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BOISE, ID-The Winder Co., a locally based full-service brokerage company that has been around for 29 years is now minority-owned by Lee & Associates-LA North/Ventura Inc. and will be renamed Lee & Associates Idaho. Winder Co. founder Chuck Winder and his son Dave Winder also sold a minority stake to two fellow Idaho brokers, Matt Mahoney and Miles Mahoney. The Winders and the Mahoneys are all principals in the new company along with Lee & Associates-LA North/Ventura Inc.

“This region is one of the fastest growing areas in the United States,” Winder says. “This acquisition [by Lee & Associates] not only provides our established local client base [additional] resources but also provides Lee with an immediate presence of seasoned brokers.”

Mike Tingus, managing principal of Lee & Associates-LA North/Ventura, Inc., says he identified the Lee Idaho expansion opportunity after watching real estate investment dollars flow into the Idaho area from the Southern California region. He reasoned that Lee Idaho would benefit from that synergy and offer an ideal opportunity to expand the Lee presence not just into Idaho but through the Pacific Northwest as well.

Matt Mahoney, who specializes in multifamily and retail properties, and Miles, who is a multifamily, land and build-to-suit specialist, have been active in commercial and investment real estate in Idaho, Arizona, California, Oregon and Montana since 1994. Matt Mahoney has founded two independent investment groups. Miles Mahoney previously served as general manager for a major private software manufacturer.

Dave Pugh and John Meyer round out the Lee Idaho team. Ownership hopes to add 12 more brokers by the end of the year.

Lee & Associates is a Southern California-based network of independent brokerage firms. As a member of the network, new offices send 6% of their gross profits to Lee & Associates nationally.

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