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Lee & Associates Closes $2.4 Million Office Deal in Huntington Beach

This was one of only two freestanding buildings to sell in Huntington Beach in the last three years due to lack of supply

PRLog - April 11, 2012 - TORRANCE, Calif. -- Lee & Associates, one of the nation’s leading commercial real estate providers, has closed a $2.48 million deal for a medical office building in Huntington Beach, Calif. The 7,098-square-foot property is located at 9131 Adams Ave.

Allen Basso and Eric Darnell of Lee & Associates’ Irvine office represented the buyer, Harmelback, LLC (Beach Family Doctors Medical Group). The company is comprised of family medicine specialists and currently headquartered in a nearby building in Huntington Beach approximately two miles from Pacific Coast Highway. Lee & Associates Newport Beach’s Dave Romero and Bryan Lysne of Lee & Associates Investment Services Group represented the seller, Michael M. Khatibi.

According to Basso, this was one of only two freestanding buildings to sell in Huntington Beach in the last three years due to lack of supply. “The new location’s proximity to Beach Family Doctors existing facility in the area will allow for maximum operating efficiency,” said Basso. “The property is the perfect size for their needs and boasts a prime location in the heart of their current patient base,” said Basso.

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About Lee & Associates:
Celebrating more than 33 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 46 locations across the nation including Arizona, California, Florida, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas and Wisconsin. With a roster of nearly 700 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
Industry:Real Estate
Tags:lee & associates, commercial real estate, office, Orange County, huntington beach, california, Medical
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