Industrial real estate in Southern California has become what one might conservatively call a “fast-paced atmosphere.” The presence of multiple offers, sellers pushing up values and buyers continuing to chase deals have made for constantly increasing values and activity. Christopher J. Destino, SIOR, principal at Lee & Associates, spoke to REBusinessOnline about making strategic decisions in this unusual environment. REBusiness: What is the forecast for demand in industrial properties in Southern California? Destino: The future of demand in…
California’s Population Exodus Arrives in Idaho
There has been much anecdotal discussion lately of Californians fleeing high-cost, high-density, high-traffic living for greener pastures, especially as COVID-19 made working from home a possibility for California’s high-tech workforce. This trend is not just a rumor for the residents of Idaho. Idaho is the second-fastest growing state in the nation[1], and Californians make up nearly 46 percent[2] of a new population influx that the state has experienced over the past five years. What is driving…
Office Market Takes Next Steps Toward Recovery
A turbulent 2020 only made the office market stronger, and it’s taking the renewed fortitude and versatility into a recovery of increasing opportunity. CHICAGO — The office market weathered a pandemic-fueled revolution last year, but both owners and tenants responded with impressive adaptability and endurance. Those things bode quite well for the sector’s recovery, according to Tony Russo and Ryan Freed, respectively SVP and VP at Lee & Associates of Illinois. The two discussed the office market outlook to…
Commercial Real Estate Visionary and Founder of Lee & Associates, Bill Lee, Dies at the Age of 78
April 6, 2021 (LOS ANGELES, CA) – It is with sadness that Lee & Associates announces that company founder, Bill Lee, passed away after a long battle with cancer and cancer-related complications last night. He was 78 years old. Bill Lee founded Lee & Associates Commercial Real Estate Services in 1979 in Orange County, CA. The company now has 65 locations across North America and employs over 1,300 people, with a year-end consideration value of over $14B in 2020. “I revisited all of…
Lee & Associates CEO, Jeffrey Rinkov, Named in GlobeSt 2021 Best Bosses
Click Here to View the Award Release on GlobeSt Lee & Associates CEO, Jeffrey Rinkov, SIOR, has been selected as an honoree in the GlobeSt.com/Real Estate Forum Magazine 2021 edition of Best Bosses. JEFFREY M. RINKOV Rinkov practices servant leadership. As the CEO of Lee & Associates, Rinkov oversees 65 offices and leads recruitment, expansion, initiatives and company culture. He is known for strong communication with all employees, from his fellow leaders at the firm…
Lee & Associates Named in GlobeSt 2021 Best Places to Work
GLOBEST 2021 BEST PLACES TO WORK AWARD RELEASE: Lee & Associates Commercial Real Estate Services stands out with its focus on providing employees with the ability to shape the direction of the company, as well as its local offices. The international firm, which offers brokerage, integrated services and construction services, makes a point of encouraging its brokers to become partners, shareholders, owners and leaders. The firm’s reverse-pyramid corporate structure allows for free-flowing communication and collaboration…
Lee & Associates Expands Into Nashville, TN with New Satellite Office
March 24, 2021 (NASHVILLE, TN) – Lee & Associates, a leader in commercial real estate services throughout North America, announces the opening of a new satellite office in Nashville, Tennessee. The office will specialize in industrial, office, investment, and land brokerage, with plans to strategically recruit teams that will grow their capabilities in the market. The Lee & Associates Nashville team of professionals currently includes William Sisk, Brett Wallach, and Chad Matthews. Our Lee & Associates Atlanta office will provide resources and assistance…
Industrial Team Utilized Custom Marketing Strategy to Lease 166,650 SF
OVERVIEW 1707 Blairs Bridge Road Lithia Springs, GA 30122 166,650 SF Industrial Distribution Facility 32′ Clear Height Buyer Representation / Agency Leasing Sourced 2018 Delivered 2020 Leased 2021 For more information regarding this case study, please contact: Billy Snowden, SIOR D (404) 442-2839 Email // Resume Michael Sutter, SIOR D (404) 442-2804 Email // Resume The Client Cabot was formed in 1986 as a nationally diversified real estate development company. In 1990, they…
Lee & Associates Press Coverage: Edition 20
ABOUT LEE & ASSOCIATES Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the…