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2022 Lee Summit Award Recipients

  Congratulations to the recipients of Lee & Associates 2022 Lee Summit awards. BILL LEE AWARD Bob Sattler, Lee & Associates Orange   CLIF FINCHER AWARD Sean Austin, Lee & Associates Illinois   EXCELLENCE IN NETWORKING AWARD Lee & Associates Los Angeles – Long Beach   HUMANITARIAN AWARD Lee & Associates Raleigh-Durham Lee & Associates North San Diego County   LEADERS OF LEE AWARD Jim Bowles, Lee & Associates Pacific Northwest   INNOVATION AWARD Michelle…

Lee & Associates Grows Southern California Presence with Downtown Los Angeles Expansion

June 6, 2022 (LOS ANGELES, CA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a new office in Downtown Los Angeles. The office will specialize in industrial, office, and investment brokerage, with plans to strategically recruit teams that will grow their capabilities in multifamily and retail. Lee & Associates Los Angeles – Downtown will be led by Jack R. Cline, Jr. as President. The team consists of thirteen…

Lee & Associates Grows Northern California Presence with San Francisco, CA Expansion

March 7, 2022 (SAN FRANCISCO, CA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a San Francisco location. The office will specialize in office landlord agency, bio/life science tenant representation, and NNN sales, with plans to strategically recruit teams to grow their multifamily capabilities in the San Francisco and surrounding markets. The Lee & Associates San Francisco team will be led by Jeff Moeller, a…

Lee & Associates Grows Midwest Presence with Omaha, NE Expansion

March 1, 2022 (OMAHA, NE) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of an office in Omaha, Nebraska. The office will specialize in retail, office, investment sales, and land sales with a focus on the Omaha and Lincoln markets. The Lee & Associates Omaha team will be led by Co-Managing Principals Daniel Dutton and Daniel Goaley. Their team consists of seven brokerage professionals, including Scott…

Growing Logistics Company Answers eCommerce Demand with 17 New Warehouses

OVERVIEW Lee & Associates currently represents Smart Warehousing, a 3PL, in leasing and buying properties for new warehouses Current acquisitions include seventeen (17) warehouses and one (1) office building For more information regarding this case study, please contact: John Sharpe, SIOR, CCIM, LEED-AP D  (773) 355-3030 Email // Resume   Jon Hitchcock D  (913) 888-3222 Email The Client Smart Warehousing is a third-party logistics company based in Kansas City, MO that has become an industry-leading…

Six Factors Helping to Power Interest in Multifamily Markets

When the pandemic engulfed the world last year, few analysts predicted that the multifamily sector would flourish and thrive so well. Most suspected that the sector would be on life support. Yet, despite a year-long national eviction moratorium, there hasn’t been a better time to be a big apartment-building landlord. Multifamily-property values have increased 13 percent since before the pandemic and more money is being invested now in apartment buildings than in any other type…

Lee & Associates Breaks Down Third-Quarter Economic Outlook by Sector

The calculus for which asset classes are likeliest to demonstrate strong growth continues to shift as the pandemic appears to be receding. Patterns in labor shortages, supply chain issues and material costs have managed to solidify through the third quarter of 2021. Lee & Associates’ newly released Q3 2021 North America Market Report dissects third-quarter 2021 industrial, office, retail and multifamily findings, with a focus on where demand is moving and the challenges facing each asset class….

Record Single Tenant NNN Sale Price PSF on Development Presale

OVERVIEW 137 Serramonte Center Daly City, CA Class A Retail Building ± 4,500 SF ± 0.52 Acre Site 100% Leased by Verizon Wireless Seller: Petrolink, Inc. Buyer: Pacific Royale, LP For more information regarding this case study, please contact: Jonathan Selznick D  (949) 734-0243 Email // Resume   The Client Platinum Energy is a privately-owned company based in Agoura Hills, CA. Platinum’s Founder and CEO, David Delrahim emigrated from Iran in 1979 with a dream…

San Diego Stays Strong as a Core Market for Industrial Real Estate

OVERVIEW Five (5) Industrial Buildings in San Diego County, CA ± 475,000 SF in Five (5) Buildings Buyer Representation Total Sale Value: $80,000,000 For more information regarding this case study, please contact: Greg Pieratt, SIOR D  (949) 734-0243 Email // Resume The Client Elion Partners is an east coast private investment firm based in Miami. The company has managed more than $2.0 billion in real estate assets since its founding in 2010. Additionally, over the…