Lee & Associates is looking for a partner for its first office in Miami. One of the largest brokerages on the West Coast, the company has more than 55 offices nationwide, of which three are located in Orlando, Naples and Fort Myers. The reason the company has decided to expand to Miami is because many of its clients in other locations throughout the country want to invest there.
“We are meeting with teams of brokers that are affiliated with other brokers and those who are entrepreneurial in nature who want to be affiliated with a national brand,” said Jeff Rinkov, CEO of Lee & Associates. Rinkov said it costs between $500,000 and $2.5m to establish a new office, depending on the size and market.