Chris Varjan, a senior managing director at Lee & Associates NYC who was featured in Real Estate Weekly, was one of six executives hired earlier this summer to build an investment sales division that would compliment Lee & Associates legacy leasing business and a new residential division.

Varjan Looking to Stir Things Up in Investment Sales Sector

Chris Varjan, Lee & Associates NYC

It was serendipitous that Lee & Associates was considering launching an investment sales arm when Varjan and his five team members were looking for opportunity in the sector. “They had good talent and quality people there with a strong reputation in the space they were in,” Varjan said of Lee & Associates.

And with Lee & Associate’s network of retail and a residential arm that also opened up recently, Varjan said he’s able to better maintain relationships by offering his clients other types of service and representation within the company.

Even though the investment sales team at Lee & Associates just started in July, they’re already growing. In September, Eastern Consolidated veteran Ben Tapper joined the team.

Varjan noted they were only interested in growth that was high-quality and controlled. He added that they’re looking into bringing in a debt and equity team to work alongside the investment sales team.

So far, the Lee & Associates investment arm has closed several deals. At 1440 Amsterdam Avenue in Manhattanville, the team closed on the $8 million sale of a one-story grocery store with untapped air rights.

 

About Lee & Associates Commercial Real Estate Services
Lee & Associates  is a fully-integrated commercial real estate company with unrivaled capabilities and an unwavering dedication to integrity. Our business-minded brokers specialize in office, industrial, retail, multi-family, land, investment services, corporate solutions, and valuation and appraisal services. As the fastest-growing broker-owned firm in the nation, with 59 office locations in North America, we are uniquely qualified to support our clients’ real estate needs in the local, national and international markets. For more information, visit www.lee-associates.com/.