Lee & Associates Negotiates 335,480 SF Industrial Lease Renewal in Irving

IRVING, TEXAS — Lee & Associates has negotiated a 335,480-square-foot industrial lease renewal at 9400 N. Royal Lane in Irving. According to LoopNet Inc., the rail-served property was built in 2004 and totals 447,400 square feet. Tom Walrich of Lee & Associates represented the tenant, supply chain operator KGP Logistics Co. Mitch Pruitt represented the landlord, Prologis, on an internal

Lee & Associates Negotiates Sale of 60,416 SF R&D Building in Southern California

SIMI VALLEY, CALIF. — Lee & Associates-LA North/Ventura has arranged the sale of a research and development building located at 685 E. Cochran St. in Simi Valley. Albert Halami, a private investor, acquired the asset from 685 Cochran Holdings LLC for $11 million, or $183 per square foot. The seller will continue to occupy a portion of the 60,416-square-foot property for its businesses, which include SensoScientific, under a sale-leaseback arrangement. Other tenants at the fully leased …

Robust Industrial Investment Shows No Signs of Slowing

Real estate buyers spent a record-setting amount of cash in the sector in the third quarter and remain bullish on the properties amid healthy absorption and rent growth. The industrial real estate sector, traditionally known as the land of big, boring boxes, has become the darling of real estate amid the growth of e-commerce. Investors have poured hundreds of billions of dollars into industrial properties over the last five years alone, and not even the prospect of new construction …

Lee & Associates Negotiates 8,500 SF Industrial Lease in Farmers Branch

FARMERS BRANCH, TEXAS — Lee & Associates has negotiated an 8,500-square-foot industrial lease in Farmers Branch, a northern suburb of Dallas. Nathan Denton and Adam Graham of Lee & Associates represented the landlord, IC Industrial REIT, in the lease negotiations. Robert Powell of Powell Realty Advisors represented the tenant, TSI Commercial

Lee & Associates Negotiates 5,600 SF Retail Lease in Manhattan

NEW YORK CITY — Lee & Associates has negotiated a 5,600-square-foot retail lease for restaurant group Quality Branded on the ground floor of 2 Bank Street in Manhattan. Quality Branded owns and manages the Quality Meats, Quality Eats and Quality Italian Steakhouse restaurants. Brad Schwarz and James Ficelman of Lee & Associates represented the landlord in the lease negotiations. Taryn Brandes of Brand Urban represented Quality

Lee & Associates Negotiates Sale of 17,908 SF Retail Building Near San Diego for $6.1M

ESCONDIDO, CALIF. — Lee & Associates – North San Diego County has arranged the sale of a retail asset located in Escondido. Malakooti & Kaikavoosnejad Revocable Trust sold the property to Goodwill Industries of San Diego for $6.1 million. Located at 315 W. Washington Ave., the building features 17,908 square feet of retail space. The property is situated on a 2.1-acre lot adjacent to City Hall and the California Center for the Arts. Michael Golden of Lee & Associates – …

Lee & Associates Secures 92,710 SF Industrial Lease at Park 20/35 in Metro Dallas

LANCASTER, TEXAS — Lee & Associates has negotiated a 92,710-square-foot industrial lease at Park 20/35 in Lancaster, a southern suburb of Dallas. Becky Thompson of Lee & Associates represented the tenant, Motors & Armatures Inc., an HVAC component manufacturer, in the lease negotiations. Kacy Jones, John Hendricks and Trapper Graff of CBRE represented the landlord,

Lee & Associates Arranges Sale of 34,482 SF Industrial Asset in Houston

HOUSTON — Lee & Associates has arranged the sale of a 34,482-square-foot industrial asset located at 10130 W. Gulf Bank Road in Houston. Patrick Wolford of Lee & Associates represented the seller, CDG Properties LLC, in the transaction. Joe MacDougall of MacDougall & Co. Inc. represented the buyer, 10130 West Gulf Bank-2019

Lee & Associates Negotiates 51,288 SF Industrial Lease in McKinney, Texas

MCKINNEY, TEXAS — Lee & Associates has secured a 51,288-square-foot industrial least at 1581 Corporate Drive in McKinney, a northeastern suburb of Dallas. Brett Lewis and George Tanghongs of Lee & Associates represented the landlord, Dalfen Industrial, in the lease negotiations. The tenant was not

Lee & Associates Negotiates Two Office Subleases Totaling 22,000 SF in Manhattan

NEW YORK CITY — Lee & Associates has negotiated two office subleases totaling 22,000 square feet at 40 West 25th Street in Manhattan. Business intelligence software firm Looker Data Sciences signed an11,000-square-foot lease on the seventh floor, and Nonprofit medical technology company Gradian Health Systems also inked an 11,000-square-foot on the sixth floor. The sublessor, meal kit provider HelloFresh, will move its offices to a 43,000-square-foot space at 28 Liberty Street. Stephen …