OVERVIEW 7400 45th Street Court E | Fife, WA ± 99,260 SF 19.5 Acres Seller (& Lessee) Representation Sale Price: $46,515,015 ($469 / SF) “We were extremely happy with the local market expertise and guidance provided by the Lee & Associates team. From lease availability analyses, to purchase and sale negotiation, introduction to key area legal counsel, and presence during the entire transaction, we could not have asked for more. The Lee team set…
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Rigorous Process Aides in UK Company’s First US Location Selection
OVERVIEW 1600 Tysons Boulevard | McLean, VA ± 20,000 SF Corporate Headquarters 10-Year Lease 20% Net Present Value Savings Over Next-Best Alternative For more information regarding this case study, please contact: KENNETH SALZMAN, SIOR D (212) 776-1227 Email // Resume This assignment was procured through Gerald Eve, who represent Ocado in the UK. When their client expressed their need to expand into the US, Gerald Eve introduced the Ocado management team to Lee &…
Medical Practice Relocation Yields an Income-Producing Asset in Cincinnati, Ohio
OVERVIEW 11001-11039 Montgomery Road | Cincinnati, OH 21,965 SF (Two-Story) Built: 1987 Renovated: 2010 Sale Price: $1,236,700 Buyer Representation For more information regarding this case study, please contact: DAN MCDONALD D (513) 588-1113 Email // Resume The Client Montgomery Family Medicine had outgrown their existing space and wanted to evaluate nearby sites for an expansion of their 40-year-old medical practice. At that time, the physicians expressed an interest in owning – rather than leasing -…
292K SF Single-Tenant Building Updated For Multi-Tenant Office and Industrial
OVERVIEW 4101 Founders Boulevard | Batavia, Ohio Owner: Sentinel Investments 292,000 SF 16.137 Acres Mixed-Use, Multi-Tenant Office and Industrial Year Renovated: 2015 Sale Price: $6,850,000 For more information regarding this case study, please contact: STEWART DEVITT D (513) 588-1115 Email // Resume DAN MCDONALD D (513) 588-1113 Email // Resume JOE GILLIGAN D (513) 899-1312 Email // Resume The Client In May 2014, Sentinel Investments (“Sentinel”), in its capacity as real estate…
Medical Practice Transitions From Leasing Space to Owning a Multi-Tenant Building
OVERVIEW 11001-11039 Montgomery Road | Cincinnati, OH Buyer: The Itis Group, LLC 21,965 SF (Two Story) Retail Property Year Built: 1987 Year Renovated: 2010 Sale Price: $1,236,700 For more information regarding this case study, please contact: DAN MCDONALD D (513) 588-1113 Email // Resume The Client Montgomery Family Medicine had outgrown their existing space and wanted to evaluate nearby sites for an expansion of their 40-year-old medical practice. At that time, the physicians expressed…
Lee Columbus Secures Tenant for 646,000 SF Speculative Industrial Development
Southpark Place, Grove City, Ohio Site Acquisition, Development, Lease Up, and Property Management Two (2) Industrial Distribution Facilities ± 646,000 SF on 41 Acres Landlord Representation “Lee & Associates provides our firm with exceptional experience and knowledge of the market. Their thorough diligence and analysis of market trends plays an invaluable role and has helped us grow our Columbus portfolio. Not only do they add value on the brokerage side, but they also leverage their strong…
Altair: Most Prestigious & Best Located Masterplan in the Inland Empire
Moraga Road, Old Town Temecula, CA Master Planned Community Unimproved, Entitled ± 270 Gross Acres; ± 77 Net Acres 1,750 Max Units 50% Dedicated Open Space Seller Representation Sale Price: $25,200,000
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…