Lee & Associates Washington, D.C./Northern Virginia Office Expands To Six Full-Time Professionals

The Lee & Associates Washington, D.C./Northern Virginia regional office has recently expanded to six full-time professionals, including the recruitment of three new brokers with extensive local experience and relationships. They join Josh Simon, President of the new office which opened last summer and Pierce Kruetzer, Principal, along with a Director of Marketing. Lee & Associates is the largest broker-owned commercial real estate firm in North America with 70 full-time offices, with Lee’s most recent expansion efforts occurring on the East Coast. In addition to Washington, D.C., Lee & Associates will be announcing a new Northeast office, in addition to the newly-formed Raleigh, NC, and Toronto offices. The new DC/Northern Virginia office located to 800 Maine Avenue within The Wharf in southwest Washington, D.C. late last year.

The recently-added brokerage team consists of Roy Hill, as Senior Director, a 15-year veteran who formerly worked with The Genau Group, and previously Streetsense.; Patrick Scanlon, as Director, who was associated with CBRE and brings more than six years of experience; and John Colan as Associate. Rachel Jones joins the brokerage firm as Director of Marketing and the regional office is currently engaged in “active discussions to bring several more agents to the team including another prominent brokerage professional,” according to Simon.

“We have quickly amassed a powerhouse group of professionals with depth of experience across all property product types, that will enable our platform to secure new assignments and compete alongside peer brokerage firms of any type and size,” explained Josh Simon of Lee & Associates. “Our intentions are to focus next on the expansion of our Investments Division with the recruitment of professionals specializing in the multifamily, land development and commercial office sectors. This group will integrate with our existing team, as well as the Lee National Investment Group which has experienced enormous growth nationally of late. Growing the tenant representation group is another priority, as we have tremendous respect for the efforts of MGA; West, Lane & Schlager and The Tenant Agency. Combined with the resources that a national platform provides, we have confidence in our ability to compete and exceed the quality of services provided by these firms.”

Hill has completed transactions valued at more than $600 million throughout his career, with involvement in notable sales such as 5929 Georgia Avenue that now features a Walmart Supercenter and the Starbucks Coffee-anchored retail project in Chinatown, with a typical sale transacting in the $2 to $10 million range. Attracting this professional who focuses on urban sites in downtown Washington, D.C., “elevates Lee & Associates to another plane,” according to Simon.

“Ironically, our careers crossed when we worked together at Grubb & Ellis approximately 10 years ago, and Roy is considered among the most knowledgeable, experienced and connected professional in the local real estate industry,” Simon added. “We were particularly drawn to his success selling retail and mixed-use projects in downtown, and he represents a significant addition to our Investments Division including mentoring our younger professionals.”

Patrick Scanlon earned a Juris Doctorate from the University of Virginia School of Law and will focus primarily on tenant representation. John Colan also graduated from the University of Virginia School of Law and will work directly with Scanlon.

Last summer, when announcing plans to assume the role of President of the Lee & Associates Washington, D.C./Northern Virginia office, Simon stated, “a constant refrain by owners and investors is the lack of personalized service received from brokerage firms that have experienced continual consolidation and growth. A negative byproduct of this expansion is a disconnect on the local level where personal relationships and trust mean everything to achieve success. Lee & Associates employs a collaborative and empowering business model and we fully intend to compete with every national player in the Washington, D.C. area, particularly in the middle market space.”

Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. Visit https://www.lee-associates.com/offices/office/?id=1591