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 cchevaillier@lee-associates.com DANIEL LIM Senior Vice President O (206) 773-2692 dlim@lee-associates.com DEA SUMANTRI Vice President O (206) 773-2680 dsumantri@lee-associates.com SARAH BAGO Associate O (206) 773-2675 sbago@lee-associates.com 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 cchevaillier@lee-associates.com DANIEL LIM Senior Vice President O (206) 773-2692 dlim@lee-associates.com DEA SUMANTRI Vice President O (206) 773-2680 dsumantri@lee-associates.com 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 cchevaillier@lee-associates.com DANIEL LIM Senior Vice President O (206) 773-2692 dlim@lee-associates.com DEA SUMANTRI Vice President O (206) 773-2680 dsumantri@lee-associates.com 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 Grows Nevada Presence with Expansion into Las Vegas
March 11, 2025 (LAS VEGAS, NV) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of an office in Las Vegas, Nevada. The office will specialize in industrial owner/tenant representation, investment sales, and land sales, with plans to strategically recruit teams to grow their capabilities in office, retail, and multifamily. The Lee & Associates Las Vegas team will be led by John Sharpe, SIOR, CCIM, LEED-AP as President. The…
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…
Lee & Associates Grows North Carolina Presence with Expansion into Wilmington
Wilmington Expansion Marks the Third Lee & Associates Office in North Carolina February 11, 2025 (WILMINGTON, NC) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a new office in Wilmington, North Carolina, led by Sandy Thorpe as Managing Director. The office will specialize in retail, office, industrial, land, and multifamily. The Lee & Associates Wilmington office will be an extension of the Lee & Associates Raleigh Durham office, led…
Lee & Associates Grows Texas Presence with Expansion into Austin
Austin Expansion Marks the Third Lee & Associates Office in Texas November 20, 2024 (AUSTIN, TX) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a new office in Austin, Texas led by Adam Green, SIOR as President. The office will specialize in industrial tenant representation, leasing, sales, and acquisitions, as well as land. Lee & Associates Austin plans to strategically recruit teams to grow their capabilities in office,…
Lee & Associates Charlotte Transitions from a Satellite Office to a Freestanding Office
New Standing Allows Office to Access Unique Capital Structure July 16, 2024 (CHARLOTTE, NC) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today that their Charlotte, NC office has transitioned from a satellite office to a freestanding office, granting them access to Lee & Associates unique capital structure benefits. Lee & Associates Charlotte is led by Greg Pieratt, SIOR, who serves as president. Since the satellite office opened in March of…
Lee & Associates Central California Transitions from a Satellite to a Freestanding Office While Growing Connectivity and Resources in Santa Barbara, San Luis Obispo, and Los Olivos
New Standing Allows Office to Access Unique Capital Structure while Building Resources and Client Services throughout Central California and the Central Coast Region July 9, 2024 (BAKERSFIELD, CA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today that their Central California office has transitioned from a satellite office to a freestanding office, granting them access to Lee & Associates unique capital structure benefits. Additionally, the office will aid…