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Follow on Google News | Lee & Associates Closes $5.7 Million Industrial Sale in San BernardinoLee & Associates represented both the buyer and seller
By: The Hoyt Organization Principal/Senior VPs Vince Anthony and Michael Chavez of Lee & Associates’ Ontario office represented seller CALBLDG. Finn Comer, senior VP of Lee & Associates’ Riverside office, represented The Magellan Group, which takes over the 235,000-square- “This is a prime example of another value-added opportunity that commercial real estate investors such as Magellan are looking to acquire in the Inland Empire,” Anthony said. “Magellan seized this opportunity to buy a well-located manufacturing/ CALBLDG opted to dispose of the asset after it had remained vacant for nine months. The Magellan Group plans to perform a complete renovation of the property and place it back on the market for lease or sale later this year. # # # About Lee & Associates Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, Nevada, Texas, South Carolina 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. End
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