Lee & Associates Charlotte Transitions from a Satellite Office to a Freestanding Office
New Standing Allows Office to Access Unique Capital Structure
July 16, 2024 (CHARLOTTE, NC) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced today that their Charlotte, NC office has transitioned from a satellite office to a freestanding office, granting them access to Lee & Associates unique capital structure benefits.
Lee & Associates Charlotte is led by Greg Pieratt, SIOR, who serves as president. Since the satellite office opened in March of this year, the office has executed an aggressive growth strategy. As a result, their team has grown to 15 professionals, and they are actively recruiting professionals in the following disciplines for both landlord agency and tenant representation: retail, industrial, investment and capital markets, land, office, and medical office.
"I am incredibly proud of our rapid progress. In just four months, we have grown from a one-person satellite office to a 15-person, fully functioning brokerage firm. We have successfully established a healthy and vibrant office culture, which was one of our key goals. The swift growth of the Lee & Associates Charlotte office highlights the strong demand for our broker-owned platform, the excellent brand awareness from our neighboring Lee & Associates offices, and the hard work and collaboration of many individuals,” said Pieratt. “Having had a rewarding 20-year career with Lee & Associates in San Diego, the opportunity to bring what I believe is the industry's best brokerage platform to the Carolinas' booming market was irresistible. The significant migration to the Carolinas is driving economic development and commercial real estate growth across all asset classes, perfectly aligning with our business plan.”
The structure of Lee & Associates is unique in that it is entirely debt-free. Over our 45-year history, the capital deployed during the opening of new offices is raised in advance by Lee & Associates principals across North America. As shareholders of the company this separates us from our competition and creates one common goal; to provide seamless, consistent execution and value-driven market-to-market services to our clients.
"Our expansion into the Charlotte market is a great example of the importance and emphasis we place on the Southeast region. While Charlotte is a large, dynamic, and opportunity-filled market, I am truly enthusiastic and excited about our leadership and the large founding group," said Lee & Associates CEO, Jeffrey Rinkov, SIOR. "Greg has a long history of success with one of our most productive Southern California offices. We are grateful for his election to move his talents, energy, expertise, and, most importantly, his family to lead our Charlotte presence. He has an intimate understanding of our platform and is making great strides with clients and talented professionals in the region. The support from Moss Withers and our Raleigh-Durham office, along with our South Carolina, Tennessee, Florida, and Georgia leadership, has been an outstanding testament to the culture at Lee & Associates."
Lee & Associates has established an emphasis on expansion. New office locations in the last five years include Tampa Bay, FL; Lafayette, LA; Lincoln, NE; Western Pennsylvania; Central California; Kansas City, KS; Baton Rouge, LA; Calgary, AB; Nashville, TN; Los Angeles – Downtown, CA; San Francisco, CA; Omaha, NE; Naples, FL; Washington, DC; Boston, MA; and Toronto, ON.
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 North America. 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 latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.
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MEDIA CONTACT
Pamela Murphy Indihar
Lee & Associates
(818) 743-0488
pmurphy@lee-associates.com