Announcements

Full-service logistics and moving company leases space at 88 Industrial Park Road Mechanicsburg, PA (November 17, 2020) – Lee & Associates of Eastern Pennsylvania has brokered a lease with DB USA Logistics Inc. for 59,300 square feet of space within 88 Industrial Park Road, a 194,000 square foot warehouse/industrial building situated in Pennsville, New Jersey. Eric Zahniser and Patrick Lafferty, both Vice President of Lee & Associates of Eastern Pennsylvania represented the tenant.   DB…

November 18, 2020 9:00 AM EST Excellent Location, Strong In-Place Tenancy & Value-Add Component Attracted Wide Market Interest NEWTOWN, PA, November 18, 2020 – Lee & Associates of Eastern Pennsylvania’s Capital Markets team orchestrated the $18.0 million sale of a 101,450 square foot, Class A office building located at 100 Brandywine Boulevard in Newtown, PA. An affiliate of Pembroke IV purchased the building from a client of Washington Capital Management. At the time of sale,…

Two-story building in Camp Hill, PA contains more than 10,000 square feet of space Lee & Associates of Eastern Pennsylvania has been named the exclusive brokerage firm to oversee the sale of 3001 Gettysburg Road, a two-story office building containing 10,367 square feet of commercial office space. Situated on 1.49 acres, the all-brick exterior building is located in the Camp Hill and Lower Allen Township areas of Cumberland County, Pennsylvania. Bradley Swidler, Principal for Lee & Associates of Eastern Pennsylvania…

Portfolio consists of 12 industrial/flex buildings in Langhorne and Trevose Mechanicsburg, PA (August 18, 2020) – The asset management division of Lee & Associates of Eastern Pennsylvania has been selected to provide full-service property management and asset services to a 12-building portfolio consisting of more than 600,000 square feet of industrial/flex space. Owned by The Arden Group, the collection of buildings is situated in Langhorne and Trevose, Pennsylvania, two sub-markets located northeast of the Philadelphia…

Eastern Pennsylvania firm has doubled in size over last 18 months, adding 15 agents to its roster and expanding both capital markets and asset services team PENNSYLVANIA — Lee & Associates, a national full-service commercial real estate firm, continues to attract veteran agents and expand its team in the Eastern Pennsylvania Region as part of an ongoing strategic growth initiative. Over the last two months, Lee & Associates of Eastern Pennsylvania LLC has added three…

Pennsylvania—Lee & Associates, a national full-service commercial real estate firm, adds strategic partner to the firm. Lee & Associates has strengthened its roster yet again with the addition of Lee Fittipaldi as Principal for Industrial services in the Eastern Pennsylvania Region. Fittipaldi not only brings top-notch experience, but also a familiarity to his new teammates. He joins previous coworkers and now Lee & Associates Principals, Kimberly Jacobsen, Brian Knowles and John Van Buskirk in the…

July, 2020 11:00 AM EST Pennsylvania—Lee & Associates, a national full-service commercial real estate firm, released their Philadelphia Region Industrial Market Q2-2020 report covering warehouse and distribution properties in Eastern Pennsylvania, Southern New Jersey and Delaware. According to Lee & Associates, the Philadelphia Region fared well despite the challenges of operating in a COVID environment, exhibiting strong net absorption and reduced vacancy levels despite 4.8 million square feet of new space deliveries. The majority of…

Veteran agent joins the industrial division to spearhead growth along the I-95 & I-295 Corridor. July 6, 2020 09:00 AM EST Pennsylvania—Lee & Associates, a national full-service commercial real estate firm, announces the addition of a new Principal with a focus on the regional Philadelphia industrial market. Tony Rod has joined the brokerage team in order to enhance Lee’s capabilities in the Philadelphia and Southern New Jersey industrial submarkets and beyond. He will continue his…

June 23, 2020 09:00 AM EST Pennsylvania—Lee & Associates, a national full-service commercial real estate firm, recently announced the addition of Kimberly Jacobsen a veteran in the Industrial real estate market. Kim will join as part of the brokerage team in the firm’s Plymouth Meeting office. Her focus will include tenant representation, portfolio strategy, site selection, land development, property acquisition and disposition, as well as, landlord representation of industrial and supply chain oriented real estate…