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Follow on Google News | Lee & Associates Senior Associate Negotiates $21 Million in Sales to End 2013Allen Segal of Lee’s Los Olivos office closes consecutive deals along California coast
By: Lee & Associates “Each of the respective markets where we closed deals, whether they be in the Central Coast region or other areas of Southern California, continue to be burgeoning marketplaces for commercial activity, with increased demand for properties of the industrial or office variety,” said Segal. “We expect these positive trends to gain momentum in 2014 as we continue to explore the most innovative ways to best serve our clients.” Segal, a 40-year industry veteran in the commercial real estate market, negotiated deals in many of the commercial disciplines including office, industrial and leisure. His year end transactions included: · The Park: The $10.6 million sale, located at 1100-1170 Gilbert St. and 2353-2373 La Palma Ave. in Anaheim, Calif., involved a 125,000-square- · Central Coast Leisure Property: The $7.75 million sale on the Central Coast involved a 20 room hotel, as well as the adjacent restaurant. Segal represented the undisclosed seller. · Santa Maria Industrial Property: The Central Coast sale, located at 1340 W. Betteravia Rd. in Santa Maria, Calif., featured a 22,599-square- Segal has been a broker with Lee & Associates since 2005. He was formally with Collins Commercial in Newport Beach, Calif. and Klabin Company in Los Angeles. ### 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. End
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