Principals Jedd Zaun and Bill Garrett of Lee Newport Beach represented the seller, JW Irvine L.P. in the 99,534-square-
“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.
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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