Media Center

Immaculate 21-Unit in the Heart of Ballard

OVERVIEW 14 tours, 40 signed CA 21-Unit with views of Salmon Bay & Olympic Mountains Sale Price: $4.85M Current Cap Rate: 4.93% Represented Seller & Buyer For more information regarding this case study, please contact: CANDICE CHEVAILLIER, CCIM Principal O (206) 773-2694 cchevaillier@lee-associates.com DANIEL LIM Senior Vice President O (206) 773-2692 dlim@lee-associates.com DEA SUMANTRI Vice President O (206) 773-2680 dsumantri@lee-associates.com SARAH BAGO Associate O (206) 773-2675 sbago@lee-associates.com   The Challenge Our client, a longtime owner…

Fremont Court – Successful Closing Despite Pandemic Headwinds

OVERVIEW True Mixed-Use building with 17 apartments, office, retail and restaurant Quarter Block in Fremont Sale Price: $17,415,000 Loan Assumption For more information regarding this case study, please contact: CANDICE CHEVAILLIER, CCIM Principal O (206) 773-2694 cchevaillier@lee-associates.com DANIEL LIM Senior Vice President O (206) 773-2692 dlim@lee-associates.com DEA SUMANTRI Vice President O (206) 773-2680 dsumantri@lee-associates.com   The Challenge Located at corner of Fremont Avenue and North 34th Street, Fremont Court is an incredibly well-located and uniquely…

Thomas Park Portfolio – The Search for a Deserving Custodian

OVERVIEW Four-building Portfolio in Capitol Hill Sale Price: $16,800,000 ($433 PSF) Strong Current Cap Rate: 3.88% For more information regarding this case study, please contact: CANDICE CHEVAILLIER, CCIM Principal O (206) 773-2694 cchevaillier@lee-associates.com DANIEL LIM Senior Vice President O (206) 773-2692 dlim@lee-associates.com DEA SUMANTRI Vice President O (206) 773-2680 dsumantri@lee-associates.com The Challenge The Thomas Park Portfolio is a four-building portfolio collected over 46 years by a local architect and his family. It had been purchased…

Lee & Associates Negotiates 750,000 SF Industrial & Office Leases for HelloFresh

OVERVIEW Lee & Associates New York City and Lee & Associates Dallas/Fort Worth worked collaboratively to successfully complete transactions for HelloFresh across multiple markets, including Grand Prairie, TX; Dallas, TX; New York, NY; Brooklyn, NY; Boulder, CO; and Swedesboro, NJ. “We are thrilled to be expanding our operational footprint in the Dallas-Fort Worth metro region, a highly effective logistics hub as demonstrated by our existing Grand Prairie distribution center,” said Uwe Voss, CEO of HelloFresh…

ASC & Clinic Sublease; Wrap-Around Lease; 12 Year Term at 40%

OVERVIEW 251 National Harbor Boulevard | Oxon Hills, MD 8,000 SF Tenant Representation Sublease with Wrap Around Lease For more information regarding this case study, please contact: MICHELE KORNBLUTH D (443) 812-5144 Email // Resume   BEN BROOKS D (443) 741-4053 Email // Resume   CHRIS JACOBSON D (952) 800-2374 Email // Resume     The Client Clearway Pain Solutions is a private equity backed provider of multidisciplinary interventional pain management. They operate across nine…

Industrial Developer Acquires Shovel-Ready Land in Ontario, Canada

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…

Growing Logistics Company Answers eCommerce Demand with 17 New Warehouses

OVERVIEW Lee & Associates currently represents Smart Warehousing, a 3PL, in leasing and buying properties for new warehouses Current acquisitions include seventeen (17) warehouses and one (1) office building For more information regarding this case study, please contact: John Sharpe, SIOR, CCIM, LEED-AP D  (773) 355-3030 Email // Resume   Jon Hitchcock D  (913) 888-3222 Email The Client Smart Warehousing is a third-party logistics company based in Kansas City, MO that has become an industry-leading…

Record Single Tenant NNN Sale Price PSF on Development Presale

OVERVIEW 137 Serramonte Center Daly City, CA Class A Retail Building ± 4,500 SF ± 0.52 Acre Site 100% Leased by Verizon Wireless Seller: Petrolink, Inc. Buyer: Pacific Royale, LP For more information regarding this case study, please contact: Jonathan Selznick D  (949) 734-0243 Email // Resume   The Client Platinum Energy is a privately-owned company based in Agoura Hills, CA. Platinum’s Founder and CEO, David Delrahim emigrated from Iran in 1979 with a dream…

San Diego Stays Strong as a Core Market for Industrial Real Estate

OVERVIEW Five (5) Industrial Buildings in San Diego County, CA ± 475,000 SF in Five (5) Buildings Buyer Representation Total Sale Value: $80,000,000 For more information regarding this case study, please contact: Greg Pieratt, SIOR D  (949) 734-0243 Email // Resume The Client Elion Partners is an east coast private investment firm based in Miami. The company has managed more than $2.0 billion in real estate assets since its founding in 2010. Additionally, over the…