Lee & Associates Appoints New President to its West Los Angeles

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Torrance, CA – June 13, 2011 – (RealEstateRama) — In a move further signaling the evolution of one of the nation’s largest commercial brokerage firms, Lee & Associates has named 34-year industry veteran Duncan Lemmon as president of its West Los Angeles office. Lemmon, who has spent more than half his career with Lee & Associates, will head the office, which has been dominant in the creative office/entertainment sector of L.A.’s West Side.

“Duncan Lemmon’s appointment as president of this important Lee & Associates office and market is another sign of our commitment to the major markets throughout the U.S.,” said Lee & Associates CEO Edward J. Indvik. “As we continue adding nationwide offices and broadening our reach into new economic sectors of the country, Duncan will bring the same kind of transition and growth to our West L.A. office by using his 18 years of experience with Lee & Associates.”

Lee’s West Los Angeles office has carved a niche as a pioneer in the conversion of industrial and commercial buildings into entertainment and creative space since opening its doors 16 years ago. In his new role, Lemmon will look to further expand Lee’s stretch into all real estate disciplines, including retail/mixed use, office, investment and industrial to match the office’s depth in the creative/entertainment sector.

“We are recruiting both seasoned and new brokers to our talent pool in order to help meet our goals over the next few years in these disciplines,” Lemmon said. “It is exciting to be part of a firm that is recognizing the evolutionary need to expand into newer business arenas and strategic markets.”

Since its birth in 1979, Lee & Associates has grown to a commercial real estate brokerage firm of 43 offices managed by the presidents and managing partners. A Board of Directors, elected from within the pool of presidents/managing partners, is responsible for setting policy and shaping Lee’s strategic direction. Lee & Associates most recently has added its Greenville, S.C., Kansas City, Kan., and Indianapolis offices, with more slated to come on board in 2011 and beyond.

About Lee & Associates
Celebrating more than 32 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 43 locations across the nation including Arizona, California, Georgia, Idaho, Indiana, Illinois, Kansas, Michigan, Missouri, Nevada, New Jersey, South Carolina, Texas and Wisconsin. With a roster of nearly 700 expert brokers, Lee & Associates provides a wide range of specialized commercial real estate services. Additional information is available at www.lee-associates.com.

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