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Lee & Associates Closes $6.2 Million Industrial Transaction

Jedd Zaun and Bill Garrett of Lee Newport Beach represented the seller in the transaction

4200 S Mission Blvd
4200 S Mission Blvd
Dec. 20, 2011 - PRLog -- Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed a $6.2 million sale of an industrial building at 4200 Mission Blvd. in Ontario, Calif.

Principals Jedd Zaun and Bill Garrett of Lee Newport Beach represented the seller, JW Irvine L.P. in the 99,534-square-foot industrial building transaction. The buyer, Sample Real Estate, LLC, was represented by Steve Bellitti and Josh Hayes of Colliers International.

“We started marketing this building last year and we received multiple offers,” said Zaun, noting that the buyer opted for a lease, with an option to purchase. “And while buyers are still looking for good deals, we were able to sell this property at a ‘solid price,’ which was great.”

The building will be the new corporate headquarters and manufacturing facility for American Sample Company, Inc., a national supplier of sample products to the decorative fabric, hospitality, and contract fabric trade.

About Lee & Associates:
Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 45 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, New York, Nevada, South Carolina, Texas and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com

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Source:The Hoyt Organization
Location:Torrance - California - United States
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