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…
Lee & Associates Grows Presence in the South with Latest Expansion: Naples, Florida
May 26, 2020 (NAPLES, FL) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a Naples, Florida location. The office will specialize in multifamily retail, office, and industrial brokerage. Lee & Associates Naples will be led by Bill Young, Biagio Bernardo, and Brock Rasmussen. Their team consists of seven brokerage professionals, including Jeffrey Buckler, SIOR; Michael Mahan; Thomas Webb, CCIM, MSRE; and James Walls. In addition to their transactional agents, the team will also include Claire Searls as the Director…
Lee & Associates Washington, DC Transitions From a Satellite Office to a Freestanding Office
May 19, 2020 (WASHINGTON, DC) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today that their Washington, DC office has transitioned from a satellite office to a freestanding office, granting them access to Lee & associates unique capital structure benefits. Lee & Associates Washington, DC is led by Josh Simon, who opened the satellite office in July of last year. Since the opening ten months ago, his office…
Lee & Associates Grows Northeast Presence with Latest Expansion: Boston, MA
April 30, 2020 (BOSTON, MA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a Boston, Massachusetts location. The office will specialize in tenant representation for office, life sciences, industrial, and retail clients, with plans to strategically recruit teams that will grow their agency and capital markets capabilities in Boston and the larger New England market. Lee & Associates Boston will be led by Eric Solem, Ty…
The Impact of COVID-19 on Commercial Real Estate
Panel Held on March 25, 2020 at 8:00 AM PST / 11:00 AM EST Earlier this morning Lee & Associates held a discussion with a panel of experts, moderated by our CEO, Jeff Rinkov, to discuss the impact of COVID-19 on the commercial real estate market. To learn more about the panel topics or to connect with the panelists, please see below. PANEL DISCUSSION OUTLINE Introductions and Opening Remarks (00:00 – 02:04) Industrial Market (02:05 – 11:01) Capital Markets &…
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…