ORLANDO—Lee & Associates is still on theexpansion path, establishing its second Florida office and 47thoverall. Lee merged with Southern Commercial Real EstateAdvisors, an industrial-focused brokerage. Lee opened anoffice in Naples in Dec. 2011.

“Our goal in all of our expansion efforts is to partner withtop-notch brokerage firms in a targeted region,” EdwardIndvik, CEO of Lee & Associates, said in a statement.“This has been realized with this move. Their reputation as a topbrokerage firm in the industrial markets in Central Florida istruly noteworthy, particularly since Southern Commercial RealEstate Advisors was founded a short five years ago.”

Lee & Associates has seen rapid growth through therecession. Although the firm was founded in Los Angeles in 1979, itopened 16 new offices since 2007 and has more than 700 expertbrokers nationally. Lee’s Florida territory now spans Orange,Osceola, Seminole, Brevard, Lake, Marion, Polk, and Volusiacounties.

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