Broker-owned Lee & Associates continues its intense expansion mode as it seizes the opportunity to open a new office in Pasadena.
"Pasadena is a crucial market due to its central location within the Los Angeles County," said Principal Christopher Larimore, a senior vice president and shareholder in the Industry Office of Lee & Associates. "With over 50 million square feet of non-industrial commercial properties located within this city, there are only a small handful of full service commercial brokerage firms operating inside this city. The solution was to maintain the innovative culture at Lee & Associates and bring it to Pasadena."
According to the press release of Lee & Associates in Business Wire, the Industry Office of Lee & Associates, the largest broker-owned commercial real estate firm in the United States, will manage the new office in Pasadena that is located at 155 N. Lake Avenue, Pasadena. Larimore, who specializes in sales and leasing of office, medical and neighborhood retail properties in the San Gabriel Valley and Greater Los Angeles, has been with Lee & Associates. Larimore is also the founder of The Office Market Group San Gabriel Valley.
"We have been looking for the proper talent to fill a void in this specific area to improve our Southern California outreach, particularly with office and retail clients," said Jeffrey Rinkov, CEO of Lee & Associates. "This region and market is extremely important for our clients and our brokers, and provides a key location for brokerage opportunities and expansion. And while Lee & Associates has been engaged in extensive expansion outside of California, we will move on strategic opportunities that are meaningful to our clients whenever they arise."
Lee & Associates is the largest broker-owned firm in North America that provides a wide range of specialized commercial real estate services on a local, regional and national level. At present, Lee & Associates has more than 800 brokers nationwide and offices across the nation, including in California, Colorado, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Vancouver BC and Wisconsin.
