January 5, 2021 (SEATTLE, WA) – Lee & Associates on Monday opened an office in Bellevue under a new partnership with another commercial real estate company, AGM Inc. The move boosts Lee’s roster to more than 35 members in three offices. For Jim Bowles, Lee’s president of Northwest operations, and AGM cofounder Troy Gessel, it’s a reunion. Bowles hired Gessel 33 years ago when he built Northwest operations for Colliers International. Troy and Elizabeth Gessel launched AGM 10 years…
Case Study – The Walsh Building
OVERVIEW Ballard Neighborhood, Seattle, WA Commercial / Retail ± 4,465 SF Total Seller Representation Sale Price: $1,125,000 ($252 PSF) “Amanda & Richard did an excellent job helping us sell our building. They marketed it well, communicated regularly, negotiated effectively and pushed to close on schedule. The transaction was smooth from start to finish despite the onset of COVID during the transaction. We would recommend them to any property owner looking to sell.” – Walsh…
LEE & ASSOCIATES REPRESENTS ELION PARTNERS IN $23.1M ACQUISITION
November 24, 2020 (Seattle, WA) – Lee & Associates Commercial Real Estate Services is pleased to announce the acquisition of the 113,000 square foot Intracorp Building, located on Hardeson Road in Everett, by our client, Elion Partners. The $23.1 million dollar acquisition represents the first in Elion’s planned expansion into the Greater Seattle industrial market, led by James Lambert (Sr. Managing Director of Industrial Investments). The Class A multi-tenant building is fully leased and strategically…
Women in Real Estate 2020: Lee & Associates’ Candice Chevaillier Spearheads Multifamily Growth
SEATTLE, WA— Earlier this year Candice Chevaillier, CCIM, was one of five veteran multifamily brokers who joined Lee & Associates Commercial Real Estate Service to launch a new Northwest Multifamily Team in Seattle. Chevaillier brought 16 years of commercial real estate investment sales experience in the Seattle market to her role as Principal of Lee & Associates Pacific Northwest, Seattle. She is charged with spearheading the growth of the firm’s multifamily practice. A key focus of the…
Case Study – Halladay Apartments
Key Deal Points 2214 W Halladay St, Seattle WA 98199 Luxury 4-unit apartment complex with penthouse No negotiation after mutual acceptance All Cash buyer “I hired Candice Chevaillier to sell my high-end fourplex. She had sold it to me years before and during my ownership I significantly upgraded the property. As an interior designer with a discerning eye, I wanted to ensure that my property was shown in the very best light. Candice welcomed my choosing…
Case Study – Gladstone Apartments
Key Deal Points 12315 28th Ave NE, Seattle, WA 98125 32-unit apartment complex Sold in 38 days from mutual acceptance All Cash buyer “We had a great experience handing over listing responsibilities of our 32-unit Seattle apartment complex to Lee & Associates. This was a family-owned apartment for a generation, and we had no experience selling a commercial building. Our team guided us through the process and took care of most of the legwork involved….
2020 Next Generation Honoree: Lee & Associates’ Robert Meunier a Critical Asset in Complex Lending Environment
SEATTLE, WA— Robert Meunier joined Lee & Associates Commercial Real Estate Services earlier this summer as the brokerage firm continued to expand its Northwest Multifamily Team. The Seattle-based Vice President came over from commercial real estate mortgage banking company, DSC Capital. Meunier’s more than 10-year background in multifamily financing has and will be a critical asset to the Lee & Associates Seattle team as it helps clients navigate an increasingly complex and changing lending environment…
LEE & ASSOCIATES NORTHWEST CONTINUES RAPID GROWTH WITH LAUNCH OF NEW INVESTMENT DIVISION
September 01, 2020 (SEATTLE, WA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today the addition of four new brokerage agents to lead the firm’s Northwest investment division. The team will consist of Stuart Williams, Adrienne Hunter, Alex Muir, and Elizabeth Schalka, all formerly of both JLL and more recently of Kinzer Partners. Williams, a well-known investment market expert, will lead the new Northwest investment division, which will…
UpClose With Lee & Associates’ Candice Chevaillier
SEATTLE— Covid was certainly not in any of Lee & Associates’ business plans, but as investment brokers, the firm has the opportunity to seek out clients that need help, and in times like this, having a trusted advisor has never been more critical. That is according to Candice Chevaillier, a principal at the firm, and one of this year’s leading women in multifamily brokerage. According to Chevaillier–who brings 16 years of commercial real estate investment…
How Long Can COVID Impact the Multifamily Market?
SEATTLE— It’s a peculiar economic time. COVID-19 seemed to be receding, then it started to flare back, continuing to put a damper on the overall economy while commercial real estate investors pace with capital to disperse. According to Seattle-based Candice Chevaillier, principal of Lee & Associates Northwest’s multifamily team, and Don Flanigan, a SVP at Lee, the industry wants to roar back. “We didn’t break this,” says Flanigan. “The system was in place and functioning very well, everything considered….