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CITY OF INDUSTRY, CALIF. — Lee & Associates has negotiated the purchase and co-brokered the $6.59 million sale of an 81,250-square-foot industrial property located at 20465 Walnut Drive in the City of Industry. Lee’s Adam Dzierzynski and Dennis Keane represented the undisclosed buyer in the transaction, and Lee’s Jack Cline and Peter Bacci joined with Kent Stalwick of CB Richard Ellis in representing the seller, Hager Pacific Properties. Looking to purchase a warehouse to house auto-racing parts, the buyer plans to occupy the building in August after showroom build-out and substantial improvements to the office space.