Lee & Associates-Investment Services Group Transacts 3-Building Multifamily Sale

LOS ANGELES, CA – February 23, 2011 – (RealEstateRama) — Lee & Associates-Investment Services Group Principals Robert Leveen and Matthew Sullivan successfully transacted the sale of a portfolio of three bank-owned multifamily buildings after attracting 10 qualified buyers. The properties, at 4122, 4130 and 4136 Palmwood Drive in the Bald win Village section of Los Angeles sold for $1,725,000 or $73.99 per square foot.


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Lee & Associates-Investment Services Group (Lee ISG) provides commercial real estate brokerage and advisory services to public and private investors, investment trusts, high net worth individuals and banks and lending institutions throughout Southern California and the nation. Utilizing a team approach that allows us to customize resources to the requirements of each assignment, we assist clients to capitalize on opportunities and build wealth while minimizing costs and mitigating risk.

Our agents represent a comprehensive spectrum of expertise including acquisitions and dispositions, 1031 exchanges, real estate investment consulting, land assemblage, property and portfolio evaluation and market research and analysis for office, industrial, retail, shopping center, NNN and multifamily assets. As a member of the Lee & Associates Group of Companies we also provide our clients with access to local market expertise through 43 offices in California, Arizona, Georgia, Idaho, Illino  is, Indiana, Kansas, Michigan, Missouri, Nevada, South Carolina, New Jersey, Texas and Wisconsin.

Contact:

Phone: 818-933-0317

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