LEE & ASSOCIATES GROWS NORTHEAST PRESENCE WITH LATEST EXPANSION: WESTERN PENNSYLVANIA


Pittsburgh Expansion Marks the Third Office in the Commonwealth of Pennsylvania

April 4, 2023 (PITTSBURGH, PA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of their new Western Pennsylvania office in Pittsburgh. The office will initially specialize in office and industrial leasing and sales, with additional capabilities in debt and equity origination. The office will strategically recruit teams that will expand their capabilities into retail, multifamily, and investment sales, as well as add bandwidth across the board.

Left to Right: Amy Broadhurst, Caroline Muse

The Lee & Associates Western Pennsylvania team will be led by Amy Broadhurst, SIOR, CCIM as President and Principal, and will include Caroline Muse as a Senior Associate.

“Lee & Associates' focus continues to be enhanced client services, and we are always looking for markets that we can expand into to better serve our clients,” said Jeffrey Rinkov, CEO of Lee & Associates. "Our expansion into the Pittsburgh market is an excellent representation of our roadmap for continued growth. We see the region as very strategic, and feel that with Amy we have identified in the right leader to grow our presence.”

Broadhurst, a 15-year CRE industry veteran, brings key leasing and sales capabilities across industrial, flex, and office asset classes, with transactional experience on behalf of both occupiers and owners. A Past President of SIOR’s Western Pennsylvania chapter, she remains active with SIOR as well as multiple non-profits throughout the Pittsburgh region, including the Pittsburgh Downtown Partnership, the United Way, Children’s Hospital, Congenital Cardiac Research Collaborative, and Connecting Champions.

“Lee & Associates is exactly what I was looking for; they provide brokers with the unique combination of a rapidly expanding national platform, a flexible operating environment, strong resource set, enviable splits, and an ownership opportunity to boot,” said Broadhurst. "I was impressed with the brokerage talent that Lee & Associates has attracted across North America, their commitment to research excellence, and the deeply rooted entrepreneurial spirit that permeates the organization.”

Operations for the new Western Pennsylvania office will be closely linked to existing operations in the Lee & Associates Eastern Pennsylvania office that was launched in 2015 by Founding Principals John Van Buskirk, SIOR and Brian Knowles, SIOR, CCIM.

“Our vision is a dynamic, statewide enterprise with strong market leaders in each Pennsylvania office, anchored by shared management and back of house resources,” said Van Buskirk. “Under Amy’s leadership we are confident that the Lee & Associates footprint in Pittsburgh will quickly grow and reach its potential.”

Broadhurst will quickly focus on securing office space and begin the process of finding the right support team, noting that “we feel it’s essential that we be in a position to provide brokers with a fast start opportunity. Fortunately, the company is well capitalized and we’re in a position to make those commitments ahead of revenue.”

Lee & Associates has established an emphasis on expansion. New office locations in the last five years include Central CaliforniaKansas City, KSBaton Rouge, LACalgary, ABNashville, TNLos Angeles – Downtown, CASan Francisco, CAOmaha, NENaples, FLWashington, DCBoston, MAToronto, ONCincinnati, OHRaleigh, NCMiami, FL; and Seattle, WA.