Lee & Associates Lists Historic 80K-SF Ballard Building for Sale
Why this matters
Mixed-use is where the most interesting urban repositioning is happening. Office-to-residential conversions in Manhattan, Washington, and Philadelphia have moved from pro-forma exercises to closed transactions, and walkable suburban densification is drawing patient capital with longer hold periods than the traditional core or value-add fund structures support. For allocators, mixed-use offers exposure to multiple property types within a single basis, which has become attractive as monoline sector forecasts have widened.
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On the RET wire
- Disclosed mixed use deal value tracked in August 2026: $911.3M across 8 reported transactions. All Mixed Use coverage →
- 30 stories mentioning Lee & Associates on the wire in the past 90 days. Lee & Associates coverage →
Computed from Real Estate Trail’s own tracked coverage
Lee & Associates announced that the Ballard Building, a historic mixed-use asset, has been listed for sale. Lee & Associates is marketing the 99-year-old property at 2208 NW Market St. for an undisclosed price. The fi…
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