Northeast winters can be rough on your building’s exterior. Is your property ready for the elements of spring and summer? When spring approaches, you may want to start preparing your building for the conditions these seasons bring. It’s likely there will be something that needs repairs, or there may be improvements you want to make. By keeping up with routine maintenance during seasonal changes, you can save both time and money. Seasonal Property Maintenance Spring and summer bring varying temperatures…
Uncovering Opportunity Zones: 4 Things to Know
There has been a lot of talk about opportunity zones lately and these headlines are catching the eye of many investors eager to tap into this market. As we continue to hear more and more about these new real estate ventures, we want to ensure you know everything you need to about these opportunity zones so you can make a qualified decision on this type of investment. What are Qualified Opportunity Zones? Qualified Opportunity Zones…
Zahniser Joins Lee & Associates of Eastern Pennsylvania As Senior Associate
Fort Washington, Pennsylvania, January 8, 2019 – Eric Zahniser has joined Lee & Associates of Eastern Pennsylvania as the newest member of its dynamic sales team. “Eric brings deep knowledge of corporate real estate transactions, project management and investment analysis to the team. This experience coupled with the relationships he has developed through his involvement in IAMC (Industrial Asset Management Council) will enable him to be a great asset to Lee & Associates,” says Brian…
Lee & Associates of Eastern Pennsylvania: Transaction Update
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…