OVERVIEW Buyer Representation Approximately 35.15 Acres Zoning: General Employment, Industrial Direct Exposure to QEW Highway Sale Price: $56,350,000 For more information regarding this case study, please contact: Chris Wigle, MBA D (416) 628-4648 Email // Resume Mark Cascagnette, SIOR D (416) 619-4400 Email // Resume Luis Almeida, SIOR D (416) 628-8151 Email // Resume The Client Anatolia Capital Corp (ACC) is the real estate division of Anatolia Group Inc. Its business activities include…
With Vendor Applicants Raring To Go, NYC’s Cannabis Leasing Market Hits Breakneck Pace
Bisnow.com Features Lee & Associates New York City’s Greg Tannor and Jessica Gerstein After more than a year of build-up, vendor license applications awarded by New York State’s Office of Cannabis Management are slated to open at some point in the next 30 to 90 days. As the dawn of NYC’s formal cannabis retail market edges closer, aspiring vendors have accelerated their searches for available retail space and are signing lease agreements with a range of different conditions, experts in…
Rising Interest Rates, Inflation Lead Investors to Reassess Which CRE Assets to Pursue
WealthManagement.com Features Lee & Associates New York City’s Ben Tapper Rising interest rates, inflation and fears of a recession are starting to change the calculations of how to get the best returns for commercial real estate investors. Should they continue to favor multifamily and industrial assets, which have served them well through the pandemic disruption? Or switch to higher risk, but higher yield investments? It looks like the best approach might be combining the…
Seeing Green: Cannabis Can Fill Vacancies, Boost Property Values, But Deals Are Hard To Do
Bisnow.com Features Lee & Associates New York City’s Greg Tannor The cannabis industry touches almost every commercial real estate asset class, from industrial to retail to office and flex. Despite its many obstacles, a fervent desire by developers to capitalize on the emerging industry is translating to increased demand for space. A 2021 survey by the National Association of Retailers found that in states where recreational or medicinal marijuana is legal, 36% of members…
The Medical Office Sector Continues to Hold Steady
WealthManagement.com Features Lee & Associates Twin Cities’s Susan Wilson and Chris Jacobson The medical office sector couldn’t be in better shape despite fears of the impact from telemedicine and given the demand for health care, the industry should be robust over the next 12 months, according to analysts. A segment known for its stability and resistance to recessions set record highs for asking rents in 2021 as vacancies decreased–a trend expected through the next…
Lee & Associates Grows Southern California Presence with Downtown Los Angeles Expansion
June 6, 2022 (LOS ANGELES, CA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a new office in Downtown Los Angeles. The office will specialize in industrial, office, and investment brokerage, with plans to strategically recruit teams that will grow their capabilities in multifamily and retail. Lee & Associates Los Angeles – Downtown will be led by Jack R. Cline, Jr. as President. The team consists of thirteen…
Lee & Associates President, Al Apuzzo, Named in GlobeSt 2022 Best Bosses
Click Here to View the Award Release on GlobeSt Lee & Associates North San Diego County President, Al Apuzzo, has been selected as an honoree in the GlobeSt.com/Real Estate Forum Magazine 2022 edition of Best Bosses. AL APUZZO Al Apuzzo is known for his encouraging and celebratory spirit and is often heard saying “go team” throughout the office. Apuzzo is president and managing broker of Lee & Associates’ North San Diego County office, where he…
Lee & Associates Grows Northern California Presence with San Francisco, CA Expansion
March 7, 2022 (SAN FRANCISCO, CA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a San Francisco location. The office will specialize in office landlord agency, bio/life science tenant representation, and NNN sales, with plans to strategically recruit teams to grow their multifamily capabilities in the San Francisco and surrounding markets. The Lee & Associates San Francisco team will be led by Jeff Moeller, a…
Lee & Associates Grows Midwest Presence with Omaha, NE Expansion
March 1, 2022 (OMAHA, NE) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of an office in Omaha, Nebraska. The office will specialize in retail, office, investment sales, and land sales with a focus on the Omaha and Lincoln markets. The Lee & Associates Omaha team will be led by Co-Managing Principals Daniel Dutton and Daniel Goaley. Their team consists of seven brokerage professionals, including Scott…