For the first time in years, the office market has headline numbers that genuinely look better. The U.S. posted a modest annual net absorption gain in 2025, the first since 2019. Leasing picked up. Activity in top-tier buildings improved in several major markets. But the rebound is narrower than it looks. The better question is not whether office is “back” or still “broken,” but where it is actually healing, why there, and why so much…
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CREATING VALUE WHERE THERE WAS NONE
OVERVIEW 10-Year, 16,125 RSF Lease of Functionally Obsolete School Building Religious non-profit owner in the San Francisco Bay Area Lee & Associates represented the owner-landlord For more information regarding this case study, please contact: DAVID KLEIN Executive Vice President | Managing Principal (415) 828-2188 [email protected] ELIJAH HODGES Associate (925) 528-9972 [email protected] DAVID SHARIFI Associate (858) 610-9843 [email protected] The Client The client is a religious non-profit organization located in the San…
Catholic Charities Unlocks Property Equity to Fund Mission Work with Sale-Leaseback
OVERVIEW 45,035 SF Sale-Leaseback of Converted Warehouse to Social Service Center Catholic Charities of the East Bay (“CCEB”) is the seller-tenant LEC Advisors is the buyer-landlord For more information regarding this case study, please contact: DAVID KLEIN Executive Vice President | Managing Principal O (415) 828-2188 [email protected] The Client Catholic Charities of the East Bay (CCEB) is part of Catholic Charities of California, the largest charity providing human services in California. CCEB serves people in…
Bringing Stability to Uncertain Market
OVERVIEW 24-Unit Apartment with Views of Lake Union Sale Price: $8M Current Cap Rate: 3.66% Represented Seller & Buyer “Candice, Dea and team Lee & Associates did an excellent job keeping the transaction on track. They were great at problem solving, tracking down information and ensuring effective communications between the parties.” – Buyer, Hamilton Urban Partners For more information regarding this case study, please contact: CANDICE CHEVAILLER Principal O: (206) 773-2694 [email protected] DANIEL LIM Senior…
Creative Solutions Resulted in Maximized Pricing in a Downturn Market
OVERVIEW 21-Unit Apartment in Lower Queen Anne Sale Price: $7.3M Current Cap Rate: 4.23% Represented Seller & Buyer Coordinated 1031 Exchanges for both parties For more information regarding this case study, please contact: CANDICE CHEVAILLER Principal O: (206) 773-2694 [email protected] DANIEL LIM Senior Vice President O: (206) 773-2692 [email protected] DEA SUMANTRI Vice President O: (206) 773-2680 [email protected] The Challenge The owner reached out to the Lee & Associates Seattle’s multifamily team for consultation and assistance marketing his…
Immaculate 21-Unit in the Heart of Ballard
OVERVIEW 14 tours, 40 signed CA 21-Unit with views of Salmon Bay & Olympic Mountains Sale Price: $4.85M Current Cap Rate: 4.93% Represented Seller & Buyer For more information regarding this case study, please contact: CANDICE CHEVAILLIER, CCIM Principal O (206) 773-2694 [email protected] DANIEL LIM Senior Vice President O (206) 773-2692 [email protected] DEA SUMANTRI Vice President O (206) 773-2680 [email protected] SARAH BAGO Associate O (206) 773-2675 [email protected] The Challenge Our client, a longtime owner…
Fremont Court – Successful Closing Despite Pandemic Headwinds
OVERVIEW True Mixed-Use building with 17 apartments, office, retail and restaurant Quarter Block in Fremont Sale Price: $17,415,000 Loan Assumption For more information regarding this case study, please contact: CANDICE CHEVAILLIER, CCIM Principal O (206) 773-2694 [email protected] DANIEL LIM Senior Vice President O (206) 773-2692 [email protected] DEA SUMANTRI Vice President O (206) 773-2680 [email protected] The Challenge Located at corner of Fremont Avenue and North 34th Street, Fremont Court is an incredibly well-located and uniquely…
Thomas Park Portfolio – The Search for a Deserving Custodian
OVERVIEW Four-building Portfolio in Capitol Hill Sale Price: $16,800,000 ($433 PSF) Strong Current Cap Rate: 3.88% For more information regarding this case study, please contact: CANDICE CHEVAILLIER, CCIM Principal O (206) 773-2694 [email protected] DANIEL LIM Senior Vice President O (206) 773-2692 [email protected] DEA SUMANTRI Vice President O (206) 773-2680 [email protected] The Challenge The Thomas Park Portfolio is a four-building portfolio collected over 46 years by a local architect and his family. It had been purchased…
Lee & Associates Negotiates 750,000 SF Industrial & Office Leases for HelloFresh
OVERVIEW Lee & Associates New York City and Lee & Associates Dallas/Fort Worth worked collaboratively to successfully complete transactions for HelloFresh across multiple markets, including Grand Prairie, TX; Dallas, TX; New York, NY; Brooklyn, NY; Boulder, CO; and Swedesboro, NJ. “We are thrilled to be expanding our operational footprint in the Dallas-Fort Worth metro region, a highly effective logistics hub as demonstrated by our existing Grand Prairie distribution center,” said Uwe Voss, CEO of HelloFresh…