The Bascom Group, LLC has retained Noel Aguirre and Sean Lieppman of Lee & Associates to market and lease a 4,100-square-foot ground-floor space at 200 Pine Ave. in Long Beach. Located in the city’s downtown area, the space features an adjoining 3,865-square-foot lower-level space.

The space, which offers patio capability, is second-generation restaurant space suitable for a full-service restaurant concept in the downtown Long Beach market, according to The Bascom Group. The location has dedicated on-site retail and restaurant parking and is at the base of a six-story, 65,909-square-foot office building renovated in 2022.

David Kim, Managing Partner at The Bascom Group, said, “200 Pine is in the heart of the Pine Avenue entertainment district, with numerous retailers and restaurants, such as Altar Society Brewing Company. This building is within two blocks of City Hall, Billie Jean King Public Library, George Deukmejian County Court House, the State Building, and the newly expanded Long Beach Convention & Entertainment Center.”

Lee & Associates completed a 20,987-square-foot lease at 849 N Church Court, Elmhurst, Illinois.

The institutionally owned and managed building is in DuPage County, and it’s also located less than one mile from access to I-290 and I-294 via Lake Street and Route 83. The property also offers access to major expressways and features two exterior docks.

Chris Nelson, Principal at Lee & Associates of Illinois, represented the tenant, FlashCo Manufacturing, Inc., the largest independent manufacturer of roof flashings and accessories in North America.

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Lee & Associates has negotiated a 3,163-square-foot restaurant lease at Riverwalk Plaza, 175 W Jackson Avenue, Suite 223, Naperville, Illinois.

The landlord, Naper Limited Partnership, was represented by Michael Petrik, Associate, and Rick Scardino, Principal at Lee & Associates. The second-floor restaurant has been leased to U Sushi Club Rotary Sushi Bar. The premier downtown Naperville building offers on-site parking and is located adjacent to the Naperville Public Library and near the beautiful Naperville Riverwalk.

“We are excited to have a fun and exciting concept to breathe fresh life into a space that has provided downtown Naperville with sushi and Japanese food for decades,” said Petrik. “This concept will be new to the downtown area, and has seen great success in other markets, which we are confident will be replicated in this location.”

Lee & Associates arranged the sale of 831 E. Huntington Dr., also known as Huntington Professional Center, a professional office and medical center, in Monrovia. The buyer and seller were not disclosed.

The property sold for $7.65 million and is a 100% occupied two-story building consisting of 20,574 square feet and 76 surface parking stalls. Situated in the “Technology Corridor of Monrovia,” the building has won numerous design awards for its edgy, high-tech appearance, according to Lee & Associates.

The major tenants include Optum Healthcare, Tomdan (parent of Tommy Burgers) and Select
Physical Therapy.

Lee & Associates negotiated the 4,669-square-foot sale of Buddy’s Bites and Brews at 702-718 N River Road, Mount Prospect, Illinois, for $1 million.

Both the seller, restaurant and hospitality operator Ala Carte Entertainment, and the buyer, Platinum Doors, were represented by Rick Scardino, Principal, of Lee & Associates. This is the sixth transaction Scardino has aided Ala Carte in over the years.

“This site became an extra unit for the Ala Carte portfolio after purchasing, renovating, and anchoring a well-positioned strip center near Rosemont a few years ago,” said Scardino. “The new owner plans to continue operating the unit as Buddy’s Bites n Brews but in time featuring live South American music.”