NEWS

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…

Exceptional Location & Development Potential Attracted Wide Market Interest FLORENCE TOWNSHIP, NJ, May 12, 2020 – Lee & Associates of Eastern Pennsylvania’s Capital Markets team orchestrated the $14.75 million sale of a 30.8-acre site located on Railroad Avenue in Florence Township, Burlington County, NJ. Black Creek Group purchased the land, which consisted of two (2) separate parcels, from Foxdale Properties. At the time of sale, the site was fully approved for the construction of a…

[Updated August 18, 2021] If you own a commercial property and want to expand or you need capital to invest in your business, you may want to consider a sale-leaseback. A sale-leaseback occurs when a property owner sells a property but continues operating it by leasing the property back from the new owner. A sale-leaseback deal can offer advantages to both the seller and the buyer, or the lessee and the lessor, respectively. If you are a seller, you can enjoy the following sale-leaseback benefits. 1. Access to Capital As the seller,…

Pennsylvania – April 15, 2020 – Lee & Associates, a national full-service commercial real estate brokerage firm, recently announced the promotion of Ed Skonecki to Principal of the Eastern Pennsylvania office. “Ed has had an exceptional work ethic from the start of this tenure with our firm and the success of his clients’ business is a testament to the dedication of his efforts,” stated Joel Kreider, Broker of Record at Lee & Associates of Eastern…