WASHINGTON, D.C. – February 21, 2014 – (RealEstateRama) — Lee & Associates, the largest broker owned commercial real estate firm in the country, has brokered the sale of a 141,066-square-foot industrial property at 4688 State Highway 16 in Graham, Texas. The transaction amount was not disclosed.
Mark Graybill, CCIM, principal, along with Scott Giordano, associate, both with Lee & Associates’ Dallas-Fort Worth office, represented the buyer, Valew Quality Truck Bodies, in the transaction. Sarah Everett of Transwestern represented the seller, Meridian Texas Bank.
“The property was only on the market for 30 days, so we were able to quickly broker a deal for the buyer, who is expanding from Los Angeles into Texas to manufacture heavy duty truck bodies,” said Graybill. “The property, which was in foreclosure, is a relatively newly constructed manufacturing plant on 150 acres of prime real estate, and is outfitted with crane service and comes specialized for metal fabrication, ultimately positioning the buyer very well for their future plans.”
Celebrating more than 34 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 49 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas, and Wisconsin that house more than 750 brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.