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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…

Complexities of Cold Storage Keep Supply Low as Demand Rises

With a booming tourism sector and a growing population overall, South Florida is an especially strong marketplace for cold storage warehouse space. It’s also a vantage point from which Lee & Associates South Florida’s President, Matthew Rotolante, a cold storage specialist, can provide insights into why demand in the sector is growing but supply is not. Q: We’ve been hearing that demand for refrigerated warehouse space is on the rise. Is supply keeping up with…

MonthLEE Featured Transactions: May 2019

Lee & Associates of Illinois Negotiated a Long-Term Lease on a 308K SF Industrial Building in Addison, IL (Addison, IL) -Lee & Associates of Illinois closed a long-term lease renewal and expansion for a 308,782-square-foot industrial space located at 880 S. Rohlwing Road in Addison, Ill.  The tenant, Ferguson Enterprises, is renewing their lease on 260,099 SF and expanding into an additional 48,683 SF. Jeff Janda, SIOR, Jeff Galante, and Tim McCahill, Principals of Lee & Associates’ Illinois office, represented the owner, BREIT Industrial Canyon,…

Lee’s Tale of Not Two, but Three Cities

The retail transformation is alive and well on both coasts. So say Lee & Associates brokers from L.A., Charleston and Manhattan. Of course, there are major differences, allowing for size and local market culture, as Lee & Associates brokers explain. How are Charleston, L.A. and New York City alike? Well, two out of three ain’t bad. For the former two metros, they’re alike in more ways than you would think, allowing of course for local…

Bricks to Clicks: Online Stores Get Real

Take an online concept, add some brick and mortar and a pinch of Wow Factor, and before long you have a successful format. So say the brokers of Lee & Associates. “Many online retailers that started opening brick-and-mortar stores have seen anywhere from a 30 to 40% increase in sales.” So says Rick Scardino, a principal in the Chicago office of Lee & Associates. He and his Temecula, CA-based colleague, SVP Brian Bielatowicz, are seeing…

Lee & Associates Expands Into Ontario With Second Canadian Office

April 30, 2019 (TORONTO, ON, CANADA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of its first office in Ontario, Canada. Lee & Associates Toronto will be headed by Mark Cascagnette, SIOR, and is the firm’s second office in Canada. “Our focus continues to be enhanced client services in North America, and we are always looking for markets that we can expand into to better serve…

Lee & Associates NYC Rebrands Sierra Project Management & Development Arms to Lee Name

Lee & Associates NYC’s property management and project management arms—Sierra Real Estate and Sierra Development—will now all share the Lee & Associates name. The companies will rebrand to become Lee & Associates Management and Lee & Associates Development in an effort to capitalize on the Lee name Lee & Associates NYC leadership feels it built on the brokerage side in New York City, said Peter Braus, the managing principal at Lee. After undergoing a significant expansion…