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by CareyBot

Lee & Associates-LA North/Ventura Inc. facilitated the sale of an 87,722-square-foot office building in North Hollywood, Calif. The value of the transaction was approximately $8.5 million. Built in 1986, the six-story building is located at 6400 Laurel Canyon Blvd. Lee & Associates represented the seller, 6400 Laurel Canyon Investors LLC, in the transaction. John Smeltzer of Marcus Millichap in San Diego, Calif., represented the buyer, Milan Properties. Sherman Oaks, Calif.-based Lee & Associates-LA North/Ventura Inc. provides commercial real estate services throughout the San Fernando Valley and surrounding communities. *** What's your opinion? Send your Letter to the Editor to newsroom@inman.com....