Huntington Beach, CA - Lee & Associates, the nation's largest broker-owned commercial brokerage firm, has completed the purchase and sale of an 11,200-square-foot industrial building at 15311-15323 Pipeline Lane in Huntington Beach, Calif. The 100-percent leased building sold for $1.2 million or $107.14/square foot. The building was marketed by another firm for a year. Lee & Associates sold the building within 60 days of listing the property for an all-cash close.
Lee & Associates Irvine Senior VP Brian Garbutt represented the seller, Medina Family Trust, while Senior VP Darin McDonald of Lee & Associates' Newport Beach office represented the buyer, WFT, LLC.
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
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