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Business Insider Features Lee & Associates New York City’s Greg Tannor   The first legal dispensary in New York state opened its doors in December, but a commercial-real-estate expert said cannabis-business owners have some hefty obstacles to overcome before they can follow suit. In March 2021, the state of New York legalized recreational marijuana for adults, but it took nearly two years for the Office of Cannabis Management to approve the first 36 business licenses for dispensaries. The…

January 4, 2023 (BATON ROUGE, LA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a new office in Baton Rouge, LA. The office will specialize in industrial, office, land, and retail brokerage, with plans to strategically build a team that will grow their capabilities throughout the southern Louisiana market. The Lee & Associates Baton Rouge team will be led by Evan Scroggs. During the initial start-up period, the…

Calgary Expansion Marks the Third Lee & Associates Office in Canada     November 16, 2022 (CALGARY, AB) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of an office in Calgary, Alberta. The office will specialize in industrial, with plans to strategically recruit teams that will grow their capabilities in retail and office. The Lee & Associates Calgary team will be led by Jon C. Mook, SIOR, and…

GlobeSt.com Features Lee & Associates Industrial & Multifamily Research   The current economic headwinds have been a cause for alarm in certain sectors. Not so for industrial and multifamily, however. With US industrial vacancy at 4% and multifamily’s pipeline tightening, the data from Lee & Associates’ Q3 2022 Market Report shows both sectors have room for rent growth. It’s a story about fundamentals that point to continued strength, according to Jeff Rinkov, CEO of the broker-owned real estate services firm….

November 9, 2022 (NASHVILLE, TN) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today that their Nashville, TN office has transitioned from a satellite office to a freestanding office, granting them access to Lee & Associates unique capital structure benefits. Lee & Associates Nashville is led by Jim Rodrigues, SIOR, who serves as president. Since the satellite office opening in March of last year, the office has executed an aggressive growth strategy. As…

OVERVIEW Buyer Representation Approximately 35.15 Acres Zoning: General Employment, Industrial Direct Exposure to QEW Highway Sale Price: $56,350,000 For more information regarding this case study, please contact: Chris Wigle, MBA D  (416) 628-4648 Email // Resume   Mark Cascagnette, SIOR D  (416) 619-4400 Email // Resume   Luis Almeida, SIOR D  (416) 628-8151 Email // Resume The Client Anatolia Capital Corp (ACC) is the real estate division of Anatolia Group Inc. Its business activities include…

Bisnow.com Features Lee & Associates New York City’s Greg Tannor and Jessica Gerstein   After more than a year of build-up, vendor license applications awarded by New York State’s Office of Cannabis Management are slated to open at some point in the next 30 to 90 days. As the dawn of NYC’s formal cannabis retail market edges closer, aspiring vendors have accelerated their searches for available retail space and are signing lease agreements with a range of different conditions, experts in…

WealthManagement.com Features Lee & Associates New York City’s Ben Tapper   Rising interest rates, inflation and fears of a recession are starting to change the calculations of how to get the best returns for commercial real estate investors. Should they continue to favor multifamily and industrial assets, which have served them well through the pandemic disruption? Or switch to higher risk, but higher yield investments? It looks like the best approach might be combining the…

Bisnow.com Features Lee & Associates New York City’s Greg Tannor   The cannabis industry touches almost every commercial real estate asset class, from industrial to retail to office and flex. Despite its many obstacles, a fervent desire by developers to capitalize on the emerging industry is translating to increased demand for space. A 2021 survey by the National Association of Retailers found that in states where recreational or medicinal marijuana is legal, 36% of members…