OVERVIEW 24-Unit Apartment with Views of Lake Union Sale Price: $8M Current Cap Rate: 3.66% Represented Seller & Buyer “Candice, Dea and team Lee & Associates did an excellent job keeping the transaction on track. They were great at problem solving, tracking down information and ensuring effective communications between the parties.” – Buyer, Hamilton Urban Partners For more information regarding this case study, please contact: CANDICE CHEVAILLER Principal O: (206) 773-2694 cchevaillier@lee-associates.com DANIEL LIM Senior…
Creative Solutions Resulted in Maximized Pricing in a Downturn Market
OVERVIEW 21-Unit Apartment in Lower Queen Anne Sale Price: $7.3M Current Cap Rate: 4.23% Represented Seller & Buyer Coordinated 1031 Exchanges for both parties For more information regarding this case study, please contact: CANDICE CHEVAILLER 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 owner reached out to the Lee & Associates Seattle’s multifamily team for consultation and assistance marketing his…
Immaculate 21-Unit in the Heart of Ballard
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,…