The new office will operate under the direction of Ed Indvik, president of Lee & Associates' Riverside County operations, with brokers in the new office to serve the greater Coachella Valley area. Indvik describes Palm Desert as "one of the fastest growing emerging markets in Southern California," adding that the opening of the new location is part of the company's strategic plan to capture real estate opportunities in growing and expanding markets. The firm plans to open offices in every significant central business district and submarket by the year 2010, including significant expansion in the Northeast, Southeast, Midwest and Northwest regions of the country.
The four co-founders of the Palm Desert office include Robert Young, senior vice president and shareholder; Polo Doria, senior vice president and shareholder; Noel Ramos, vice president and shareholder and Dallas Pulliam, vice president and shareholder. The firm's Palm Desert team includes veteran brokers who specialize in the local market and have wide-ranging experience in leasing and sales of office, industrial, retail properties and land investment.
Indvik says that the office founders will be in a position to take advantage of growth that includes a population base projected to double in 10 years. The new office is at 41990 Cook St., a location in the center of the Coachella Valley market as well as central to most office and business parks in the area.
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