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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. May 16, 2019 (NEW YORK, NY) – “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…

Lee & Associates – Atlanta Completes Acquisition & Disposition of Industrial Warehouses

 Industrial Warehouse in Tucker, Georgia Acquisition & Disposition Acquisition Details 4919 North Royal, Tucker, GA ± 80,860 SF Sales Price: $4,335,000 ($53.61 PSF) Deposition Details 2527 Commerce Place, Tucker, GA ± 55,505 SF Sales Price: $3,333,333 ($60.05 PSF) “These two acquisition-disposition transactions in a submarket with few industrial options had the potential to be a complicated relocation project. But the persistent efforts of the Lee & Associates brokerage team made facility selection, negotiations, and ultimate…

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…

3 Reasons Why Columbus, Ohio is the Retail Test Market Hub of the US

Written by Todd Spencer, Lee & Associates Columbus   Have you ever wondered how your favorite retailer or restaurant found the perfect new item for their store or menu? The truth is they probably released a handful of items in a test market before they ever rolled out that product to you. There are many different factors companies consider when testing products, two of the most important being where they test the product and who…

The Fitness Trend: Getting Real Estate In Shape

Former professional soccer player Justin Myers now a partner at Lee & Associates NYC explains how fitness is growing in importance in real estate including with the office sector. February 12, 2019 (NEW YORK, NY) —One doesn’t have to be a real estate expert to have noticed the fitness trend that has taken New York City, and the nation, by storm. In addition to the big box gyms that have always existed as well as…

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…

Congratulations to our Power Broker Award Winners!

Every year CoStar Power Broker Awards celebrates the top CRE firms and brokers like you in the United States and Canada. Over the past 19 years, CoStar has recognized the industry leaders for their success in the commercial real estate market. Lee & Associates is proud to be named in markets across the country in every category! https://costarpowerbrokers.com/power-broker-award-winners/ Top Leasing Firms Atlanta Charleston Chicago Dallas/Ft. Worth East Bay/Oakland Houston Inland Empire Los Angeles New York City…

MonthLEE Featured Transactions: February 2019

Lee & Associates Illinois Negotiates 134,852 SF Industrial Lease in Bedford Park (Bedford Park, IL) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, has closed a lease transaction for a 134,852-square-foot industrial space located at 5025 W. 73rd Street, Suite A in Bedford Park, Ill. Jeff Janda, SIOR and Brian Vanosky, Principals of Lee & Associates’ Illinois office, represented the owner, GLP. Pete Roberson, Scott Brandwein and Jake Ehrenberg…

Veteran Manager Violette Brings 9M SF of NJ/PA Property to Lee & Associates

 Lee & Associates -New Jersey  now manages more than 11 million square feet New Jersey and Pennsylvania property with Violette’s arrival. February 12, 2019 (Elmwood Park, NJ)—Longtime industry professional David Violette, who currently manages more than nine million square feet of commercial real estate throughout New Jersey and Eastern Pennsylvania, has joined Lee & Associates, as executive director. “My goals include increasing the market penetration of Lee & Associates’ property management by identifying new opportunities and optimizing the…