Lee & Associates Opens Valuation Service Line in Chicago


The Chicago office is headed by two of the region’s top veterans in valuation and appraisal

CHICAGO, IL – March 20, 2013 – (RealEstateRama) — Lee & Associates Valuation and Consulting Services, a new service line of commercial real estate firm Lee & Associates, has announced the opening of its Chicago office. The office is headed by Christopher B. Myers, MAI, with Nicholas Cipriano, both well-known and respected veterans within the appraisal industry.

“With Chris and Nick leading our efforts in Chicago, clients can be assured of consistent, high quality service,” said Daniel Boring MAI, chief executive officer of Lee & Associates Valuation and Consulting Services. “Our strength is working with the other real estate professionals in Lee & Associates to develop superior market knowledge at a national and local level. Chris and Nick are highly respected professionals with 35 years of combined experience. Their integrity and expertise will be invaluable and they will assume key roles in our organization as we continue to expand our national footprint. We are thrilled to have two individuals of Chris and Nick’s caliber joining our firm.”

In January, Lee & Associates, a national full-service commercial brokerage firm, launched Lee & Associates Valuation and Consulting Services. Based in Atlanta, Boring, who along with Chief Financial Officer Victor Segrest, head the national service line.

“Nick and I are extremely excited that Lee & Associates has given us this opportunity,” said Myers. “Our appraisal experience in this region is extensive and we are looking forward to working with other Lee & Associate professionals in providing best in class services to their clients.”

Myers is the managing director of the Chicago office and will be responsible for production, operations and management for the region. He has 25 years of valuation experience throughout the U.S. He has completed fee simple, leased fee, leasehold, sandwich leasehold, condominium and air rights valuations. He has extensive experience in the appraisal and valuation of special use properties including high-end hospitality, marinas, student-housing facilities, museums, sports facilities, performing arts facilities and university campuses. Myers has been recognized as an expert witness before the State of Illinois Property Tax Appeal Board. Prior experience includes Argianas & Associates, the Retail Properties Group of Koeppel Tener Real Estate Services, Inc. and the National Hospitality Group of CB Richard Ellis Inc.
Cipriano is a certified general appraiser with over 10 years of experience. He has extensive experience in the valuation of a variety of complex special use properties including high rise office buildings, regional malls, hospital campuses and ambulatory surgical centers, airport facilities, hotels, educational facilities, farms and equestrian estates, greenhouses, tank farms and river barge shipping facilities, rail yards, power plants and paper mills. Cipriano previously worked at Argianas & Associates.

“We are excited to work with the Lee & Associates Chicago office in expanding the service line,” said Segrest. “Valuation and consulting services will be a valuable resource for their clients.”

The national office of Lee & Associates Valuation and Consulting Services is located 3500 Lenox Road, Suite 200, Atlanta, Ga. 30326. Tel: 404-781-2103. The Chicago office is located at 9450 W. Bryn Mawr Avenue, Suite 550. Tel: 773- 355-3048

About Lee & Associates
Celebrating more than 34 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 46 locations across the nation including Arizona, California, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas and Wisconsin. With a roster of nearly 730 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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