Lee & Associates Archives - REBusinessOnline https://rebusinessonline.com/category/lee-associates/ Commercial Real Estate from Coast to Coast Wed, 19 Aug 2026 13:55:47 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 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 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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]]> 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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