NEW FROM THE MEDIA CENTER… Historic 1102 Broadway Achieves Full Occupancy as Tacoma Office Market Strengthens DAEDONG-USA SIGNS LEASE FOR 149,340 SF WAREHOUSE IN TUMWATER Q3 2024 Retail Market Report Q3 2024 Office Market Report
Three Lee & Associates | Pacific Northwest Brokers Named Among ConnectCRE’s 2023 Top Brokers Awards
Lee & Associates’ Principals, Christian Mattson, Billy Moutlrie, and Chris Peterson, have been named among ConnectCRE’s Top Brokers in the Seattle & Northwest Region! MEDIA CONTACT Jim Bowles, SIOR Lee & Associates (206) 773-2673 jbowles@lee-associates.com
2023 Puget Sound Business Journal 40 Under 40 Honoree: Harrison Laird
TACOMA, WA— Harrison’s dual focus on sales and leasing gives him a unique ability to understand the implications of a transaction for all parties involved. In turn he is able to track the market, predict trends and develop effective negotiating strategies and value-add opportunities on behalf of his clients and their real estate portfolios. Working collaboratively with other service lines and professionals within Lee & Associates, Harrison advises his clients on how to formulate sound…
1315 1st Avenue – Seven Seas Building Sold
March 13, 2023 (Seattle, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the disposition of 1315 1st Avenue, also known as Seven Seas Building and formerly known as the Lusty Lady, a 24,880-square-foot building located in Seattle, WA, on behalf of their client Tolias C T Family LLP. 1315 1st Avenue is in the heart of downtown Seattle, one of the most amenity rich areas of the city. This…
55+ Apartment Community in Spokane Sells for $10.15M
December 7, 2022 (Bellevue, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the acquisition of The Whispering Pines Apartments, a 31-unit apartment complex located in Spokane, WA, on behalf of their client 7 Lakes Development. The Whispering Pines Apartments, located on East Sprague Avenue in Spokane, sold for $10,150,000. The 55+ age-restricted complex hit the market in August for the first time since its development in 2016. The gated…
Lee & Associates’ Philanthropic Arm Rallies to Support Victims of Hurricane Ian
November 3, 2022 (Bellevue, WA) – Lee & Associates Commercial Real Estate Services, the largest broker-owned commercial real estate firm in North America, responded to the urgent needs of Hurricane Ian victims by rallying its network to solicit both financial donations and human capital support to assist with clean-up and rebuild operations. The effort was organized through the company’s nationwide CompassionateLEE program, which regularly provides assistance to important causes of this nature, including providing donations,…
Tacoma Rhodes Center Adds Four More Tenants in 17,000+ SF, Near Full Lease-Up
October 24, 2022 (Bellevue, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered four new leases totaling over 17,000 SF at the Tacoma Rhodes Center. The newest tenants to the building, Maxim Healthcare Services, Mindful Support Services, ES Technologies, and CU Strategic Planning will all occupy the building immediately following their respective buildouts. Eight new tenants have signed leases at Tacoma Rhodes Center in 2022 alone, accounting for over 42,000…
Capitol Hill 4-Building Portfolio Sells for $16.8M
October 18, 2022 (Seattle, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the sale of a 4-building portfolio located in the Capitol Hill neighborhood of Seattle, Washington to 206 Property Management on behalf of their client, The Weisenbach Properties. The Thomas Park Portfolio, located within the desirable Capitol Hill Summit Ave corridor and just next to Thomas Park, sold for $16,800,000. Meticulously well-cared for over the past 46 years,…
Industrial developers look south for more land
October 11, 2022 – Thanks to the region’s Seattle and Tacoma ports, the Puget Sound industrial market is one of the hottest in the country with lease rates that regularly rank among the most expensive. For example, in August lease rates at regional industrial properties were $9.14 per square foot, which is up 5.8% year-over-year and is the fourth highest in the country. The rates are even in higher in Seattle proper, where prices range from…
Downtown Fremont Office/Lab Building Sold to Owner-User
September 29, 2022 (Seattle, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the disposition of the 454 Building located in Seattle, Washington to 454 Viking, LLC, on behalf of their client, Gordon 454 LLC. The 454 Building, located in the Fremont neighborhood of Seattle on N 34th Street, sold for $5,400,000 to an Owner/User at asking price. CBRE assisted the Buyer in this transaction, who secured SBA financing. “The…