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Exceptional Location & Development Potential Attracted Major Interest

OVERVIEW Railroad Avenue | Florence Township, NJ 30.82 Acres Fully Approved for Industrial Development at Closing Approved Building Size: 300,700 SF Seller Representation “The site’s premier, infill location combined with its immediate development potential attracted every major institutional developer on the East Coast. The outcome was an extremely competitive marketing process where we were able to drive pricing to the highest achievable level.”  – Bob Yoshimura, Principal at Lee & Associates of Eastern Pennsylvania For…

Balfour Beatty Develops Corporate Real Estate Strategy For U.S. Portfolio

For more information regarding this case study, please contact: JOHN DECOUTO, CCIM, MCR.H D  (404) 442-2822 Email // Resume   The Client Balfour Beatty is an industry-leading provider in the U.S. of general contracting, at-risk construction management and design-build services for public and private sector clients across the nation. Performing heavy civil and vertical construction, our teams build the unique structures and infrastructure that play an important role in how people live, work, learn and…

AFF Logistics Center Sale-Leaseback

OVERVIEW 7400 45th Street Court E | Fife, WA ± 99,260 SF 19.5 Acres Seller (& Lessee) Representation Sale Price: $46,515,015 ($469 / SF)   “We were extremely happy with the local market expertise and guidance provided by the Lee & Associates team. From lease availability analyses, to purchase and sale negotiation, introduction to key area legal counsel, and presence during the entire transaction, we could not have asked for more. The Lee team set…

Rigorous Process Aides in UK Company’s First US Location Selection

OVERVIEW 1600 Tysons Boulevard | McLean, VA ± 20,000 SF Corporate Headquarters 10-Year Lease 20% Net Present Value Savings Over Next-Best Alternative For more information regarding this case study, please contact: KENNETH SALZMAN, SIOR D  (212) 776-1227 Email // Resume   This assignment was procured through Lee & Associates’ international alliance partners, Gerald Eve, who represent Ocado in the UK. When their client expressed their need to expand into the US, Gerald Eve introduced the Ocado management team to Lee…

292K SF Single-Tenant Building Updated For Multi-Tenant Office and Industrial

OVERVIEW 4101 Founders Boulevard | Batavia, Ohio Owner: Sentinel Investments 292,000 SF 16.137 Acres Mixed-Use, Multi-Tenant Office and Industrial Year Renovated: 2015 Sale Price: $6,850,000 For more information regarding this case study, please contact: STEWART DEVITT D  (513) 588-1115 Email // Resume   DAN MCDONALD D  (513) 588-1113 Email // Resume   JOE GILLIGAN D  (513) 899-1312 Email // Resume   The Client In May 2014, Sentinel Investments (“Sentinel”), in its capacity as real estate…

Medical Practice Transitions From Leasing Space to Owning a Multi-Tenant Building

OVERVIEW 11001-11039 Montgomery Road  | Cincinnati, OH Buyer: The Itis Group, LLC 21,965 SF (Two Story) Retail Property Year Built: 1987 Year Renovated: 2010 Sale Price:  $1,236,700 For more information regarding this case study, please contact: DAN MCDONALD D  (513) 588-1113 Email // Resume   The Client Montgomery Family Medicine had outgrown their existing space and wanted to evaluate nearby sites for an expansion of their 40-year-old medical practice. At that time, the physicians expressed…

Lee Columbus Secures Tenant for 646,000 SF Speculative Industrial Development

Southpark Place, Grove City, Ohio Site Acquisition, Development, Lease Up, and Property Management Two (2) Industrial Distribution Facilities  ± 646,000 SF on 41 Acres  Landlord Representation “Lee & Associates provides our firm with exceptional experience and knowledge of the market. Their thorough diligence and analysis of market trends plays an invaluable role and has helped us grow our Columbus portfolio. Not only do they add value on the brokerage side, but they also leverage their strong…

Altair: Most Prestigious & Best Located Masterplan in the Inland Empire

Moraga Road, Old Town Temecula, CA Master Planned Community Unimproved, Entitled ± 270 Gross Acres; ± 77 Net Acres 1,750 Max Units 50% Dedicated Open Space Seller Representation Sale Price: $25,200,000

Lee & Associates – Atlanta Completes Acquisition & Disposition of Industrial Warehouses

 Industrial Warehouse in Tucker, Georgia Acquisition & Disposition Acquisition Details 4919 North Royal, Tucker, GA ± 80,860 SF Sales Price: $4,335,000 ($53.61 PSF) Deposition Details 2527 Commerce Place, Tucker, GA ± 55,505 SF Sales Price: $3,333,333 ($60.05 PSF) “These two acquisition-disposition transactions in a submarket with few industrial options had the potential to be a complicated relocation project. But the persistent efforts of the Lee & Associates brokerage team made facility selection, negotiations, and ultimate…