Lee & Associates Archives - REBusinessOnline https://rebusinessonline.com/category/lee-associates/ Commercial Real Estate from Coast to Coast Tue, 20 Oct 2026 13:42:43 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 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 Lee & Associates Arranges $5.5M in Financing for Retail Building in Portsmouth, New Hampshire https://rebusinessonline.com/lee-associates-arranges-5-5m-in-financing-for-retail-building-in-portsmouth-new-hampshire/ Tue, 20 Oct 2026 13:42:40 +0000 https://rebusinessonline.com/?p=472100 PORTSMOUTH, N.H. — Lee & Associates has arranged $5.5 million in financing for an 11,000-square-foot retail strip center in Portsmouth, located near the Maine-New Hampshire border. The building at 1303 Woodbury Ave. previously housed a Rite-Aid, and the undisclosed borrower plans to redevelop the building into a medical office facility. Dave Carswell and Ryan Fitzpatrick of Lee & Associates arranged the debt through First Tech Federal Credit Union. The duo originated the financing in conjunction with a $5 million acquisition loan for a retail strip center in Rumford, Rhode Island.

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]]> Lee & Associates Arranges $5M Acquisition Loan for Retail Strip Center in Rumford, Rhode Island https://rebusinessonline.com/lee-associates-arranges-5m-acquisition-loan-for-retail-strip-center-in-rumford-rhode-island/ Mon, 19 Oct 2026 14:03:28 +0000 https://rebusinessonline.com/?p=472013 RUMFORD, R.I. — Lee & Associates has arranged a $5 million acquisition loan for a 13,000-square-foot retail strip center in Rumford, located northeast of Providence. First Tech Federal Credit Union provided the nonrecourse loan, which was structured with a sub-6 percent interest rate and a 30-year amortization schedule. Dave Carswell and Ryan Fitzpatrick of Lee & Associates arranged the debt on behalf of the borrower, Kempner Properties, which acquired the center via a 1031 exchange.

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]]> Amazing Savings Signs 173,475 SF Industrial Lease in Mine Hill, New Jersey https://rebusinessonline.com/amazing-savings-signs-173475-sf-industrial-lease-in-mine-hill-new-jersey/ Thu, 15 Oct 2026 14:06:44 +0000 https://rebusinessonline.com/?p=469860 MINE HILL, N.J. — Amazing Savings has signed a 173,475-square-foot industrial lease in the Northern New Jersey community of Mine Hill. The discount retailer is taking space at Spring Brook Commerce Center, a newly constructed, 393,335-square-foot building located at 128 Iron Mountain Road. Tom Consiglio and Scott Peck of Resource Realty of Northern New Jersey represented the tenant in the lease negotiations. Drew Maffey, Rick Marchisio, Will Ziegler, Joseph Komitor and Matt Esposito of Lee & Associates represented the landlord, Brookfield Properties.

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]]> Department of War Signs 23,600 SF Office Lease in Carle Place, New York https://rebusinessonline.com/department-of-war-signs-23600-sf-office-lease-in-carle-place-new-york/ Wed, 07 Oct 2026 14:08:04 +0000 https://rebusinessonline.com/?p=467503 CARLE PLACE, N.Y. — The U.S. Department of War has signed a 10-year, 23,600-square-foot office lease in Carle Place, located on Long Island. The space is located within the 320,000-square-foot, newly repositioned building at 1 Old Country Road, and the federal cabinet plans to take occupancy early next year. Kelly Koukou of Lee & Associates represented the landlord, DBD Realty Group, in the lease negotiations. Ralph Guiffre, Vince Lamatta and Richard Freel of CBRE represented the tenant.

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]]> Gulf Coast Crating Signs 151,650 SF Industrial Lease in Grand Prairie, Texas https://rebusinessonline.com/gulf-coast-crating-signs-151650-sf-industrial-lease-in-grand-prairie-texas/ Tue, 06 Oct 2026 13:44:38 +0000 https://rebusinessonline.com/?p=467393 GRAND PRAIRIE, TEXAS — Gulf Coast Crating Inc. has signed a 151,650-square-foot industrial lease in Grand Prairie, located midway between Dallas and Fort Worth. The building at 1213 W. Carrier Parkway was completed in 1980 and totals 224,100 square feet. R.J. Flores, Mark Graybill and Reed Parker of Lee & Associates represented the undisclosed landlord in the lease negotiations. First Houston Properties represented Gulf Coast Crating.

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]]> Sunrise Senior Living Acquires Development Site on Long Island for $7.5M https://rebusinessonline.com/sunrise-senior-living-acquires-development-site-on-long-island-for-7-5m/ Thu, 01 Oct 2026 13:45:16 +0000 https://rebusinessonline.com/?p=467094 OCEANSIDE, N.Y. — Sunrise Senior Living has acquired a 2.8-acre development site in the Long Island community of Oceanside for $7.5 million, with plans to develop an 84-unit assisted living and memory care facility.  Kelly Koukou of Lee & Associates represented Sunrise in the land acquisition. Marlon Matza of Strategic Realty Advisors represented the seller, a partnership between Grossman Nurseries and Breslin Development. A construction timeline was not disclosed.

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]]> Lee & Associates Brokers $4.5M Land Sale for Industrial Development in Metro Chicago https://rebusinessonline.com/lee-associates-brokers-4-5m-land-sale-for-industrial-development-in-metro-chicago/ Wed, 23 Sep 2026 13:41:53 +0000 https://rebusinessonline.com/?p=466490 FRANKLIN PARK, ILL. — Lee & Associates of Illinois has brokered the $4.5 million sale of 4 acres at 11330 W. Melrose Ave. in Franklin Park. Jeff Provenza of Lee & Associates represented the buyer, Seefried Industrial Properties, which plans to develop an 81,670-square-foot building. Slated for completion in June 2027, the property will feature 32-foot ceilings, 14 exterior loading docks and visibility from I-294. Provenza and his team have also been retained for leasing. O’Brien Investment Group was the seller.

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]]> Lee & Associates Negotiates 35,000 SF Industrial Lease in Northeast Fort Worth https://rebusinessonline.com/lee-associates-negotiates-35000-sf-industrial-lease-in-northeast-fort-worth/ Mon, 21 Sep 2026 13:43:15 +0000 https://rebusinessonline.com/?p=466302 FORT WORTH, TEXAS — Lee & Associates has negotiated a 35,000-square-foot industrial lease in northeast Fort Worth. According to LoopNet Inc., the building at 566 N. Beach St. totals 123,450 square feet. Aaron Schulle, Trey Fricke and Reid Bassinger of Lee & Associates represented the undisclosed tenant in the lease negotiations. Nick Talley of LanCarte Commercial represented the landlord, Melvin Evans Warehouses Ltd.

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]]> Lee & Associates Negotiates 14,100 SF Industrial Lease in Richardson, Texas https://rebusinessonline.com/lee-associates-negotiates-14100-sf-industrial-lease-in-richardson-texas/ Fri, 18 Sep 2026 14:31:50 +0000 https://rebusinessonline.com/?p=466217 RICHARDSON, TEXAS — Lee & Associates has negotiated a 14,100-square-foot industrial lease in the northeastern Dallas suburb of Richardson. According to LoopNet Inc., the building at 789 N. Grove Road was completed in 1983 and totals 54,471 square feet. Jessica Reinhardt and Susan Cancemi of Lee & Associates represented the landlord, an entity doing business as Dallas North Industrial LLC, in the lease negotiations. Shane Rollins of TXCRE represented the tenant, Battery Management Technology Corp.

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]]> Lee & Associates Negotiates 176,182 SF Industrial Lease in Lewisville, Texas https://rebusinessonline.com/lee-associates-negotiates-176182-sf-industrial-lease-in-lewisville-texas/ Thu, 17 Sep 2026 15:18:22 +0000 https://rebusinessonline.com/?p=466128 LEWISVILLE, TEXAS — Lee & Associates has negotiated a 176,182-square-foot industrial lease at 501 Holfords Prairie Road in the northern Dallas suburb of Lewisville. The deal is for the entirety of the space within the newly constructed Building F, which was built on a speculative basis within First Park 121, a 1.2 million-square-foot development. Mark Graybill and Adam Graham of Lee & Associates represented the landlord, Chicago-based First Industrial Realty Trust, in the lease negotiations. Jay Benner of Cushman & Wakefield represented the tenant, IEWC Corp., a Wisconsin-based provider of wire and cabling products.

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]]> Lee & Associates Negotiates 28,212 SF Industrial Lease in McKinney, Texas https://rebusinessonline.com/lee-associates-negotiates-28212-sf-industrial-lease-in-mckinney-texas/ Wed, 16 Sep 2026 14:03:23 +0000 https://rebusinessonline.com/?p=466018 MCKINNEY, TEXAS — Lee & Associates has negotiated a 28,212-square-foot industrial lease in the northern Dallas suburb of McKinney. The building at 320 Wilmeth Road is part of McKinney Trade Center, a 22.5-acre development that houses four buildings that range in size from 95,840 to 171,398 square feet. Brett Lewis and Taylor Stell of Lee & Associates represented the tenant, Blount Fine Foods, in the lease negotiations. Adam Graham and Ken Wesson, also with Lee & Associates, represented the landlord, ML Realty Partners.

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]]> Lee & Associates Negotiates Sale of 24,825 SF Industrial Property in Northwest Houston https://rebusinessonline.com/lee-associates-negotiates-sale-of-24825-sf-industrial-property-in-northwest-houston/ Wed, 19 Aug 2026 13:55:40 +0000 https://rebusinessonline.com/?p=463913 HOUSTON — Lee & Associates has negotiated the sale of a 24,825-square-foot industrial property in northwest Houston. The two-building complex at 2216 Pech Road was constructed in 1980 and includes 4,600 square feet of office space. Richard Glass and Conrad Chambers of Lee & Associates represented the seller, All-Tex Erection Systems Inc., in the transaction. The buyer was Russell and Sons Holding Co.

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]]> Base Power Signs 32,375 SF Industrial Lease in Frisco https://rebusinessonline.com/base-power-signs-32375-sf-industrial-lease-in-frisco/ Mon, 17 Aug 2026 14:44:37 +0000 https://rebusinessonline.com/?p=463689 FRISCO, TEXAS — Base Power Inc. has signed a 32,375-square-foot industrial lease in Frisco. The provider of home batteries is taking space within Building 3 at Frisco Trade Center. Brett Lewis, Taylor Stell and George Tanghongs of Lee & Associates represented the locally based landlord, Dalfen Industrial, in the lease negotiations. The tenant representative was not disclosed.

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]]> Lee & Associates Brokers Sale of 25,000 SF Industrial Flex Building in Northeast Dallas https://rebusinessonline.com/lee-associates-brokers-sale-of-25000-sf-industrial-flex-building-in-northeast-dallas/ Fri, 14 Aug 2026 14:58:42 +0000 https://rebusinessonline.com/?p=463587 DALLAS — Lee & Associates has brokered the sale of a 25,000-square-foot industrial flex building in northeast Dallas. The building at 10999 Petal St. was originally constructed in 1985 and features 24-foot clear heights. Taylor Stell and Brett Lewis of Lee & Associates represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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]]> Lee & Associates Negotiates 26,600 SF Industrial Lease in Northwest Dallas https://rebusinessonline.com/lee-associates-negotiates-26600-sf-industrial-lease-in-northwest-dallas/ Thu, 06 Aug 2026 14:50:33 +0000 https://rebusinessonline.com/?p=462920 DALLAS — Lee & Associates has negotiated a 26,600-square-foot  industrial lease in northwest Dallas. According to LoopNet Inc., the building at 616-626 W. Mockingbird Lane was completed in 1978 and totals 46,400 square feet. Stephen Williamson of Lee & Associates represented the landlord, Brookfield Asset Management, in the lease negotiations. Nick Melbye of NAI Robert Lynn represented the tenant, an entity doing business as Render Collective LLC.

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]]> Lee & Associates’ Q2 Report: Office, Retail Markets Gain Momentum as Industrial, Multifamily Face Headwinds https://rebusinessonline.com/lee-associates-q2-report-office-retail-markets-gain-momentum-as-industrial-multifamily-face-headwinds/ Thu, 06 Aug 2026 11:00:00 +0000 https://rebusinessonline.com/?p=462713 The Lee & Associates’ 2026 Q2 North America Market Report finds that commercial real estate fundamentals are improving, but the pace of recovery varies significantly by property type and market. Office and retail sectors are showing renewed momentum, industrial demand continues to recover unevenly amid trade uncertainty and multifamily fundamentals are stabilizing as new supply begins to moderate. Across all sectors, investors and occupiers remain highly selective in an evolving market. Sponsored: Download Lee & Associates’ 2026 Q2 North America Market Report. Industrial Overview: Recovering Demand Is Uneven Amid Trade Tensions Demand for North American industrial space in the second quarter continued to recover from slowing caused by heightened trade uncertainties that began early last year. Modest tenant expansion in the United States remains well off pre-COVID average growth. In the United States, 44.4 million square feet of net absorption in the second quarter brought the mid-year total to 77.1 million square feet, about 30 percent less than the pre-pandemic five-year average. First-half deliveries fell to 93 million square feet, which included 44.4 million square feet in the first quarter — the least in seven years. Although supply additions have moderated, the pullback in tenant demand over the past three years…

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]]> Lee & Associates Negotiates 56,780 SF Industrial Lease in Grand Prairie, Texas https://rebusinessonline.com/lee-associates-negotiates-56780-sf-industrial-lease-in-grand-prairie-texas/ Wed, 05 Aug 2026 14:53:50 +0000 https://rebusinessonline.com/?p=462793 GRAND PRAIRIE, TEXAS — Lee & Associates has negotiated a 56,780-square-foot industrial lease in Grand Prairie, located roughly midway between Dallas and Fort Worth. The tenant was not disclosed. According to LoopNet Inc., the building at 2401 W. Marshall Drive was completed in 1966 and totals 320,366 square feet. Mark Graybill, R.J. Flores and Reed Parker of Lee & Associates represented the landlord, which also requested anonymity, in the lease negotiations.

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]]> 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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