ATLANTA—Lee & Associates is making a bold move in the appraisal and valuation industry. The firm just launched Lee & Associates Valuation and Consulting Services. Daniel Boring and Victor Segrest are leading service line out of the Atlanta office and will offer national coverage.
Lee CEO Edward Indvik tells GlobeSt.com the firm is committed to creating new national service lines even as it continues its national expansion plans: “Valuation and Consulting Services will provide a valuable tool for our brokers and the clients they serve.”
Indvik is also confident he’s hired the right men for the job. Boring, formerly the senior managing director of the Southeast Region for Grubb & Ellis Landauer, is heading the valuation group.
Boring was one of the eight original members of the executive management team responsible for relaunching the Landauer platform in 2010. During his time with Landauer, Boring managed seven offices located within a nine-state region. He previously served in various executive management positions with Cushman & Wakefield, Colliers International and GVA Kidder Mathews.
“The Lee & Associates platform makes this service line a natural fit for the firm,” Boring tells GlobeSt.com. Boring, who has been affiliated with the real estate appraisal and valuation profession for over two decades, explains that the group will provide appraisal, valuation, consulting, research, and receivership services to the banking, financial, corporate, governmental, legal, and investment community.
Segrest, formerly a senior vice president in the Institutional Group at Grubb & Ellis, is joining as an member of the executive management team. A 23-year veteran, he was previously in the investment properties group with CB Richard Ellis. Segrest started his career in Atlanta developing build-to-suit properties with Industrial Developments International. Since 1989, he has completed more than 30 million square feet of real estate acquisition, development, leasing and disposition assignments, with a combined value of more than $1.2 billion.
Grubb could not immediately be reached for comment on the departures. Stay tuned for a follow up exclusive Q&A with Indvik on where the firm goes from here.