December 4, 2019 – The industrial real estate sector, traditionally known as the land of big, boring boxes, has become the darling of real estate amid the growth of e-commerce. Investors have poured hundreds of billions of dollars into industrial properties over the last five years alone, and not even the prospect of new construction potentially outpacing demand has tempered enthusiasm. “With online sales continuing to grow at a faster rate than general retail sales, there…
Lee & Associates Plans 2020 Road Map
October 21, 2019 (LOS ANGELES, CA) – Expansive. That’s how Jeff Rinkov, CEO of Lee & Associates, sees the next year shaping up, both on a macro level for commercial real estate generally and more specifically for the firm he helms. For Lee, currently marking its 40th anniversary, that expansion trend builds on a theme. Rinkov reports that, fresh on the heels of opening new branches throughout the year–mostly in Eastern markets such as Washington, DC;…
Cushman & Wakefield Capital Markets Team Jumps Ship to Lee & Associates
October 2, 2019 (FORT WASHINGTON, PA) – Locally-based commercial real estate brokerage firm Lee & Associates reports it has added four capital markets and asset services professionals to its operations here. All four executives—Bob Yoshimura, Joe Hill, Eric Mattson and Bruce Gordon—until their respective moves to Lee & Associates, held executive-level positions with Cushman & Wakefield. Yoshimura, Hill and Mattson, will continue to focus on institutional owners, such as large pension fund advisers, REITs, insurance companies…
Lee & Associates’ Brian Pohl: Chicago Apartment Demand Reaches All-Time High
For the Chicago region’s multifamily sector, the current environment marks both a high watermark for development and investment sales, and a tipping point in terms of emerging challenges. These range from obtaining joint venture equity to higher assessment valuations. Connect Media asked Lee & Associates principal Brian Pohl, who specializes in the acquisition, disposition, and placement of real estate investments in greater Chicago and throughout the Midwest, to map out the market’s terrain. Q: Across…
Last-Mile Access to Customers Drives Distribution Center Conversions
August 20, 2019 (NEW YORK, NY) – E-commerce has been driving demand for industrial real estate for several years, but steadily increasing online sales coupled with growing consumer expectations for speedier delivery continues to put pressure on merchants to bridge the last mile to their customers. Considering that these projects are located in densely populated areas where land and available product are typically scarce, developers are increasingly converting obsolete warehouse and other properties into fulfillment centers….
Lee & Associates’ Reed Vestal Named 2019 Connect Media Next Generation Award Recipient
August 15, 2019 (HOUSTON, TX) – Reed Vestal, principal and partner with Lee & Associates — Houston, focuses on industrial, land and investment brokerage. He also manages the office by devising and executing business strategy. And, his hard work on behalf of clients, as well as dedication and tenacity, make him one of the youngest brokers to be named principal in the Houston office, and partner through the Lee & Associates national network. “Throughout his time…
Lee & Associates Expands into Spartanburg, SC
Adam D. Padgett, SIOR Jordan Skellie July 24, 2019 (SPARTANBURG, SC) – Lee & Associates Greenville is pleased to announce that Adam D. Padgett, SIOR and Jordan Skellie will be joining our team with the opening of our new satellite office in Spartanburg, South Carolina. Adam D. Padgett, SIOR will be joining our team as Executive Vice President / Principal and will be managing our Spartanburg office. He will be focusing his time on representing industrial…
Lee & Associates Expands into Washington, D.C.
LEE & ASSOCIATES SELECTS JOSH SIMON, SIOR, AS PRESIDENT OF NEW WASHINGTON, D.C./NORTHERN VIRGINIA REGIONAL OFFICE The former NAI KLNB Partner and Pierce Kruetzer will focus on office landlord and tenant representation, retail and industrial leasing, debt services and investment sales July 16, 2019 (WASHINGTON, D.C.) – Lee & Associates, the largest broker-owned commercial real estate firm in North America with more than 60 full-time offices, has named Josh Simon, SIOR, as President of its new…
GlobeSt.com Names 2 Lee Principal’s as Women of Influence
GlobeSt.com has released their annual Women of Influence issue. This is the 26th year that they have covered the achievements of women in commercial real estate. Included are accounts of developments and deals and huge client wins as there are every year. In recent years, including this one, a change is in the air. The deals are getting bigger, the wins more numerous. Indeed, the number of women being recognized for their accomplishments is growing larger by the…