Lee & Associates Archives - REBusinessOnline https://rebusinessonline.com/category/lee-associates/ Commercial Real Estate from Coast to Coast Thu, 30 Jul 2026 14:46:48 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Lee & Associates Archives - REBusinessOnline https://rebusinessonline.com/category/lee-associates/ 32 32 Modern Home Concepts Signs 57,361 SF Industrial Lease in Carrollton, Texas https://rebusinessonline.com/modern-home-concepts-signs-57361-sf-industrial-lease-in-carrollton-texas/ Thu, 30 Jul 2026 14:46:46 +0000 https://rebusinessonline.com/?p=462331 CARROLLTON, TEXAS — Modern Home Concepts, a provider of residential flooring products, has signed a 57,361-square-foot industrial lease in the northern Dallas metro of Carrollton. The space is located within Valwood Business Park and includes dedicated truck parking and potential outdoor storage space. Corbin Blount and Adam Graham of Lee & Associates represented the landlord, Link Industrial Properties, in the lease negotiations. Christian Moore of Mercer Co. represented the tenant.

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]]> Lee & Associates Arranges $5.2M Sale of Industrial Building in Metro Chicago https://rebusinessonline.com/lee-associates-arranges-5-2m-sale-of-industrial-building-in-metro-chicago/ Mon, 20 Jul 2026 13:45:53 +0000 https://rebusinessonline.com/?p=461432 ELK GROVE VILLAGE, ILL. — Lee & Associates of Illinois has arranged the $5.2 million sale of a 39,879-square-foot industrial building located at 1951 Lively Blvd. in Elk Grove Village. Dustin Albers of Lee & Associates represented the buyer, Sonica International Inc., a global logistics company. John D’Orazio, Jonathan Kohn and Tommy Karnig of Colliers represented the seller, FD Venture Co. LLC.

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]]> Lee & Associates Negotiates 94,993 SF Industrial Lease in Southlake, Texas https://rebusinessonline.com/lee-associates-negotiates-94993-sf-industrial-lease-in-southlake-texas/ Fri, 17 Jul 2026 14:29:31 +0000 https://rebusinessonline.com/?p=461347 SOUTHLAKE, TEXAS — Lee & Associates has negotiated a 94,993-square-foot industrial lease in Southlake, located in the northern-central part of the metroplex. The tenant is Genuine Cable Group, and the space is located within Building 1 of Heritage Business Park. Adam Graham and Stephen Williamson of Lee & Associates represented the landlord, Prologis, in the lease negotiations. Jake Griffin of Cushman & Wakefield represented the tenant.

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]]> Lee & Associates Brokers Sale of 455,858 SF Industrial Property in Lansing, Illinois https://rebusinessonline.com/lee-associates-brokers-sale-of-455858-sf-industrial-property-in-lansing-illinois/ Thu, 16 Jul 2026 13:53:38 +0000 https://rebusinessonline.com/?p=461208 LANSING, ILL. — Lee & Associates of Illinois has brokered the sale of a 455,858-square-foot warehouse located at 16801 Exchange Ave. in Lansing, a south suburb of Chicago. Walter Murphy of Lee & Associates represented the buyer, RBT Industries (The Great Escape), a retailer of home leisure products. RBT will occupy 313,982 square feet of the building while the remainder will be leased to LKQ Corp. Stephanie Park, Colin Green and Traci Payette of CBRE represented the seller, Plymouth Industrial REIT Inc.

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]]> Hawk Logistics Signs 26,707 SF Industrial Lease in East Fort Worth https://rebusinessonline.com/hawk-logistics-signs-26707-sf-industrial-lease-in-east-fort-worth/ Mon, 13 Jul 2026 15:22:46 +0000 https://rebusinessonline.com/?p=460921 FORT WORTH, TEXAS — Hawk Logistics has signed a 26,707-square-foot industrial lease in East Fort Worth. The space is located within Building 1 of the Riverbend East development. Tomas Wilson, Alex Wilson and Mark Graybill of Lee & Associates represented the tenant in the lease negotiations. Steve Trese and Brian Gilchrist of CBRE, along with Wilson Brown of HPI Real Estate Services & Investments represented the landlord, Leon Capital.

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]]> Lee & Associates Negotiates 20,092 SF Industrial Lease in McKinney, Texas https://rebusinessonline.com/lee-associates-negotiates-20092-sf-industrial-lease-in-mckinney-texas/ Mon, 13 Jul 2026 15:19:04 +0000 https://rebusinessonline.com/?p=460919 MCKINNEY, TEXAS — Lee & Associates has negotiated a 20,092-square-foot industrial lease in the northern Dallas suburb of McKinney. The space is located within Building 2 at McKinney Trade Center. Brett Lewis and Taylor Stell of Lee & Associates represented the tenant, Blount Fine Foods Corp., in the lease negotiations. Ken Wesson and Adam Graham, also with Lee & Associates, represented the landlord, Chicago-based ML Realty Partners.

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]]> Lee & Associates Arranges Sale of 113,904 SF Industrial Building in Lewisville, Texas https://rebusinessonline.com/lee-associates-arranges-sale-of-113904-sf-industrial-building-in-lewisville-texas/ Wed, 08 Jul 2026 15:18:28 +0000 https://rebusinessonline.com/?p=460599 LEWISVILLE, TEXAS — Lee & Associates has negotiated the sale of a 113,904-square-foot industrial building in the northern Dallas suburb of Lewisville. Andes Coil Processes occupies the building at 202 S. Railroad St., which according to LoopNet Inc. was constructed in 1983 and features 35-foot clear heights. Tomas Wilson and Alex Wilson of Lee & Associates represented the buyer, Bleecker Partners, in the transaction. Todd Hubbard of NAI Robert Lynn represented the undisclosed seller.

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]]> Lee & Associates Negotiates Two Industrial Leases Totaling 131,417 SF in Chicago’s Western Suburbs https://rebusinessonline.com/lee-associates-negotiates-two-industrial-leases-totaling-131417-sf-in-chicagos-western-suburbs/ Wed, 01 Jul 2026 13:46:38 +0000 https://rebusinessonline.com/?p=460150 HILLSIDE AND FOREST PARK, ILL. — Lee & Associates of Illinois has negotiated two industrial leases totaling 131,417 square feet in the western suburbs of Chicago. Sean Austin of Lee & Associates represented Nuvomed Inc., a company that develops and sells affordable health and wellness products, in its lease of 54,087 square feet at 200 Fencl Lane in Hillside. Tom Rodeno and Patrick Turner of Colliers represented the owner, Clear Height Properties. Austin also represented Recyclops Inc., a recycling and sustainability company that provides curbside recycling pickup, in its lease of 77,330 square feet at 7750 Industrial Drive in Forest Park. The same Colliers duo represented the landlord, ML Realty Partners.

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]]> Lee & Associates Negotiates 78,272 SF Industrial Lease in North Fort Worth https://rebusinessonline.com/lee-associates-negotiates-78272-sf-industrial-lease-in-north-fort-worth/ Mon, 29 Jun 2026 14:10:00 +0000 https://rebusinessonline.com/?p=459896 FORT WORTH, TEXAS — Lee & Associates has negotiated a 78,272-square-foot industrial lease in North Fort Worth. The tenant is Wistron Corp., a provider of high-tech communications products and services, and the space is located within Building H at 35 Eagle Center. Trey Fricke and Reid Bassinger of Lee & Associates represented the tenant in the lease negotiations. Bob Scully and Steve Trese of CBRE represented the landlord, an entity doing business as Alpha Industrial Properties.

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]]> Cargowill Signs 42,169 SF Industrial Lease in Bolingbrook, Illinois https://rebusinessonline.com/cargowill-signs-42169-sf-industrial-lease-in-bolingbrook-illinois/ Tue, 23 Jun 2026 13:01:00 +0000 https://rebusinessonline.com/?p=459439 BOLINGBROOK, ILL. — Cargowill, an e-commerce logistics company, has signed a 42,169-square-foot industrial lease at 1325 Remington Blvd. in Bolingbrook. Jeff Galante of Lee & Associates of Illinois represented the landlord, Pritzker Realty Group. Chris Nelson of Lee & Associates represented the tenant. Built in 2016, the 112,000-square-foot property features immediate access to I-55 via the Weber Road interchange.

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]]> Lee & Associates Brokers Sale of 70,497 SF Office Property in Metro Chicago https://rebusinessonline.com/lee-associates-brokers-sale-of-70497-sf-office-property-in-metro-chicago/ Mon, 22 Jun 2026 13:51:21 +0000 https://rebusinessonline.com/?p=459373 OAK BROOK, ILL. — Lee & Associates of Illinois has brokered the sale of a 70,497-square-foot office property located at 915 Harger Road in Oak Brook. Tony Russo of Lee & Associates represented the seller, KMMRD Enterprises. The asset was 48 percent leased at the time of sale, with law firm Godoy occupying the largest space. The buyer, Urban Commercial Property Group, plans to invest significant capital into building renovations and deferred maintenance improvements.

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]]> Lee & Associates, Younger Partners Broker Sale of 12,006 SF Industrial Building in Arlington https://rebusinessonline.com/lee-associates-younger-partners-broker-sale-of-12006-sf-industrial-building-in-arlington/ Thu, 18 Jun 2026 15:08:02 +0000 https://rebusinessonline.com/?p=459120 ARLINGTON, TEXAS — Lee & Associates and Younger Partners have co-brokered the sale of a 12,006-square-foot industrial building in Arlington. The building at 1300 E. Corporate Drive was originally constructed in 1976. Alex Wilson and Mark Graybill of Lee & Associates and Justin Moreau of Younger Partners co-brokered the deal. The buyer and seller were not disclosed.

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]]> Lee & Associates Brokers $24.8M Sale of Industrial Building in Elgin, Illinois https://rebusinessonline.com/lee-associates-brokers-24-8m-sale-of-industrial-building-in-elgin-illinois/ Thu, 18 Jun 2026 13:17:56 +0000 https://rebusinessonline.com/?p=459061 ELGIN, ILL. — Lee & Associates of Illinois has brokered the sale of a 442,601-square-foot industrial building located northwest of Chicago in Elgin. Rigid plastics manufacturer PJP Holdings purchased the facility for $24.8 million with plans to modernize it, inclusive of the surrounding infrastructure. Frank Griffin and Mike Adams of Lee & Associates represented the buyer, while law firm Liston & Tsantilis assisted on the transaction. Jack Brennan and Steve Bass of NAI Hiffman represented the seller, JP Elgin Project Co. LLC. The transaction marks the second-largest industrial building sale in metro Chicago in 2026 for square footage, according to Lee & Associates. The sale involved the utilization of Illinois’ 6B tax abatement program, which drives industrial investment, redevelopment and job creation in the region. PJP occupies four facilities in metro Chicago.

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]]> Lee & Associates Negotiates 100,800 SF Industrial Lease in Woodridge, Illinois https://rebusinessonline.com/lee-associates-negotiates-100800-sf-industrial-lease-in-woodridge-illinois/ Wed, 17 Jun 2026 13:22:34 +0000 https://rebusinessonline.com/?p=458955 WOODRIDGE, ILL. — Lee & Associates of Illinois has negotiated a 100,800-square-foot, full-building industrial lease at 1215 101st St. in Woodridge. Jeff Galante and Jeff Janda of Lee & Associates represented the owner, Rediehs & Rediehs LLC. Manufacturing company Secure Source America LLC leased the property.

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]]> Lee & Associates’ Report: Industrial and Multifamily Slow, Office Recovers, Retail Demand Holds https://rebusinessonline.com/lee-associates-q1-2026-report-industrial-and-multifamily-slow-office-recovers-retail-demand-holds/ Fri, 29 May 2026 16:52:19 +0000 https://rebusinessonline.com/?p=457650 The headline numbers in commercial real estate rarely tell the full story. First-quarter 2026 data is a case in point: Lee & Associates reports that industrial and multifamily are slowly absorbing a historic supply surge, office is staging an uneven recovery, and retail is contending with a shortage of quality space rather than a glut of it. Here’s a sector-by-sector look at where U.S. commercial real estate stands heading into the rest of the year — and which markets are bucking the trend. Sponsored: Download Lee & Associates’ 2026 Q1 North America Market report. Industrial Overview: Logistics Demand Moderates; Small Space Needs Gain There was continued weakness in the first quarter across North American industrial markets. The slowing has produced an overhang of newly delivered speculative logistics space, while rent growth has fallen to virtually nil. In the United States, net absorption totaled 32.8 million square feet in Q1, or 0.2 percent of the 19.3-billion-square-foot inventory. It was the lowest rate of tenant growth in more than a decade aside from the 17.6-million-square-foot contraction in Q2 following the U.S.’s initial tariff announcements. The overall vacancy rate in Q1 settled at 7.5 percent, which has nearly doubled since 2022 as new…

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]]> Lee & Associates Negotiates Sale of Four Industrial Outdoor Storage Sites in Texas https://rebusinessonline.com/lee-associates-negotiates-sale-of-four-industrial-outdoor-storage-sites-in-texas/ Mon, 18 May 2026 14:15:34 +0000 https://rebusinessonline.com/?p=456813 DALLAS — Lee & Associates has negotiated the sale of four industrial outdoor storage (IOS) sites in Texas. The facilities — located at 1927 W. Commerce St. in Dallas, 3405 Aldine Bender Road in Houston, 3928 Naco Perrin Blvd in San Antonio and 8601 Tuscany Way in Austin — traded as part of a 56.2-acre, 230,000-square-foot IOS portfolio that also included a facility in Chicago. Alex Wilson of Lee & Associates represented the buyer, Transport Properties, in the transaction. The seller and sales price were not disclosed.

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]]> Lee & Associates Brokers Sale of 20,142 SF Industrial Building in Carlsbad, California https://rebusinessonline.com/lee-associates-brokers-sale-of-20142-sf-industrial-building-in-carlsbad-california/ Thu, 14 May 2026 13:12:42 +0000 https://rebusinessonline.com/?p=456583 CARLSBAD, CALIF. — Lee & Associates has negotiated the sale of an industrial property located at 3186 Lionshead Ave. in Carlsbad. The asset traded for $6.3 million. Situated within Carlsbad Raceway Business Park, the 20,142-square-foot property features a clear height of 24 feet, one dock well and two grade-level doors. At the time of sale, the property was partially leased. Rusty Williams, Chris Roth and Jake Rubendall of Lee & Associates — North San Diego County represented the seller, while Chris Vassilian of Lee & Associates Irvine represented the buyer in the deal.

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]]> Accredo Health Group Signs 40,873 SF Industrial Lease in Elgin, Illinois https://rebusinessonline.com/accredo-health-group-signs-40873-sf-industrial-lease-in-elgin-illinois/ Wed, 06 May 2026 13:36:08 +0000 https://rebusinessonline.com/?p=456056 ELGIN, ILL. — Accredo Health Group has signed a 40,873-square-foot industrial lease at 300 Airport Road within Fox River Business Center in Elgin. Kenneth Franzese, John Cassidy and Jeff Janda of Lee & Associates of Illinois represented the landlord, High Street Logistics Properties. Bob Tardy and Doug Pilcher of Cushman & Wakefield represented the tenant, which is a specialty pharmaceutical service provider. Fox River Business Center is a 176,799-square-foot industrial facility constructed in 2008. Current availability totals 29,806 square feet.

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]]> Lee & Associates Orange Brokers Sale of 10,080 SF Industrial Building in Fullerton, California https://rebusinessonline.com/lee-associates-orange-brokers-sale-of-10080-sf-industrial-building-in-fullerton-california/ Thu, 30 Apr 2026 13:50:18 +0000 https://rebusinessonline.com/?p=455573 FULLERTON, CALIF. — Lee & Associates Orange has arranged the sale of a 10,080-square-foot industrial building located at 1021 S. Placentia Ave. in Fullerton. Bruner Rental Properties acquired the asset from KSP Real Estate Partners for $3.3 million. Mark Hintergardt and Phil Fridd of Lee & Associates represented the seller in the transaction.

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]]> Lee & Associates Brokers Sale of 64,406 SF Industrial Building in Flower Mound, Texas https://rebusinessonline.com/lee-associates-brokers-sale-of-64406-sf-industrial-building-in-flower-mound-texas/ Mon, 06 Apr 2026 13:47:59 +0000 https://rebusinessonline.com/?p=453886 FLOWER MOUND, TEXAS — Lee & Associates has brokered the sale of a 64,406-square-foot industrial building in Flower Mound, located in the northern-central part of the metroplex. According to LoopNet Inc., the building at 500 Gerault Road was constructed in 2025 and features 32-foot clear heights. Adam Graham, Alex Wilson and Tomas Wilson of Lee & Associates represented the seller in the transaction. Bill de la Chapelle and Karla Orozco of eXp Commercial represented the buyer. Both parties requested anonymity.

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