Lee & Associates Closes the Sale of 46,321-SF Office Building in Calabasas

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By The Hoyt Organization -

Torrance, CA – August 10, 2012 – (RealEstateRama) — Robert D. Erickson, Mark Leonard and Marc Spellman, Principals of Lee & Associates-LA North/Ventura, Inc. (www.lee-associates.com), transacted the sale of a 46,321-square-foot office building at 26025 Mureau Road in Calabasas, Calif., the fourth and final Calabasas Commerce Center asset in a portfolio that had been owned by Arden Realty. The purchase price exceeded $7 million.

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