TRANSACTION UPDATE Lee & Associates of Eastern Pennsylvania Principal, Joel Kreider, SIOR, represented Sunbelt Rentals, Inc. in their 9,000 square foot build-to-suit lease in Neville Township, PA. Sunbelt is one of the largest equipment rental companies in North America with over 800 locations. Their newest location will serve the greater Pittsburgh area. For more information, please contact Megan Murray at 717.208.8675, email mmurray@lee-associates.com or visit the Lee & Associates of Eastern Pennsylvania website at www.lee-associates.com/pennsylvania. ##…
Lee & Associates of Eastern Pennsylvania: Transaction Update
TRANSACTION UPDATE | 12-3-18 Lee & Associates of Eastern Pennsylvania co-brokered the lease of Building 100 in the Hamburg Logistics Park, a 128,100-square-foot industrial building in Hamburg, PA. Brian Knowles, SIOR, CCIM, of Lee & Associates, represented the tenant. Lee & Associates of Eastern Pennsylvania represented Endurance Real Estate Group in the lease of the remaining 318,872-square-foot warehouse space at 485DC in Shiremanstown, PA. Joel Kreider, SIOR, Ed Skonecki and John Van Buskirk, SIOR, of Lee & Associates represented…
Lee & Associates Expands into North Carolina
FOR IMMEDIATE RELEASE Contact Mike Trainor S&A Communications mtrainor@sacommunications.com 919-377-9571 Lee & Associates Expands into North Carolina RALEIGH, North Carolina, November 20, 2018 —Lee & Associates, the largest broker-owned commercial real estate firm in North America, has announced the opening of its first office in the state of North Carolina. Lee & Associates Raleigh Durham will be headed by Moss Withers, SIOR, MBA and Karah Jennings, veterans of the Southeast and North Carolina commercial real estate markets. “As we remain…
Is Your Business Ready for Winter? It’s Right Around the Corner!
Given the summer we have had this could be a winter for the ages! NOW is the time to take ACTION. • Mid-September — Request Bids from Snow Removal Contractors – Consider a 3-year contract, service levels & pricing are normally better – Cheaper isn’t always better! – Do they have the right equipment to handle your property? – Can they get you open in time to serve your customers? – How will they protect your curbs and…
Lee & Associates of Eastern Pennsylvania Appoints Bill Shrader as Vice President.
Mechanicsburg, Pennsylvania, September 12, 2018 – Lee & Associates of Eastern Pennsylvania has appointed Bill Shrader as Vice President. Bill brings 20+ years of experience in site selection, evaluation and development to Lee & Associates and their client base. “Bill has a proven track record of success as Vice President of Real Estate for Ahold USA and we’re excited he’s joined the team,” said John Van Buskirk, SIOR, Principal, and Broker of Record. “His background…
Top Factors in Buying vs Leasing Real Estate
Buying Leasing + + Equity and Asset Appreciation Potential for Rental Income Control/Ability to Modify the Building Lower Long-Term Operating Costs Collateral for Business Development Reduced Upfront Occupancy Cost Potential to Expand & Contract Simplify Budgeting Opportunity to Finance Improvements in Lease Protect Against Market Value Losses – – Closing Costs on Aquisition & Disposition Capital Improvements (roof, parking lots, etc.) Zero Residual Value at Lease Termination Uncertainty at End of Lease Term You…
Lease Announcement
Lee & Associates and Endurance are pleased to announce the signing of a new 137,938 square foot lease at the 485 Distribution Center in Camp Hill, PA . An affiliate of Endurance Real Estate Group, LLC and CenterSquare Investment Management (“Endurance”) is pleased to announce the signing of a new 137,938 square foot lease at the 485 Distribution Center (“485DC”) in Camp Hill, PA to a major national third-party logistics provider (3PL). Lee &…
Lee & Associates adds Miami to its national office roster, giving the largest broker-owned CRE firm in North America its third Florida location.
Lee & Associates Opens New Office in Miami The Miami office will give Lee & Associates its third office in Florida August 08, 2018 08:30 AM Eastern Daylight Time MIAMI–(BUSINESS WIRE)–Lee & Associates has added Miami to its national office roster, giving the largest broker-owned commercial real estate firm in North America its third office in Florida. The Miami office, which is located at 7925 NW 12th Street in Miami, will be headed by veteran…
Philadelphia Region Construction Design Trends
Philadelphia Region Construction Design Trends The numbers above are based on buildings 100,000 SF and up. The information contained in this graphic has been obtained from sources deemed reliable, but no warranty is made as to the accuracy thereof. Certain information is forward-looking in nature and represents estimates of development timing and design, all of which are subject to change. All information is submitted subject to error and omission, as well as a change in…