Lee & Associates Marks its Debut in Ohio with its 50th Office
Lee & Associates Cleveland is the firm’s seventh office in the Midwest
CLEVELAND, Ohio— August 19, 2014 — Lee & Associates, remaining committed to its ongoing mission of national expansion, has opened its 50th office. Lee & Associates Cleveland, which emerged from the unification of three key principals in the Ohio and Cleveland real estate markets, will be headed by Bradley Coven SIOR, Jeremy Steiger and Joseph Greenberg. The office, which will temporarily be located at 3659 Green Road, Suite 201 while a new location is found, is Lee’s seventh office in the Midwest and its first in the state of Ohio.
“This marks a significant move on our part to get a foothold in the Ohio market as well as growing our Midwest presence and adding an additional outreach to all our offices nationwide,” said Jeffrey M. Rinkov, CEO and chairman of the board of Lee & Associates. “It’s only fitting that our 50th office would be headed by three outstanding individuals in Bradley, Jeremy and Joseph, who will give us expert leadership and services in the Cleveland commercial real estate market.”
Lee & Associates Cleveland follows a series of recent Lee office openings in New York, New Jersey, Baltimore, Naples/Ft. Myers, FL., Charleston, Atlanta, Indianapolis, Kansas City and Greenville, S.C. and underscores Lee’s methodical and opportunistic strategy of nationwide expansion in 2014 and beyond.
In the last two years, Cleveland has been gaining attention for its downtown activity in business and job growth. Indeed, the city was recognized by Forbes Magazine as one of the top 15 emerging downtowns in the United States for 2012 and 2013 and has become an attractive city for businesses interest. According to statistics for the last two years, downtown Cleveland has seen the creation of 4,300 jobs in the downtown area. Downtown Cleveland’s $3.5 billion development boom continues to gain momentum in attracting new residents, businesses and major investments, especially around Ohio, which is home to 28 Fortune 500 companies. Cleveland and its surrounding communities benefit from a diverse economic base that includes healthcare, manufacturing, federal government and professional services firms. In addition, Cleveland boast one of the top areas for healthcare with world class hospitals (Cleveland Clinic & University Hospitals), the newly constructed Global Center for Health Innovation, the Cleveland Convention Center and dozens of biotech start-ups launched from a local pool of talent. The NASA John H. Glenn Research Center at Lewis Field has been a magnet for attracting and retaining researchers and innovators in many scientific disciplines, and continues to be a major economic generator for the region.
Coven, a 16 year veteran in commercial real estate, comes from the firm Coven-Goldman Associates, a 65-year old, full-service commercial real estate firm that specializes in real estate development, real estate brokerage and property management. Coven-Goldman will continue in business as a development company, real estate investor and property manager that owns and operates more than 1.5 million square feet of office and warehouse space. An expert in landlord and tenant representation, leasing and sales of office and industrial space within the Greater Cleveland real estate market, Coven, who was with CB Richard Ellis Cleveland prior to joining Coven-Goldman in 2001, is a principal with the Coven-Goldman. With his extensive knowledge in the Cleveland market coupled with his close-knit relationships with clients and the business and commercial real estate community, Coven, who holds a degree in business administration from the Miami University in Ohio, has the distinction of being one of Cleveland’s top brokers.
Since Jeremy Steiger started his real estate career in the Cleveland area in 1996, he has emerged as one of Cleveland’s top brokers whose specialization includes representing landlords in the lease or purchase of office and light industrial property. During his real estate career, which included the formation of his own company, Select Ohio in 2010, he has represented owners of office and light industrial property in procuring tenants and buyers and is highly regarded in his tenant representation work with local and national companies and organizations. His resume includes an impressive list of medical office transactions and he has successfully negotiated complicated leases and building purchases for some of the finest practices and hospitals in Cleveland. Steiger is a graduate of Yeshiva University, Syms School of Business in New York.
A graduate of Indiana University, Joseph Greenberg has 15 years of commercial real estate experience. For the last seven years, he has run, Greenberg Real Estate Advisors, which specializes in Landlord representation. Over his career, Joseph has been recognized as a top advisor to clients in both the strategic and tactical components of their real estate plan. His hard work and creativity has generated creative, economical and timely solutions to often complicated transactions. At the time of his transition from Greenberg Real Estate Advisors to Lee & Associates, the firm handled leasing of nearly 4 million square feet in Northeast Ohio.
"Jeremy, Joseph and I are extremely excited about this opportunity to be part of Lee & Associates. Our decision was carefully thought out and it became apparent that if we wanted to accomplish all our goals, Lee would help us arrive there," said Coven. "The ability to have a national outreach with an exceptional group of brokers in the Midwest and nationwide is a rare opportunity and we look forward to building our office, expanding our markets and service groups and contribute to the firm’s national platform."
Lee & Associates Cleveland can be contacted at: 216-282-0100.
About Lee & Associates
Celebrating more than 35 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the country with 50 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, South Carolina, Texas, and Wisconsin. With more than 750 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. Additional information can be found on our website and you can also follow us on Facebook, LinkedIn and Twitter.