Press Release brought to you by Lee & Associates
Hawkins and Fridd of Lee & Associates Complete $5 Million Investment Sale
Jim Hawkins and Phil Fridd of the Lee & Associates – Orange office, along with assistance of Mark Larson of Lee Investment Services Group, have assisted their client, Schmid Investments, in selling a 35,301 square feet office building in Anaheim. The buyer, Seoul Plaza, purchased the building as an investment for over $5,000,000 with a 6% cap rate.
Located at 501 North Brookhurst, the three-story professional building has been 100% occupied since the close of escrow. Lee & Associates has a long history with the building, having represented the owners since 2009, and was successful in the leasing effort for the property.
Lee & Associates Commercial Real Estate Services, Inc., is one of the largest national commercial real estate service providers with regional expertise. Seoul Plaza was represented in this deal by Richard Park of Realty One Group.
LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES, INC. - ORANGE
08/11/2014 - 09:00