Two Industrial Sales at $25.2 Million closed by John Berger and Mauricio Olaiz from Lee & Associates – Pasadena
April 20, 2021 (PASADENA, CA) – John Berger, President, and Mauricio Olaiz, Associate, of Lee and Associates – Pasadena once again deliver for their Pasadena, CA clientele in the acquisition of two industrial core sale lease backs located in Idaho Falls, ID and Gilbert, AZ with a combined value of $25,250,000.
The site in Idaho Falls, ID located at 2105 Boge Avenue is a 79,184 square foot single-tenant industrial property leased long term to Elevation Labs. TOK Commercial Real Estate represented the seller.
The site in Gilbert, AZ located at 2065 W. Obisipo Avenue is a 55,345 square foot single-tenant industrial property leased long term to Benson Systems. VIAONE Commercial Real Estate Group represented the seller.
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| John Berger, President 626.240.2779 jberger@lee-associates.com License ID 01799514 | Mauricio Olaiz, Associate 626.240.2777 molaiz@lee-associates.com License ID 02073450 |
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ABOUT LEE & ASSOCIATES
Lee & Associates – Pasadena is a full service commercial real estate company headquartered in Pasadena, CA. Our client-focused brokers specialize in office, retail, tenant advisory, multifamily, and investment sales. As the fastest-growing broker-owned firm in the nation, with more than 60 office locations in North America, we are uniquely qualified to support our clients’ real estate needs in the local, national and international markets. For more information, visit lee-pasadena.com.
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