Lee & Associates

  • Lee & Associates Closes $7M Sale in Phoenix

    Two apartment communities located in northern Phoenix traded among private investors. The properties comprise 44 units.

    Phoenix 17 November 2017 16:16
  • Lee & Associates Brokers $21M Phoenix Transaction

    Biltmore Pointe Apartments includes 101 units and was built in two phases in 1959 and 1972. The new owner intends to add value to the investment through a substantial renovation.

    Phoenix 09 November 2017 14:59
  • LA’s First Automated Parking Garage Community Changes Hands

    Lee & Associates represented both the buyer and the seller of the eight-unit property which was fully occupied at the time of the transaction.

    Los Angeles 09 May 2017 07:05
  • Lee & Associates Completes Several SoCal Multifamily Transactions

    Investor trades Koreatown assets and strengthens O.C. and Inland Empire presence.

    Los Angeles 25 November 2015 21:45
  • Waypoint Grabs Waterfront Apartments in Newport Beach

    IPA brokers a $25.5 million sale in Newport Beach, Calif.; Lee & Associates arranges a 32-unit asset in Los Angeles; and Berkadia negotiates the financing and sale of a multifamily property in Greater Phoenix.

    Los Angeles 30 April 2015 18:29
  • San Fernando Valley Luxury Asset Acquired for $44 Million

    A private investor recently completed the acquisition of a residential asset in Encino, CA for a reported amount of $44 million. According to real estate firm Lee & Associates, the property was acquired from IMT Capital, a Sherman Oaks, CA-based company. The off-market transaction was completed with the assistance of Lee & Associates – LA North/Ventura Managing Director and Principal Jim Fisher, Lee Principal Mike Smith and Associate, Cory Stehr. The buyer was in a 1031 Exchange, and acquired the property as a long-term investment.

    Los Angeles 15 February 2015 20:48
  • Goodman Birtcher Lands Tenant for Oakland Facility

    Last summer, the Goodman Logistics Center in Oakland announced that one third of the facility’s available space had been leased out to Benjamin Moore & Co. With about a third of the available space taken, the property recently announced another major tenant, as a deal worth $16.25 million was recently completed with Coasters Company of America. The Santa Fe Springs-based company has signed on for ten years at the facility, in a deal that was brokered by Tim Cronin and Craig Hagglund of Lee & Associates Oakland. Developer and landlord Goodman Birtcher worked with JLL rep Jason Ovadia in the leasing deal.

    San Francisco 13 February 2015 18:33

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