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OVERVIEW 160 North 12th Street | Brooklyn, NY 64 Keys, Boutique Hotel ± 25,059 SF Total Seller Representation Sale Price: $22,000,000 ($878 PSF) For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume   The Client The client was a national private equity fund, in the final disposition of a portfolio sale of hospitality properties located throughout New York City. The Challenge Far from a traditional limited service…

OVERVIEW Railroad Avenue | Florence Township, NJ 30.82 Acres Fully Approved for Industrial Development at Closing Approved Building Size: 300,700 SF Seller Representation For more information regarding this case study, please contact: BOB YOSHIMURA D  (610) 601-8504 Email // Resume   JOSEPH HILL D  (610) 601-8502 Email // Resume   ERIC MATTSON D  (610) 601-8503 Email // Resume   The Client Foxdale Properties is a privately held commercial real estate company based out of Pasadena,…

May 26, 2020 (NAPLES, FL) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a Naples, Florida location. The office will specialize in multifamily, retail, office, and industrial brokerage. Lee & Associates Naples will be led by Bill Young, Biagio Bernardo, and Brock Rasmussen. Their team consists of seven brokerage professionals, including Jeffrey Buckler, SIOR; Michael Mahan; Thomas Webb, CCIM, MSRE; and James Walls. In addition to their transactional agents, the team will also include Claire…

May 19, 2020 (WASHINGTON, DC) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today that their Washington, DC office has transitioned from a satellite office to a freestanding office, granting them access to Lee & associates unique capital structure benefits. Lee & Associates Washington, DC is led by Josh Simon, who opened the satellite office in July of last year. Since the opening ten months ago, his office…

OVERVIEW 1440 Amsterdam Avenue | New York, NY ± 12,500 SF Lot Totaling 85,000 SF Buildable SF Seller Representation Structured Sale with Seller Getting Retail Condo/ Community Facility Upon Completion Sale Price: $7,900,000 For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume The Client The client was a generational family office based in Queen. The family had traditionally owned multifamily assets and was not a ground up…

OVERVIEW 145 Henry Street and 15-19 Wyckoff Street | Brooklyn, NY 83-Unit Value Add Multifamily Henry Street: 43-Unit Elevator Building Wyckoff Street: 40-Unit Walk-Up Building ~33% Rent Regulated ± 66,500 SF Total Seller Representation Approximate In-Place Cap Rate of 3.2% Sale Price: $36,650,000 ($550/SF) For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume The Client The client was a second-generation owner/operator who wanted to retire and get…

OVERVIEW 1622-1632 York Avenue | New York, NY ± 75,000 SF Development Site (Senior Housing) Buyer Representation Sale Price: $46,500,000 For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume The Client Engel Burman Group, a local developer and senior housing operator, alongside institutional capital partner, Harrison St Real Estate Capital. The Challenge Due to the specific programming, unit sizes, and zoning constraints; the client had provided us…

OVERVIEW 308 West 82nd Street | New York, NY 49 Unity Multifamily Asset ~30% Rent Regulated ± 25,000 SF Seller Representation Sale Price: $18,650,000 ($746/SF) For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume The Client Lee & Associates NYC represented the seller, a high net worth individual with global holdings, who sought liquidity in a turbulent real estate market. The Challenge This assignment was one of…

April 30, 2020 (BOSTON, MA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a Boston, Massachusetts location. The office will specialize in tenant representation for office, life sciences, industrial, and retail clients, with plans to strategically recruit teams that will grow their agency and capital markets capabilities in Boston and the larger New England market. Lee & Associates Boston will be led by Eric Solem, Ty…