Lee & Associates
25 Case Studies
A Lee & Associates Case Study
Lee & Associates was engaged by Sentinel Investments, which had taken ownership of a large, underperforming single-tenant commercial property. The challenge was to reposition the 292,000 SF asset, which suffered from deferred maintenance, low occupancy, and was not originally designed for multi-tenant use, in order to maximize its disposition value.
The solution from Lee & Associates involved a comprehensive approach that included securing a zoning change, performing critical building upgrades for code compliance, and executing exterior improvements. Their specialized team secured three new high-quality tenants, increasing the building's occupancy from 40% to 86%. Lee & Associates' efforts successfully repositioned the asset, leading to its subsequent sale.