Lee and Associates Closes $6.2 Million Ontario Industrial Transaction

Posted on December 20, 2011 by Press Releases

ONTARIO, Calif. — Lee & Associates, the nation’s largest broker-owned commercial brokerage firm, has closed a $6.2 million sale of an industrial building at 4200 Mission Blvd. in Ontario, Calif.

Principals Jedd Zaun and Bill Garrett of Lee Newport Beach represented the seller, JW Irvine L.P. in the 99,534-square-foot industrial building transaction. The buyer, Sample Real Estate, LLC, was represented by Steve Bellitti and Josh Hayes of Colliers International.

“We started marketing this building last year and we received multiple offers,” said Zaun, noting that the buyer opted for a lease, with an option to purchase. “And while buyers are still looking for good deals, we were able to sell this property at a ‘solid price,’ which was great.”

The building will be the new corporate headquarters and manufacturing facility for American Sample Company, Inc., a national supplier of sample products to the decorative fabric, hospitality, and contract fabric trade.

About Lee & Associates

Celebrating 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 45 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, New Jersey, New York, Nevada, South Carolina, Texas and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at ww.lee-associates.com.

About Press Release Distribution

This release is distributed in part by Press Release Distribution Associates, specializing in Portland real estate and other news topics. For more real estate information, see Property Management San Jose and Downtown Resource Group

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