Media Center

While there appears to be a trend among NW’s industrial & institutional investors in less populated submarkets in the major northwestern markets of Seattle and Tacoma,  Vanessa Herzog of Lee & Associates Seattle has seen it before and believes the trend has another two years left. Read about it here in an exclusive with Globest.com      

The annual Cactus League in metro Phoenix not only provides some nice major league preseason baseball for the local fans, but is a prime business driver that gives local businesses the opportunity to entertain the clients and land some deals.    

Reed Parker, a principal in Lee & Associates’ DFW office, negotiated the 68,645 feet of industrial space at 4300 Diplomacy Road in Fort Worth, just south of the Dallas-Fort Worth (DFW) International Airport. Parker represented Green Planet 21.  

Principal Brandon Carrillo of Lee & Associates Long Beach discusses the impact of Cannabis legalization in California and its impact on B and C-class industrial property. Read the article here http://bit.ly/2tNzhec      

  Peter Braus, managing principal of Lee & Associates NYC comments on why he believes retail is booming in the outer boroughs. Read more here http://nyp.st/2BZUjOf      

  Lee & Associates Arizona announced that the Fincham Dempsey Team arranged the sale of the 54,430-square-foot Pueblo Point Shopping Center for $11,000,000. Lee & Associate Principals Jan Fincham and Patrick Dempsey, along with associate Andrew Lundahl, facilitated the transaction on behalf of the seller, Arneil Pueblo, LLC., and the buyer, Paradise Valley Ventures, LLC. Located at 13801 N. Tatum Boulevard, the 5.46-acre shopping center includes Smart & Final Extra Grocery store, Domino’s Pizza, The UPS…

EPIC Management and Beaver Medical Group is nearly doubling its footprint in the Inland Empire. It signed a long-term lease for a three-story office building encompassing 44,357 square feet in the Sundance Corporate Center in Beaumont, CA. It will include an urgent care center with expanded hours and services, laboratory services and radiology/imaging services. Beaver Medical Group also plans to build a 36,000-square-foot, state-of-the-art facility on Sun Lakes Boulevard, near The Lakes Assisted Living and…

Mitchell Salmon is now an executive managing director with the retail and office leasing teams at Lee & Associates NYC. “Mitch’s extensive experience encompasses landlord and tenant representation, commercial sales and leasing and property acquisition,” said Joel Herskowitz, chief operating officer of Lee NYC. Prior to joining Lee NYC, Salmon was managing director at Garrison Investment Group, where he developed strategic plans for the private equity firm’s national retail platform and grew the retail platform…

Marley Welsh of Lee & Associates Chesapeake Region handled the site selection process on behalf of the tenant.