Columbia, Md.—Lee & Associates has opened a Maryland office, which will provide an important link with its national and Northeast outreach. Lee & Associates Chesapeake Region, located in Columbia, Md. will be headed by three of the region’s top veterans in commercial real estate and specialists in the Baltimore-Washington Corridor. The new office, located at 6990 Columbia Gateway Drive, Suite 200, Columbia, MD 21046, is Lee’s first in Maryland and the firm’s 47th office in the U.S. and its fourth in the Northeast.
Allan Riorda, SIOR, formerly of KLNB, and Matt Ryan and Tom Whelan of Ryan Commercial, will head the new office, which also will include Kate Jordan, also from KLNB and Dennis Lane and Bill Harrison from Ryan Commercial. Marley Welsh, formally of Cushman and Wakefield, will also be joining the group. Combined, the three have more than 70 years of commercial real estate experience. The office will offer full-service commercial brokerage and will be initially staffed with seven brokers.
Lee Chesapeake Region follows a series of recent Lee office openings in New York, two offices in New Jersey, Naples/Ft. Myers, FL., Charleston, Atlanta, Indianapolis, Kansas City and Greenville, S.C. and underscores Lee’s strategy of nationwide expansion in 2013 and beyond.
The Baltimore-Washington Corridor sits at the heart of America’s fourth largest marketplace, positioned between the nation’s capital, Washington, D.C., and the vital, high value Port of Baltimore. With the National Security Agency, Defense Intelligence Agency, U.S. Cyber Command and three of the four military branch’s cyber commands all located in the Corridor, this area is considered by some to be the epicenter for the world’s cyber industry. In addition, it is home to 400 biotech companies, the FDA, John Hopkins University and the highest median income in the nation.
Riorda, during his tenure with NAI KLNB’s Columbia office, helped manage the industrial department/office division with his primary focus on the Baltimore-Washington Corridor. Prior to NAI KLNB, Riorda was with the New Orleans real estate firm Latter & Blum. Since 1990, he has negotiated more than 750 sales and leasing transactions in the area. He holds a Bachelor of Science degree in business management from Louisiana State University.
Ryan, who formed Ryan Commercial Real Estate in 1997, was with Casey Oncor (principal) and CB Commercial in Baltimore, where he was a first vice president and the top industrial leasing broker and top performing broker in that Baltimore office for eight years. Ryan is also a specialist in industrial sales and leasing in the Baltimore-Washington Corridor. During his career, Ryan has sold or leased over 25 million square feet of industrial space and 1,000 acres of warehouse space in the region. Ryan is a graduate of Mt. St. Mary’s College.
Whelan, who holds a degree in accounting from Mt. St. Mary’s College, was formerly with CB Commercial Real Estate before joining Ryan Commercial in 1997. As an industrial and leasing specialist in the Baltimore-Washington Corridor, Whelan has accumulated a combined warehouse portfolio in excess of seven million square feet and has been involved in more than 330 brokerage transactions totaling about $535 million and over 15 million square feet.