DALLAS, Texas – November 7, 2016 – The Orange, California office of Lee & Associates, the largest broker-owned commercial real estate firm in North America, has negotiated a $5.2 million sale of a 47,652-square-foot industrial building located at 12002-12092 Forestgate Drive, Dallas, Tex.
Tom Grant, a principal of Lee & Associates Orange, represented the buyer, P.S.F.W. Properties, LLC. The seller was Red Hawk Apt LTD.
“My California based investor was looking to add a multi-tenant property to his industrial portfolio and decided on Forestgate Drive because it was newer construction and in a lower vacancy market,” said Grant.
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About Lee & Associates
Lee & Associates – Orange has a team of 50 agents and brokers that have provided expert commercial real estate services in and around Orange County, since 1983. Lee & Associates is the largest broker-owned firm in North America with 52 locations across the U.S. and more than 800 brokers nationwide, providing a wide range of specialized commercial real estate services on a local, regional and national level. For the latest news from Lee & Associates – Orange, visit Lee & Associates – Orange or follow us on Facebook, LinkedIn, Google+ and Twitter.