Lee Sierra | Colliers International | Tampa

Lee Sierra

Director, Industrial Services

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About

Professional Summary

L.B. Sierra joins Colliers Tampa Bay as a Director of Industrial Services. L.B. previously served as Director of Brokerage and Leasing for Cardinal Point Real Estate, an affiliated full service commercial and residential real estate brokerage operation based in Tampa. 


Mr. Sierra has facilitated multi-million dollar lease and purchase transactions with high profile commercial clients such as Raymond James, Lincoln Financial, ALDI, Chase Bank, and Darden Restaurants. Mr. Sierra is actively involved in a variety of real estate professional organizations and currently sits on the Board of Directors for the Society of Real Estate Professionals (“SOREP”).  

Education

He earned a Bachelor of Science degree in Business Management from the University of Central Florida and a Master of Business Administration (“MBA”) from the University of Tampa. Prior to joining Cardinal Point, Mr. Sierra was an associate with Avison Young, a full-service commercial real estate firm.

Memberships & Involvements

  • Member of the University of Tampa MBA Alumni Association
  • Member of the University of Central Florida Alumni Association
  • Volunteers with the First Tee of Tampa Bay
  • Volunteers with the Gasparilla Music Festival. Also a Higher Ground member
  • Member of the Society of Real Estate Professionals (Board Member)

Services

Service Lines
Landlord Representation, Tenant Representation, Capital Markets
Property Types
Industrial
Featured Research
Jul 30, 2020
Increasing Activity, Challenges Still Remain
The second quarter of 2020 began with an unprecedented pause in activity for the Tampa Bay Retail market. Nearly every retailer, except those deemed essential during the COVID-19 pandemic, temporarily closed their doors either voluntarily or through government orders. Investors were pencils down and lenders halted underwriting and decision making. Tenants interested in the market paused or delayed tours, and many properties were pulled off the market in a wait-and-see approach. However, as the quarter progressed, the retail market throughout greater Tampa Bay began to thaw and, although many government orders and restrictions remain, pockets of activity began to come back to the market.
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Jul 30, 2020
Steady Activity Amidst a Global Pandemic
Although the true long-term impacts of COVID-19 (Coronavirus) across the broader economy remain unknown, the local industrial market in Tampa Bay remained poised for growth. Net absorption, a strong indicator of market performance, registered one of the largest positive net absorptions in recent history at 1.8 million square feet. Leasing volume, which is a precursor to absorption also increased registering over 2.8 million square feet of recently signed leases, nearly 1 million square feet more than the previous quarter. Big box tenants were the primary activity generators, completing six lease transactions, accounting for over 1.8 million square feet in transactions. The second quarter displayed a gain in momentum and an overwhelming drive for e-commerce product.
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Apr 30, 2020
Industrial: The New Virtual Retail Storefront
The first quarter of 2020 will forever be marked as one of the most dynamic quarters in history for the industrial market throughout the Greater Tampa Bay region. As the 2020 year began, activity throughout (sales, leasing, construction) remained active and, in most cases, more active than year-end 2019. The flex market, albeit active for some time, began garnering more attention as tenants looked to potentially reduce costs from Class B office space into more affordable and comparable flex space. Interest rates were at near all-time lows, providing cost-effective financing that helped to bolster and carry on the 10-year record growth of development and investment activity experienced throughout the market. Unemployment in the region, the lowest in recent history and well below the national average, was championed by many in the local market.
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Featured News
Sep 16, 2019
Colliers International Tampa Bay grows Industrial Services team with new hire
Colliers International Tampa Bay has hired L.B. Sierra as Director, Industrial Services. In his new role, Sierra will work with industrial experts Ryan Vaught, Executive Managing Director of Industrial Services; Robyn Hurrell, Director of Industrial Services; Oliver de la Croix-Vaubois, Sales Associate; and Debi Stolberg, Client Services Coordinator, to further expand the firm’s industrial services platform.
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