1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution
The Hoyt Organization Logo

Lee & Associates Negotiates $5.5 Million Industrial Sale in Lake Forest


FOR IMMEDIATE RELEASE

 
 
20662 Prism Place, Lake Forest
20662 Prism Place, Lake Forest
PRLog (Press Release) - Jan. 8, 2014 - LAKE FOREST, Calif. -- Kurt Bruggeman, senior vice president at Lee & Associates Irvine, has negotiated the $5.5 million sale of a 37,520-square-foot industrial building, located at 20662 Prism Pl., in Lake Forest, Calif.  This deal comes on the heels of a $37 million sale that Bruggeman and Ryan Swanson, also a senior vice president with Lee Irvine, brokered in Costa Mesa.

That transaction was one of the largest industrial sales in Orange County in 2013.

Bruggeman represented the seller, Sy Corp.  Kevin Turner, with Voit Real Estate Services, represented the buyer, Rick Watson of Wildfire Gymnastics, a state-of-the-art, full-service gymnastics program.

“There was significant demand for this property,” said Bruggeman, noting that several potential buyers were waiting to make a deal. “Wildfire Gymnastics already has a successful facility in Tustin, and they were looking for a central location to serve south Orange County, making this property a perfect fit for their expansion.”

###

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 Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, Texas and Wisconsin. With a roster of nearly 750 expert 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/12265112/1

--- End ---

Click to Share

Contact Email:
***@hoytorg.com Email Verified
Source:Lee & Associates
City/Town:Lake Forest - California - United States
Industry:Business, Real Estate
Tags:cre, industrial, sale, Real Estate, brokerage
Shortcut:prlog.org/12265112
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

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share