Lee & Associates Archives - REBusinessOnline

Aircool AC Parts Supply Signs 17,213 SF Industrial Lease in Carrollton, Texas

Taylor Williams — Mon, 05 Jan 2026 16:38:19 +0000

CARROLLTON, TEXAS — Aircool AC Parts Supply has signed a 17,213-square-foot industrial lease in the northern Dallas metro of Carrollton. According to LoopNet Inc., the building at 1705 Wallace Drive was completed in 2001 and totals 138,600 square feet. Corbin Blount and Baron Johnson of Lee & Associates represented the tenant in the lease negotiations. Mac Hall and Sarah Ozanne of Stream Realty Partners represented the landlord.

The post Aircool AC Parts Supply Signs 17,213 SF Industrial Lease in Carrollton, Texas appeared first on REBusinessOnline.

Wealth Partners Alliance Signs 9,763 SF Office Lease Renewal, Expansion in North Dallas

Taylor Williams — Tue, 23 Dec 2025 15:32:16 +0000

DALLAS — Wealth Partners Alliance has signed a 9,673-square-foot office lease renewal and expansion in North Dallas. According to LoopNet Inc., the building at 12240 Inwood Road was built in 1982 and totals 34,663 square feet. Nathan Denton of Lee & Associates represented the tenant in the lease negotiations. Sean Dalton of Younger Partners represented the landlord.

The post Wealth Partners Alliance Signs 9,763 SF Office Lease Renewal, Expansion in North Dallas appeared first on REBusinessOnline.

Lee & Associates of Illinois Launches New Healthcare Real Estate Division

Kristin Harlow — Fri, 19 Dec 2025 14:00:19 +0000

ROSEMONT, ILL. — Lee & Associates of Illinois has expanded its Chicago-area office brokerage group with the launch of a dedicated healthcare real estate division. The firm has welcomed three professionals — Principals Peter Cangialosi and Doug Pauly, and Associate Austin York — who bring more than 35 years of combined experience representing healthcare providers, investors and property owners across the Midwest. The team was most recently at Oak Brook, Ill.-based Joseph Rossi & Associates Inc. Lee & Associates of Illinois’ new healthcare division provides comprehensive brokerage and advisory services, including tenant and landlord representation, investment sales, site selection and acquisition support.

The post Lee & Associates of Illinois Launches New Healthcare Real Estate Division appeared first on REBusinessOnline.

Avison Young Brokers Sale of 53,673 SF Office Building in Addison, Texas

Taylor Williams — Mon, 08 Dec 2025 15:47:54 +0000

ADDISON, TEXAS — Avison Young has brokered the sale of Midway Office Park, a 53,673-square-foot office building located in the northern Dallas metro of Addison. Built on 2.7 acres in 1977 and renovated in 1998, the building was roughly 40 percent leased at the time of sale. Bruce Butler, Susan Gwin Burks and John Bowles of Avison Young represented the seller in the transaction. Taylor Stell of Lee & Associates represented the buyer, Urban Infraconstruction, which also plans to occupy a portion of the building.

The post Avison Young Brokers Sale of 53,673 SF Office Building in Addison, Texas appeared first on REBusinessOnline.

Lee & Associates Negotiates 27,149 SF Industrial Lease Renewal in Morton Grove, Illinois

Kristin Harlow — Mon, 17 Nov 2025 14:28:57 +0000

MORTON GROVE, ILL. — Lee & Associates of Illinois has negotiated an industrial lease renewal for a 27,149-square-foot building located at 8250 N. Austin Ave. in Morton Grove. Brad Simousek of Lee & Associates represented the tenant, Jerry’s Fruit & Garden Center Inc. The landlord, Clear Height Properties, was self-represented.

The post Lee & Associates Negotiates 27,149 SF Industrial Lease Renewal in Morton Grove, Illinois appeared first on REBusinessOnline.

Colliers Negotiates 45,700 SF Industrial Lease in East Houston

Taylor Williams — Fri, 14 Nov 2025 15:40:13 +0000

HOUSTON — Colliers has negotiated a 45,700-square-foot industrial lease in East Houston. The tenant is Peace Global Logistics, and the space is located within the single-tenant building at 15135 Jacintoport Blvd., which according to LoopNet Inc. was built in 1980 and renovated in 2000. Judy Garza Beebe and Christopher Klein of Colliers represented the undisclosed landlord in the lease negotiations. Andrew McGuire and Mason Alsbrooks of Lee & Associates represented the tenant.

The post Colliers Negotiates 45,700 SF Industrial Lease in East Houston appeared first on REBusinessOnline.

Lee & Associates Negotiates 88,620 SF Industrial Lease in Edison, New Jersey

Taylor Williams — Mon, 10 Nov 2025 15:16:18 +0000

EDISON, N.J. — Lee & Associates has negotiated an 88,620-square-foot industrial lease in the Central New Jersey community of Edison. The space is located within the Raritan Center business park and features 32-foot clear ceilings, 17 loading docks and an ESFR sprinkler system. Claudia Ganas, Monica Franco and Ana Carolina DeAraujo of Lee & Associates represented the tenant, an undisclosed freight forwarding company, in the lease negotiations. Vincent Visceglia internally represented the landlord, Summit Associates.

The post Lee & Associates Negotiates 88,620 SF Industrial Lease in Edison, New Jersey appeared first on REBusinessOnline.

Lee & Associates Negotiates 187,460 SF Industrial Lease in Bensenville, Illinois

Kristin Harlow — Thu, 06 Nov 2025 15:23:25 +0000

BENSENVILLE, ILL. — Lee & Associates of Illinois has negotiated a new long-term lease for a 187,460-square-foot industrial building in the Chicago suburb of Bensenville. The property is located at 222 Sievert Court. Jeff Janda and John Cassidy of Lee & Associates represented the owner, DRA Advisors. Mark Baumhart of NAI Hiffman represented the tenant, TAFCO Corp., a manufacturer of windows, doors and related products. The transaction represents the third quarter’s second-largest lease in the O’Hare market, according to Lee & Associates.

The post Lee & Associates Negotiates 187,460 SF Industrial Lease in Bensenville, Illinois appeared first on REBusinessOnline.

Lee & Associates Negotiates Sale of 62,241 SF Office Building in Los Angeles

Amy Works — Wed, 05 Nov 2025 14:58:29 +0000

LOS ANGELES — Lee & Associates LA North/Ventura has arranged the acquisition of a three-story office building located at 5550 Topanga Canyon Blvd. in the Warner Center/Woodland Hills submarket of Los Angeles. S&G Properties Management LLC acquired the property from an undisclosed seller for $10.1 million. S&G Property Management plans to occupy a portion of the 62,241-square-foot building for its company, Citiguard, a security guard company in California. Additionally, the new owner will invest capital into the building to renovate the interior and exterior, as well as create onsite amenities to attract tenants. Darren Casamassima, Scott Romick and Jay Rubin of Lee & Associates LA North/Ventura represented the buyer. The team will also oversee leasing of the property moving forward.

The post Lee & Associates Negotiates Sale of 62,241 SF Office Building in Los Angeles appeared first on REBusinessOnline.

Lee & Associates Brokers $33.2M Sale of Buffalo Academic Building

Taylor Williams — Mon, 27 Oct 2025 15:27:24 +0000

BUFFALO, N.Y. — Lee & Associates has brokered the $33.2 million sale of a 102,000-square-foot academic building located at 75 W. Huron St. in Buffalo. The Buffalo School of Culinary Arts & Hospitality Management occupies the entirety of the seven-story building, which was originally built in the late 19th century as a horse livery and was later used as a multi-story parking garage before being transformed into a school. Dave Carswell and Ben Tapper of Lee & Associates represented the seller, locally based firm McGuire Development Co., in the transaction. Carswell also assisted the buyer, Mercer Street Partners, in securing acquisition financing for the deal.

The post Lee & Associates Brokers $33.2M Sale of Buffalo Academic Building appeared first on REBusinessOnline.

Lee & Associates’ Report: Q3 Results Shaped by Market Uncertainty, Questions of Legality, Tariffs, AI Considerations

Sarah Daniels — Fri, 24 Oct 2025 11:00:00 +0000

Lee & Associates’ 2025 Q3 North America Market Report examines a commercial real estate landscape experiencing some pauses as the effects of exogenous forces work their way through the market. Economic and legal questions, the second- and third-order effects of tariffs, persistently high costs, unemployment concerns and the new realities of artificial intelligence (AI) have combined to produce mixed results across all property types. Demand for office and retail has increased (and their respective pipelines remain constrained). Of the four property types covered in the report — industrial, office, retail and multifamily — only retail saw transaction momentum in the previous quarter. Meanwhile, the overbuilt industrial and multifamily sectors have witnessed weakening or negative demand in the third quarter. Lee & Associates’ full, detailed market report is available to read here. The overviews for the sectors below reveal a market that seems to be holding its breath, awaiting new information. Industrial Overview: Markets Await Tariff Clarity Net absorption of industrial space increased in the third quarter across North America, but demand was weak and failed again to keep pace with the supply of new buildings, while tenant growth remained hobbled by tariff concerns and interest rates. In the United States, following 8.1 million square feet…

The post Lee & Associates’ Report: Q3 Results Shaped by Market Uncertainty, Questions of Legality, Tariffs, AI Considerations appeared first on REBusinessOnline.

RDI Group Leases 25,141 SF Industrial Building in Itasca, Illinois

Kristin Harlow — Tue, 14 Oct 2025 13:21:00 +0000

ITASCA, ILL. — The RDI Group, a manufacturer of engineered systems for the roofing, construction, power, metal coil processing and medical industries, has leased a 25,141-square-foot industrial building at 1070 W. Ardmore Ave. in Itasca. Jeff Janda and Chris Nelson of Lee & Associates of Illinois represented the owner, Town & Country Distributors, as well as the tenant. The facility will serve as a satellite warehouse for RDI Group’s primary location at 1025 W. Thorndale Ave. in Itasca.

The post RDI Group Leases 25,141 SF Industrial Building in Itasca, Illinois appeared first on REBusinessOnline.

Lee & Associates Negotiates Sale of 131,811 SF Industrial Facility in Metro Chicago

Kristin Harlow — Fri, 10 Oct 2025 15:43:30 +0000

BELVIDERE, ILL. — Lee & Associates of Illinois has negotiated the sale of a 131,811-square-foot industrial building in the Chicago suburb of Belvidere. The property is located on 27.8 acres at 2964 Newburg Road. Jeff Galante of Lee & Associates represented the buyer, NexGen Manufacturing. Al Caruana of Cushman & Wakefield the seller, an entity doing business as 2964 Newburg Road LLC. The transaction marks the largest user sale in the Rockford submarket in the third quarter, according to Lee & Associates.

The post Lee & Associates Negotiates Sale of 131,811 SF Industrial Facility in Metro Chicago appeared first on REBusinessOnline.

Lee & Associates Brokers $19.4M Sale of Two Industrial Buildings in Piscataway, New Jersey

Taylor Williams — Tue, 30 Sep 2025 13:39:14 +0000

PISCATAWAY, N.J. — Lee & Associates has brokered the $19.4 million sale of two industrial buildings totaling 101,454 square feet in the Northern New Jersey community of Piscataway. The buildings at 121 and 131 Ethel Road W. were fully leased at the time of sale to tenants in the distribution, food production and research-and-development sectors. Drew Maffey and Joseph Komitor represented the buyer, national investment firm Longpoint, in the transaction. The seller was not disclosed.

The post Lee & Associates Brokers $19.4M Sale of Two Industrial Buildings in Piscataway, New Jersey appeared first on REBusinessOnline.

Jensen-Souders Signs 105,000 SF Industrial Lease Expansion in Belvidere, Illinois

Kristin Harlow — Mon, 22 Sep 2025 14:53:53 +0000

BELVIDERE, ILL. — Jensen-Souders and Associates, a provider of warehousing services for chemicals, rubber products and other miscellaneous products, has signed a 105,000-square-foot industrial lease expansion at 3905-3925 Morreim Drive in the Chicago suburb of Belvidere. Jeff Janda and Jeff Galante of Lee & Associates of Illinois represented the tenant, which renewed and extended its current lease of 60,000 square feet while taking an additional 45,000 square feet to occupy the entire building. Shane Van Sickle of LandMark Real Estate Group represented the landlord, STAG Industrial. Jensen-Souders’ headquarters remains in Itasca.

The post Jensen-Souders Signs 105,000 SF Industrial Lease Expansion in Belvidere, Illinois appeared first on REBusinessOnline.

Lee & Associates Negotiates 102,000 SF Industrial Lease in Rockwall, Texas

Taylor Williams — Fri, 19 Sep 2025 14:32:41 +0000

ROCKWALL, TEXAS — Lee & Associates has negotiated a 102,000-square-foot industrial lease in Rockwall, a northeastern suburb of Dallas. According to LoopNet Inc., the property at 1605 Research Circle features 28-foot clear heights, 10 dock-high loading doors and an ESFR sprinkler system. Stephen Williamson of Lee & Associates represented the landlord, Lahlouh Family LP, in the lease negotiations. Stan Britton of Regal Realtors represented the tenant, Warehouse-Pro Fulfillment 3PL.

The post Lee & Associates Negotiates 102,000 SF Industrial Lease in Rockwall, Texas appeared first on REBusinessOnline.

Lee & Associates Negotiates 10,318 SF Industrial Lease in Carrollton, Texas

Taylor Williams — Thu, 18 Sep 2025 14:41:43 +0000

CARROLLTON, TEXAS — Lee & Associates has negotiated a 10,318-square-foot industrial lease in the northern Dallas metro of Carrollton. According to LoopNet Inc., the building at 3227 Commander Drive was built in 1984 and totals 33,750 square feet. Stephen Williamson and Corbin Blount of Lee & Associates represented the tenant, IT services provider RLS Interests, in the lease negotiations. Michael Haggar of JLL represented the landlord.

The post Lee & Associates Negotiates 10,318 SF Industrial Lease in Carrollton, Texas appeared first on REBusinessOnline.

Lee & Associates Negotiates 77,500 SF Industrial Lease in Addison, Texas

Taylor Williams — Wed, 17 Sep 2025 14:49:52 +0000

ADDISON, TEXAS — Lee & Associates has negotiated a 77,500-square-foot industrial lease in the northern Dallas metro of Addison. According to LoopNet Inc., the building at 4204 Lindbergh Drive was constructed in 1974. John Anderson of Lee & Associates represented the tenant, Charter Furniture, in the lease negotiations. The name and representative of the landlord were not disclosed.

The post Lee & Associates Negotiates 77,500 SF Industrial Lease in Addison, Texas appeared first on REBusinessOnline.

Lee & Associates Negotiates 16,875 SF Industrial Lease Renewal in Richardson, Texas

Taylor Williams — Tue, 16 Sep 2025 14:40:00 +0000

RICHARDSON, TEXAS — Lee & Associates has negotiated a 16,875-square-foot industrial lease in the northeastern Dallas suburb of Richardson. According to LoopNet Inc., the building at 301-323 Hilltop Ave. was constructed in 1965. Brett Lewis and George Tanghongs of Lee & Associates represented the landlord, Link Industrial Properties, in the lease negotiations. Trevor Atkins of CBRE represented the tenant, Starwood Distributors.

The post Lee & Associates Negotiates 16,875 SF Industrial Lease Renewal in Richardson, Texas appeared first on REBusinessOnline.

Related Products Inks 4,800 SF Industrial Lease in Elmhurst, Illinois

Kristin Harlow — Tue, 16 Sep 2025 13:34:44 +0000

ELMHURST, ILL. — Related Products, a packaging company, has signed a 4,800-square-foot industrial lease at 736-778 Industrial Drive in the Chicago suburb of Elmhurst. Dustin Albers of Lee & Associates represented the tenant. The property owner, Value Industrial Partners LLC, was self-represented.