrial building at 12450 Whittier Blvd in Whittier, California. Lee & Associates’ Christopher Destino and Jeff Gahagan represented the seller in this all cash transaction.
The buyer bought the property to complete a 1031 Tax Deferred Exchange and intends to move their manufacturing operations to this new location. The property is a freestanding building, with a fenced yard, 6,000 SF of office space, major street exposure and located in the Heart of Whittier.
About Lee & Associates
Lee & Associates – Orange has a team of 50 agents and brokers that have provided expert commercial real estate services in and around Orange County, since 1983. Lee & Associates is the largest broker-owned firm in North America with 52 locations across the U.S. and more than 800 brokers nationwide, providing a wide range of specialized commercial real estate services on a local, regional and national level. For the latest news from Lee & Associates Orange, visit Lee & Associates Orange or follow us on Facebook, LinkedIn, Google+ and Twitter.