Lee & Associates, one of the nation’s largest commercial brokerage firms, has named its first CEO in its 32-year history. Industry veteran Edward J. Indvik, who has spent the past 20 years with the company, is now its Chief Operating Officer.
Since its 1979 inception Lee & Associates has grown in to a commercial real estate brokerage firm of 43 offices managed by the presidents and managing partners.
“We have maintained those essential, foundational tenets in creating this new CEO position that will allow Lee & Associates to continue its growth and development tools, methods and materials for our clients,†said founder Bill Lee.
Indvik, a 34-year industry veteran, will report to Lee’s owners and presidents to carry out the firm’s strategic objectives. He will retain his position as vice chairman of Lee & Associates’ Investment Services Group, as well as his role as a non-voting chairman of Lee’s Advisory Board.
“With 43 offices and nearly 700 agents, we maintain the long-term goal of continuing our expansion into strategic markets, and thus, the recognition of the evolutionary need for this new structure,†Indvik said.
With administrative offices in Los Angeles, Lee & Associates offers a broad range of commercial real estate services, specializing in the sales and leasing of office, industrial, retail, commercial and multifamily investment and land transactions.
For more information: www.lee-associates.com