Lee & Associates Negotiates a $3,700,000 Industrial Sale
CORONA, CA—October 31st, 2014—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has closed a $3,700,000 sale transaction for a 31,068 SF industrial building located at 369 Meyer Circle in Corona, CA.
Larry Null, SIOR, Senior Vice President of the Lee & Associates Riverside office
represented the buyer, CFA, LLC. Scott Smith, Senior Vice President of the Lee &
Associates Phoenix office represented the seller, Maddie, LLC. The property was an off-market transaction and was purchased by the existing tenant, who had been occupying the building since 2010. The tenant took advantage of excellent financing provided by Union Bank and CDC Small Business Finance (SBA 504 Loan) to purchase a building for no more than they were paying in monthly rent.
Erik Hamilton, email@example.com