News

Commercial Real Estate Visionary and Founder of Lee & Associates, Bill Lee, Dies at the Age of 78

FOR IMMEDIATE RELEASE: Lee Founded Lee & Associates in 1979; The Company is Now One of the Largest Commercial Real Estate Firms in North America April 6, 2021 (LOS ANGELES, CA) – It is with sadness that Lee & Associates announces that company founder, Bill Lee, passed away after a long battle with cancer and cancer-related complications last night....

Lee & Associates Announces Closed Transactions for March 2021

MYERS, Fla. (March 2021) – Lee & Associates, the largest broker-owned commercial real estate firm in the nation, announced today it recently completed the following transactions: Sales Atlas Exchange 231, LLC purchased a 30,000sf industrial /flex building on 2.12 acres at 820 NE 24th Lane, Cape Coral from Brookline Development Company, LLC for $1,850,000. Brock...

Industrial construction set for growth along Alico Road

Published News-Press, Tuesday, March 30, 2021 The Alico Road quadrant just west of I-75 continues to grow into a cluster of industrial construction activity. Seagate Development Group has announced yet another new industrial park. Rice Insulation and White Cape Construction Supply will be tenants. Jeff Rueffer of White Cap Construction Supply and Todd Bloker of...

Lee & Associates grows presence in the south with latest Expansion: Naples, Florida

Seated left to right: Brock Rasmussen, Bill Young, Jeff Buckler, Biagio Bernardo, and JamesWalls; Standing left to right: Claire Searls, Thomas Webb, Michael Mahan, and Elli Shufflebarger May 26, 2020 (NAPLES, FL) – Lee & Associates, the largest broker-owned commercial real estate firm in North America, announces the opening of a Naples, Florida location. The office will...

Lee & Associates Names Derek Bornhorst President

For Immediate Release: FORT MYERS/NAPLES, Fla. (March 30, 2021) — Derek Bornhorst has been named president of Lee & Associates in Southwest Florida as the commercial real estate firm grows its presence in the region. Bornhorst, a perennial top producer at Lee, has represented numerous blue-chip companies expanding in Southwest Florida since he joined Lee...

Seagate Development Group announces Alico Trade Center

by Kaitlin Sherman, Seagate Development Group, Naple Daily News. Published 6:01 a.m. E.T. March 27, 2021 Seagate Development Group has announced Alico Trade Center as the name for a 40-acre business park coming to Alico Road and I-75 in Fort Myers. Seagate owns and will develop this commercial land. Lee & Associates is handling design-build...

Closed Transactions from Lee & Associates/Naples-Ft. Myers for February 2021

Sales Sunset Palm Properties, LLC purchased a 39,775sf industrial complex (3 buildings) on 5 acres in the Billy Creek Commerce Center at 5001-5021 Luckett Rd., Ft. Myers from Mazzolin Lemar LP for $3,410,000. Derek Bornhorst, SIOR, CCIM, Bob Johnston, SIOR and Jerry Messonnier, SIOR of Lee & Associates|Naples-Ft. Myers negotiated the transaction. i2 Visual Inc....

Lee & Associates|Naples-Ft. Myers Closed Transactions for January 2021

Sales Terminal Access Park LLC purchased 80 acres on Treeline Ave. S., just north of Terminal Access Rd. (Exit 129, I-75) and adjacent to the Southwest Florida International Airport in Ft. Myers from Treeline Ventures LLC for $4,225,000. Derek Bornhorst, SIOR, CCIM, Bob Johnston, SIOR and Jerry Messonnier, SIOR of Lee & Associates|Naples-Ft. Myers represented...

Lee & Associates Announces Closed Transactions for November-December 2020

Sales 2190 Kirkwood, LLC purchased 1.06 acres in the Naples Commercial Center at 2180 & 2190 Kirkwood Ave., Naples from Kirkwood Land Holdings, LLC for $2,100,000. Brock Rasmussen of Lee & Associates|Naples-Ft. Myers represented the buyer and Bill Klohn of Bayfront Realty represented the seller in this transaction.  Paradise West Properties LLC purchased a 4,000sf...

Forecast 2021: Commercial real estate strong in Southwest Florida

Experts predict commercial real estate to improve next year. Lee & Associates Published in Naples Daily News 6 a.m. ET on December 28, 2020 Commercial real estate in Southwest Florida is in an enviable position – relative to the rest of the country – and it’s poised to improve next year. Consider these key contributors:...