Lee & Associates Blog
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Lee & Associates is a national commercial real estate brokerage with offices in major cities across the United States. Their blog covers a range of topics related to the commercial real estate industry, including market trends, investment strategies, and leasing advice. With over 40 years of experience, Lee & Associates is a trusted name in the industry.
Lee & Associates Blog
1M ago
Pennsylvania - March 13, 202 - Lee & Associates, a leader in commercial real estate services, proudly welcomes Eric Stankiewicz as its newest Senior Property Manager. Eric joins the Pennsylvania-based team of Bruce Gordon, Michael Kelly, Mark Christine, and Grace Williams, which manages in excess of 15 million square feet.
With over a decade of comprehensive experience in property management, Stankiewicz brings a wealth of knowledge and expertise to Lee & Associates. His extensive background encompasses various facets of real estate management, including operational effici ..read more
Lee & Associates Blog
2M ago
Joel Kreider, SIOR, and Ed Skonecki of Lee & Associates Facilitate Successful Sale of 12.28 Acres in York, PA
[York, PA -March 1, 2024] - Joel Kreider, SIOR, and Ed Skonecki of Lee & Associates are pleased to announce the successful completion of a significant transaction involving the sale of 12.28 acres of prime land located at 85Church Road in York, PA. The transaction was facilitated by Kreider and Skonecki, who represented the Seller Drew Bobincheck in the deal.
The 12.28-acre parcel of land is strategically positioned and pre-approved for the development of an industrial build ..read more
Lee & Associates Blog
2M ago
Denver, PA - [February 13, 2024] - Lee & Associates proudly announces the successful full building lease at 425 S. Muddy Creek Road, Denver, PA, a 117,000 square feet Class A speculative project by Catalyst Commercial Development.
The property, strategically located directly at the PA Turnpike/Rt 222 interchange, was completed in the fall of 2023. Featuring 36’ clear heights, ESFR, LED lighting, and outstanding car parking, trailer parking, and visibility. The building exemplifies the high standards set by Catalyst Commercial Development.
Lee Fittipaldi, Kim Jacobsen, and Selwyn Simp ..read more
Lee & Associates Blog
2M ago
Philadelphia, PA (January 3, 2024) – Lee & Associates, a leading commercial real estate firm, is pleased to announce the promotion of Andrew Landolfi to Vice President. This strategic move reflects Andrew's exceptional contributions to the firm and his demonstrated commitment to delivering outstanding results for clients.
Since joining Lee & Associates in 2021, Andrew has consistently exhibited professionalism, expertise, and dedication. His comprehensive understanding of the local market, coupled with his innovative approach to client solutions, has earned him the trust and resp ..read more
Lee & Associates Blog
2M ago
Incoming President of the CCIM, PA/NJ/DE Chapter Makes Strategic Transition into a Regional Research Director Role for Lee & Associates of Eastern and Western PA
Lee & Associates a prominent name in the commercial real estate industry, is proud to announce a significant addition to its growing team. Heather Kreiger, CCIM, a seasoned Brokerage Advisor with over 19 years of experience in CRE research and brokerage, most recently of High Associates Ltd., has joined Lee & Associates as the Regional Research Director for its statewide enterprise offices in Eastern and Western Penn ..read more
Lee & Associates Blog
2M ago
Hospitality development company Tomu leases 15,000 square feet, and healthcare technology firm Pycube signs a lease for 43,750 square feet of space.
Hagerstown, MD (September 21, 2023) - Lee & Associates of Eastern Pennsylvania has brokered two new leases at New Heights Industrial Park, a 900,000 square foot commercial office and industrial park in Hagerstown, Maryland, for a combined 60,000 square feet of space. The development, located at 18450 Showalter Road, is owned and managed by a joint venture partnership between Bluestone Group and The Langer Co. Lee & Associates Principals ..read more
Lee & Associates Blog
2M ago
PHILADELPHIA REGION SNAPSHOT 5.43%
Vacancy
605,126,017 SF
Standing Stock
5,987,667 SF
Net Absorption
28,358,851 SF
Under Construction
As expected, both Vacancy and Availability continued an upward trend in the wake of 14.2 MSF of newly delivered buildings, including nearly 8.9 MSF of unleased space. The effects were muted by 6.0 MSF of positive Net Absorption, including new I.0 MSF+ occupancies by Lowe’s, Jillamy, Amazon.com, and UNFI.
Rolling Construction levels continued a 5-quarter decline and now sit at roughly one-half their Q2’22 peak. That trend will continue, with new ..read more
Lee & Associates Blog
2M ago
DWIGHT HOTCHKISS NAMED EXECUTIVE MANAGING DIRECTOR AND COO OF LEE & ASSOCIATES OF EASTERN AND WESTERN PENNSYLVANIA
Formerly President of Lee & Associates of Riverside, California, executive brings more than 33 years of diversified commercial real estate brokerage expertise.
Philadelphia, PA (July 11, 2023) – Dwight Hotchkiss, SIOR has been hired by Lee & Associates of Eastern Pennsylvania as its new Executive Managing Director and Chief Operating Officer. Formerly President of the Lee & Associates offices in Riverside and Temecula, California, he b ..read more
Lee & Associates Blog
2M ago
Left to Right: Ross Langford, Paul Fedorko, Morgan Schultz,
Significant acquisitions greatly advance the Lee & Associates continued strategic growth.
June 26, 2023 (Pennsylvania) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, proudly announces that Paul J. Fedorko has transitioned his industry-leading Capital Markets team from CBRE to Lee & Associates. Mr. Fedorko holds 25 years of experience that includes over 4 Billion dollars in transaction volume. Mr. Fedorko brings with him his partner Ross J. Langford who will serve as a Vice ..read more
Lee & Associates Blog
2M ago
Pittsburgh Expansion Marks the Third Office in the Commonwealth of Pennsylvania
April 4, 2023 (PITTSBURGH, PA) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of their new Western Pennsylvania office in Pittsburgh. The office will initially specialize in office and industrial leasing and sales, with additional capabilities in debt and equity origination. The office will strategically recruit teams that will expand their capabilities into retail, multifamily, and investment sales, as well as add bandwidth across the boa ..read more