1. Latest News
  2. Submit Press Release

Lee & Associates Negotiates $6.2 Million 10-Year Office Lease

Temecula property will be used for a K-12 charter school

43040 Margarita Road in Temecula, Calif.
PRLog - Sep. 13, 2010 - TORRANCE, Calif. -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 10-year lease of a 38,600-square-foot office building located at 43040 Margarita Road in Temecula, Calif.  The value of the lease is approximately $6.2 million.

Rick Marcus, CCIM of Lee & Associates-North San Diego County represented the landlord LSMS Investments. The tenant, River Springs Charter School, was represented by Mission Realty and will be using the property for a K-12 charter school.

According to Marcus, the property was initially built as a professional medical plaza. “The center appealed to the tenant because it was conveniently vacant and offered favorable qualities that included the ideal size, layout and location for the school.”

--- End ---

Click to Share

Contact Email:
***@hoytorg.com Email Verified
Source:The Hoyt Organization
Location:Torrance - California - United States
Industry:Real Estate
Tags:lee & associates, Real Estate, san diego, temecula
Verified Account Email Address
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Trending News...

Like PRLog?
Click to Share