Steve Bass of Lee & Associates Illinois, who represented BOX Partners and Ken Franzese and John Cassidy, also of Lee’s Illinois office, represented Conor Commercial. The 385,300-square-foot industrial facility is located near the intersection of Galvin and Higgins Roads and situated on a 22-acre parcel within Northwest Corporate Park with direct access to I-90.
Could this be the future for Los Angeles’ underperforming malls?
Principal Richard Abbitt of Lee & Associates West LA spoke to The Real Deal LA about the Westside Pavilion conversion and what it could mean to other struggling malls.
Lee & Associates SD North arranges $20 M industrial sale
Tim Moore of Lee & Associates San Diego North represented the seller, in a purchase by Rexford Industrial Real Estate of 143,274 SF of industrial space within Rancho Del Oro Technology Park in Oceanside.
Outlook for product distribution looks good for the Southeast US, but there still are some challenges
Craig Viergever of Lee & Associates Atlanta says on the regulatory front, there’s sure to be some things that will impact the US shipping business, some good, some not so much. Nonetheless, Mr. Viergever calls it a mixed bag of regulation that is set against a promising outlook for the Southeastern industrial market.
High rents and asset values in LA are pushing industrial users to greener pastures
Ventura County property is in the scopes of LA manufacturing industrial says Mike Tingus, president of Lee & Associates L.A. North/Ventura office, who tells GlobeSt.com: “It is a lot of small electronic and circuit board component manufacturers, aerospace users and commercial aviation users that are driving the market out here.”
Industrial hits near record pricing in Conejo Valley, CA
Mike Tingus, president of Lee & Associates LA North/Ventura spoke to Globest.com about his recent deal with Rexford Industrial, which recently purchased a 49,585-square-foot building.
NYC’s empty retail space doesn’t worry developers
The NY Post spoke to Lee & Associates’ Peter Braus and others regarding NYC’s empty retail space and why developers aren’t hitting the panic button.
Could industrial rents drop in SD North County?
Rusty Williams, SIOR, of Lee & Associates North San Diego, spoke to Globest about San Diego’s industrial market and its demand dynamics, how the new development is impacting the market and why there aren’t more for-sale options for owner-users.
JSM Music leases entire 28th floor of the 47-story office tower at 30 Broad St. NYC
Lee & Associates NYC’s Dennis Someck, along with Justin Myers and Conor Krup, represented JSM Music for the 10-year lease. JSM will relocate from 6,500 square feet at 665 Broadway in Noho on Sept. 1.