Press Release brought to you by Lee & Associates

Lee & Associates Negotiates a $3,700,000 Industrial Sale

11/05/2014

CORONA, CAOctober 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.

CONTACTS:

Lee & Associates
Erik Hamilton, ehamilton@lee-associates.com
10/31/2014 - 09:00

Source

Lee & Associates

Want more news about Lee & Associates? Click here