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Lee & Associates Negotiates $3.9 Million Sale of West Covina Freeway Center


 
 
111-151, 215 & 225 N. Azusa Ave., West Covina, Calif.
111-151, 215 & 225 N. Azusa Ave., West Covina, Calif.
PRLog - Jan. 6, 2014 - WEST COVINA, Calif. -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has negotiated the $3.9 million sale of the 19,320-square-foot West Covina Freeway Center in West Covina, Calif.

         Jamie Harrison, senior vice president at Lee & Associates Los Angeles – Investment Services Group, represented the sellers, Charles and Doris Cricks, in the transaction.

         “Very few deals transact in the West Covina retail market every year,” said Harrison.  “However, the buyer saw an opportunity to purchase a retail property in an excellent location with some under market rents.”

         Located at 111-151, 215 & 225 N. Azusa Ave., the property was built in 1969, before being remodeled in 1979 and 1981, and features six units.

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About Lee & Associates

Celebrating more than 34 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 49 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas, and Wisconsin that house more than 750 brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

Media Contact
Samantha Desmond, The Hoyt Organization
310-373-0103
sdesmond@hoytorg.com

Photo:
http://www.prlog.org/12263936/1

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Source:Lee & Associates
Location:West Covina - California - United States
Industry:Business, Real Estate
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