Lee & Associates: Brokers $3.1 million sale of retail center

CONTACTS:

The Hoyt Organization

Erik Hamilton, ehamilton@hoytorg.com

Medha Paliwal, mpaliwal@hoytorg.com

JUNEAU, Wis.—Sept. 30, 2010—Lee & Associates, one of the largest national commercial real estate providers with regional expertise, negotiated the $3.1 million sale and purchase of a 28,717-square-foot shopping center in Juneau, Wis.

Steve Doran, Blake George and Todd Waller of Lee & Associates’ Madison office represented the buyer Capitol Real Estate Juneau, LLC and seller T. Rectangle Properties LLC and brokered the transaction of the Juneau Shopping Center at 100 S. Western Ave.

Currently 90 percent leased, the 7-year-old shopping center is home to Piggly Wiggly, Edward Jones and a Subway restaurant.

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About Lee & Associates

Celebrating 31 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 41 locations across the nation including California, Arizona, Georgia, Idaho, Indiana, Illinois, Michigan, Missouri, New Jersey, Nevada, Texas and Wisconsin. With a roster of more than 600 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at http://www.lee-associates.com.