COLUMBIA, MD — The recent opening of four Lee & Associates full-service commercial real estate brokerage offices in Miami, Florida; Raleigh, North Carolina; and Cincinnati, Ohio leaves Boston and the Washington, D.C./Northern Virginia region as the last remaining major markets on the East Coast of the United States without a Lee & Associates presence. That could change soon, according to Allan Riorda, SIOR, President/Principal, Lee & Associates in Maryland, who indicates the company is currently searching for the “right fit” in the Nation’s Capital, with a new office expected to open within the next two years. “The DC/Northern Virginia office will leverage and expand upon the tremendous relationships our Maryland team has created and fostered among commercial real estate owners, investors, companies, brokerage firms and related professionals,” explained Allan Riorda of Lee & Associates. “We currently service sections of that region and believe existing fundamentals including a diverse corporate base, proximity to the Federal Government, a strong labor market and modern infrastructure network will continue to build momentum in the foreseeable future. At this point, we are working to identify the appropriate office location to service the region, which will be followed by a strong recruitment effort.”
Following expansion into Miami