The building, which was completed in 1987, is a six-story, class-A office property located adjacent to the Long Beach Airport and Marriott Hotel and was occupied by former multinational aerospace tenant Boeing until the fourth quarter of 2010. “The building’s ideal 405 freeway proximity, coupled with ample free parking, surrounding amenities and attractive lease rates, has drawn significant activity from companies looking for a strategic location between Los Angeles and Orange counties,” said Coburn in a prepared statement. “These deals bring needed positive absorption to a submarket that has taken a big hit with Boeing’s recent downsizing.”

In addition, principals Keith H. Fielding, Tibor S. Lody and Aleks Trifunovic, who previously worked as a team with Klabin Co., have been brought on board as brokers in Lee’s West L.A. offices. At his former company, Fielding specialized in both landlord and tenant representation and property disposition with a concentration in office. Lody has specialized in landlord representation for office and industrial properties with an emphasis in creative properties, developing extensive experience in disposition and listing services for tenants and owners, as well as acquisition and disposition of investment-grade properties. Trifunovic specializes in both tenant representation and property disposition with a concentration in industrial, office, creative office and land.

As GlobeSt.com previously reported, earlier this month GlobeSt.com exclusively learned that a portfolio of four multifamily properties in the Brentwood and West Los Angeles communities of Los Angeles has sold in separate transactions totaling more than $12 million. Lee & Associates-LA North/Ventura principals Mike Smith, Jim Fisher and Craig Stevens, represented the seller in all the transactions and the buyers in two of the transactions.