Market Overview

Lee & Associates Opens New Office in Miami

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The Miami office will give Lee & Associates its
third office in Florida

Lee & Associates has added Miami to its national office roster, giving
the largest broker-owned commercial real estate firm in North America
its third office in Florida. The Miami office, which is located at 7925
NW 12th Street in Miami, will be headed by veteran broker and 4th
Generation Miami native Matt Rotolante, SIOR, CCIM, who formerly was
Managing Director of the Miami office of Sperry Van Ness (SVN).

"Miami and the Dade County region has always been a crucial location for
our national and regional expansion plans," said Lee & Associates CEO
Jeffrey Rinkov. "We are very fortunate to have secured Matt and his team
in the opening of this office. His knowledge of the Miami and Florida
markets are indeed impressive. But more importantly, Matt's track record
and his goals for his office—expansion and growth in transaction
activity—will provide outstanding inter-office brokerage opportunities
for our other offices nationwide and in Canada and our partners in
Europe."

Founding Principal Mr. Rotolante, who was with SVN from 2009 to 2018,
was the Managing Director of the Miami office for eight years. During
this time, the broker roster ranged from seven to 15 agents and averaged
between $1 million to $2 million in GFI sales.

"The Lee Partnership model will be a refreshing opportunity for Senior
Brokers in our marketplace who recognize the value of national branding,
dedicated resources and a Top 10 National network to leverage on behalf
of the clients, while also having the opportunity to qualify for profit
share that ultimately results in the highest net earnings per
transaction that our industry can offer," said Mr. Rotolante.

In addition to Mr. Rotolante, key personnel of the Lee & Associates
Miami team include Mark King, Ivelisse Pietri, Charlie Steinmetz,
William (Bill) Hemingway, MAI and Jose Arroyo.

About Lee & Associates

Lee & Associates is a commercial real estate brokerage, management and
appraisal services firm. Established in 1979, Lee & Associates has grown
its service platform to include offices in the United States and Canada.
Lee & Associates provides superior market intelligence in office,
industrial, retail, investment and appraisal to meet the specialized
needs of our clients. For the latest news from Lee & Associates, visit
lee-associates.com.

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