LEE & ASSOCIATES COMPLETES 5-BUILDING ORANGE COUNTY OFFICE PORTFOLIO SALE

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COSTA MESA, CALIF. — The VA Property Group, a division of Lee & Associates, has completed the $9.1 million sale of a five office-building portfolio located at 151 Kalmus Drive in Costa Mesa. Newport Beach, Calif.-based PRES Companies made the all-cash purchase, which totaled 82,911 square feet within Copper Tree Business Park. Lee & Associates’ Brian Garbutt and Allen Basso represented both parties in the transaction.

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