The commercial real estate sector of Puget Sound has demonstrated noteworthy dynamics across its Industrial, Multifamily, and Capital Markets during the initial half of 2023. Industrial Sector: Confronting Inventory Scarcity Amid Investor Appetite The Industrial market is active with investors and users alike, but inventory is scarce for land and buildings. Interest rate hikes strongly impacted the volume of investment, leaving Sellers wondering how far price adjustments will go before the market stabilizes. Investments…
Two Lee & Associates | Pacific Northwest Brokers Named Among 2023 Circle of Excellence Award Winners
We are thrilled to announce that two exceptional Principals from our team have received our company’s highest national recognition, the Lee & Associates Circle of Excellence award, for their outstanding success in client representation. It is an honor to recognize Jim Reed, SIOR, who, for the second consecutive year, is distinguished for his prestigious achievements in Investment. Equally deserving is Candice Chevaillier, CCIM, whose thought leadership and overall excellence in the Multifamily sector have earned her a…
Tacoma Comedy Club Opens 2nd Location, Plans Relocation for Downtown Location
June 1, 2023 (Tacoma, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered two leases for the Tacoma Comedy Club. The Club will move and expand into new space at 936 Pacific Avenue in downtown Tacoma, plus will open a new, second location along Tacoma’s 6th Avenue. The locally owned entertainment provider opened their current Market Street location in 2010. In their new space at 936 Pacific Avenue, the venue…
Lee & Associates Facilitates $8.2 Million Acquisition of Pacific Business Park, Meeting Niche Demand in Stable Industrial Market
© All EagleView Technology Corporation May 30, 2023 (Bellevue, WA) – Lee & Associates Commercial Real Estate Services is pleased to have represented Pacific West 5, LLC, in their acquisition of the Pacific Business Park. Located at 136 Stewart Road SE in Pacific, WA, the property closed in an $8,200,000 transaction, as part of a 1031 exchange. The 42,000 SF of buildings on the 2.78-acre property is currently leased to 22 tenants and is 100%…
Daniel Lim of Lee & Associates | Pacific Northwest Named Among Connect CRE’s 2023 Next Generation Award Winners
Lee & Associates’ Vice President, Daniel Lim has been named among Connect CRE’s Next Generation Award winners for 2023 in the Seattle & Northwest Region! MEDIA CONTACT Jim Bowles, SIOR Lee & Associates (206) 773-2673 jbowles@lee-associates.com
Two Lee & Associates | Pacific Northwest Brokers Named Among GlobeSt. 2023 Women of Influence Awards
Lee & Associates’ Principal, Candice Chevaillier and Senior Vice President, Adrienne Hunter have been named among GlobeSt. 2023 Women of Influence honorees! MEDIA CONTACT Jim Bowles, SIOR Lee & Associates (206) 773-2673 jbowles@lee-associates.com
Q1 2023 Pacific Northwest Market Reports
NEW FROM THE MEDIA CENTER… Another Major Tenant In Downtown Tacoma: New Key Office Sublease At 1498 Pacific Avenue 2023 SIOR Investment Broker of the Year: Jim Reed Q3 2023 Pacific Northwest Market Reports 2023 SIOR Broker of the Year Award Finalists Announced
Three Lee & Associates | Pacific Northwest Brokers Named Among ConnectCRE’s 2023 Top Brokers Awards
Lee & Associates’ Principals, Christian Mattson, Billy Moutlrie, and Chris Peterson, have been named among ConnectCRE’s Top Brokers in the Seattle & Northwest Region! MEDIA CONTACT Jim Bowles, SIOR Lee & Associates (206) 773-2673 jbowles@lee-associates.com
2023 Puget Sound Business Journal 40 Under 40 Honoree: Harrison Laird
TACOMA, WA— Harrison’s dual focus on sales and leasing gives him a unique ability to understand the implications of a transaction for all parties involved. In turn he is able to track the market, predict trends and develop effective negotiating strategies and value-add opportunities on behalf of his clients and their real estate portfolios. Working collaboratively with other service lines and professionals within Lee & Associates, Harrison advises his clients on how to formulate sound…
1315 1st Avenue – Seven Seas Building Sold
March 13, 2023 (Seattle, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the disposition of 1315 1st Avenue, also known as Seven Seas Building and formerly known as the Lusty Lady, a 24,880-square-foot building located in Seattle, WA, on behalf of their client Tolias C T Family LLP. 1315 1st Avenue is in the heart of downtown Seattle, one of the most amenity rich areas of the city. This…