Lee & Associates Orange Completes Sale for $4.4 Mil Investment Property
ORANGE, CA – The Orange office of Lee & Associates has closed a $4.45 million sales transaction for the Coronado Plaza property, which consists of two freestanding industrial buildings that total 39,390-square-feet located at 1085-1095 N. Main Street in Orange, Calif. Allen C. Buchanan and Joshua Harper of Lee & Associates Orange successfully represented both the seller Ball Road Corporation and the buyer Harvard 826 Property, LLC.
Lee & Associates Orange worked in conjunction with Ten-X to procure a buyer through the auction process. Harvard 826 Property, LLC was motivated by a tax-deferred exchange and bought the property with the intention of holding the buildings long term. A part of the appeal was the potential of multi-family re-development in the future.
Lee & Associates Orange provides the commercial real estate user, owner, and developer with real solutions to their business and operational space requirements. Lee Orange has 45 plus professionals practiced in selling and leasing of industrial, office, flex, retail, land, medical and research & development properties. Since 1983, we have assisted clients throughout Southern California with a focus on Orange County, Western Riverside County and the Mid-Counties area of Los Angeles. For the latest news from Lee & Associates - Orange, visit our website or follow us on Facebook (LeeAssociates); LinkedIn (Lee&Associates-Orange), Instagram (LeeAssocOrange) and Twitter (@LeeAssocOrange).