Pittsburgh Expansion Marks the Third Office in the Commonwealth of Pennsylvania April 4, 2023 (PITTSBURGH, PA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of their new Western Pennsylvania office in Pittsburgh. The office will initially specialize in office and industrial leasing and sales, with additional capabilities in debt and equity origination. The office will strategically recruit teams that will expand their capabilities into retail, multifamily,…
Lee & Associates Grows Central California Presence with New Satellite Office in Bakersfield, CA
February 23, 2023 (BAKERSFIELD, CA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a new satellite office in Central California. The office will specialize in industrial, agricultural land, office, and investment brokerage from Bakersfield to Fresno, with plans to strategically recruit teams that will grow its capabilities throughout the region. The Lee & Associates Central California team will be led by Chad Brock and Michael…
Lee & Associates Grows Midwest Presence with Kansas City Expansion
Kansas City Expansion Marks the Fourth New Lee & Associates Office in Three Months January 24, 2023 (KANSAS CITY) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a new office in Kansas City. The office will specialize in office landlord representation, with plans to strategically recruit teams that will grow their capabilities in office tenant representation, retail, and industrial. The Lee & Associates Kansas…
The shoppers have come back with a vengeance: Retail sector enjoys boom year in 2022. And this year looks good, too
REJournals.com Features Lee & Associates Research The lowest vacancy rate in 15 years. That’s the milestone the U.S. retail sector hit in the fourth quarter of 2022, according to the latest research from Lee & Associates. And that’s just the start of the good news from the company’s fourth quarter 2022 retail report. According to Lee & Associates, the retail sector saw 20.7 million square feet of net absorption in the fourth quarter of…
The first NY cannabis licenses have been approved — but these are the 3 obstacles dispensaries still face
Business Insider Features Lee & Associates New York City’s Greg Tannor The first legal dispensary in New York state opened its doors in December, but a commercial-real-estate expert said cannabis-business owners have some hefty obstacles to overcome before they can follow suit. In March 2021, the state of New York legalized recreational marijuana for adults, but it took nearly two years for the Office of Cannabis Management to approve the first 36 business licenses for dispensaries. The…
Lee & Associates Grows Presence in the South with Latest Expansion: Baton Rouge, LA
January 4, 2023 (BATON ROUGE, LA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a new office in Baton Rouge, LA. The office will specialize in industrial, office, land, and retail brokerage, with plans to strategically build a team that will grow their capabilities throughout the southern Louisiana market. The Lee & Associates Baton Rouge team will be led by Evan Scroggs. During the initial start-up period, the…
Lee & Associates Grows Canadian Presence with Latest Expansion: Calgary, Alberta
Calgary Expansion Marks the Third Lee & Associates Office in Canada November 16, 2022 (CALGARY, AB) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of an office in Calgary, Alberta. The office will specialize in industrial, with plans to strategically recruit teams that will grow their capabilities in retail and office. The Lee & Associates Calgary team will be led by Jon C. Mook, SIOR, and…
Industrial and Multifamily Sectors Stay Resilient Amid Economic Headwinds
GlobeSt.com Features Lee & Associates Industrial & Multifamily Research The current economic headwinds have been a cause for alarm in certain sectors. Not so for industrial and multifamily, however. With US industrial vacancy at 4% and multifamily’s pipeline tightening, the data from Lee & Associates’ Q3 2022 Market Report shows both sectors have room for rent growth. It’s a story about fundamentals that point to continued strength, according to Jeff Rinkov, CEO of the broker-owned real estate services firm….
Lee & Associates Nashville, TN Transitions from a Satellite Office to a Freestanding Office
November 9, 2022 (NASHVILLE, TN) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today that their Nashville, TN office has transitioned from a satellite office to a freestanding office, granting them access to Lee & Associates unique capital structure benefits. Lee & Associates Nashville is led by Jim Rodrigues, SIOR, who serves as president. Since the satellite office opening in March of last year, the office has executed an aggressive growth strategy. As…