Archives

BLOOMINGDALE, Ill. - February 26, 2014 - (RealEstateRama) -- & Associates, the largest broker-owned commercial real estate firm in the country, has negotiated a 10-year, $5 million lease for a 110,063-square-foot industrial property located at 171 Covington Drive in Bloomingdale, Ill.

CHICAGO - January 29, 2014 - (RealEstateRama) -- Rick Scardino, a 26 year veteran who founded the Retail Division of Lee & Associates’ Illinois office in 2010, has been promoted to principal, the firm has announced.

CHICAGO - December 16, 2013 - (RealEstateRama) -- In recognition of 39 years of excellence in real estate, James Planey, SIOR, principal at Lee & Associates Illinois, was the one of the recipients of the 2013 Leaders of Lee award at the Lee broker’s summit, which was held recently in Las Vegas. The award was created to give recognition to those who have made exceptional contributions to the firm and the industry, as a whole

Torrance, CA - June 6, 2013 - (RealEstateRama) -- Rick Scardino, Director of Retail Brokerage of Lee & Associates of Illinois, LLC, represented Red Robin in four new leases in Illinois, two in Northern Illinois and two in Central Illinois.

Torrance, CA - November 6, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest and fastest growing full-service national commercial real estate providers, has closed a $7 million industrial sale at 2230-2300 Ridge Drive in Glenview, Ill.

Torrance, CA - September 24, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest broker-owned commercial real estate firms in the country with regional expertise, has closed a 145,000-square-foot industrial sale at 903 Carlow Drive in Bolingbrook, Ill. The terms of the deal were not disclosed.

Torrance, CA - August 16, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has negotiated a 10-year industrial lease for a 236,273-square-foot unit in a Class-A distribution facility in Joliet, Ill. Located at 3500 Corporate Dr., the facility, a total of 442,484 square feet, will be the new home to Johnstone Supply Inc.

Torrance, CA - August 10, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest and fastest growing full service national commercial real estate providers has negotiated the $12 million long-term lease for two floors of the President’s Plaza Complex at 8700 Bryn Mawr Ave. in Chicago.

Torrance, CA - March 28, 2012 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a long-term 91-month lease for a 298,123-square-foot industrial space located at 284 Lies Road in Carol Stream.

Torrance, CA - January 18, 2012 - (RealEstateRama) -- The Illinois office of Lee & Associates, one of the largest commercial real estate firms in the country, has closed on the sale of a 146,798-square-foot industrial building located in St. Charles, Ill. The sale price is undisclosed.

Torrance, CA - September 19, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate firms in the country, continues its torrid growth in the Midwest retail brokerage scene by adding a pair of senior vice presidents to its Chicago office. Joseph Herron and Jason Sorce have both joined Lee & Associates Chicago to help bulk up the firm’s retail brokerage as part of its rapid expansion in the Midwest.

Torrance, CA - February 22, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 10-year lease for a 48,300-square-foot build-to-suit industrial building located within the Fox River Business Center on Airport Road in Elgin. The value of the transaction is undisclosed.

Torrance, CA - October 28, 2010 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a long-term lease for a 30,646-square-foot office space located at 1717 Park St. in Naperville. The value of the lease is approximately $6.5 million

Melrose Park, IL - September 29, 2010 - (RealEstateRama) -- The Specialty Practice Group, a division of Lee & Associates Asset Management Group (LAM), has been appointed as receiver of a 500,000-square-foot office and industrial complex in Melrose Park, Ill., by the Cook County Court System.