The Real Deal New York

Lee & Associates opens I-sales shop

The leasing brokerage hired staff from Venture Capital Properties, Popkin Group and Eastern Consolidated
July 30, 2018 04:35PM

From top: Paul Popkin, Vickram Jambu, and the Queens skyline (Credit: LinkedIn and iStock)

On the heels of launching a residential division, Lee & Associates NYC announced Monday that it formed a nine-person investment sales team.

The group will focus on sales between $20 million and $200 million in Manhattan, Brooklyn and Queens, Commercial Observer reported. It has three managing directors: Vickram Jambu and Chris Varjan, both formerly of Venture Capital Partners, and Paul Popkin, formerly of the Popkin Group. The team also includes two analysts from the recently shuttered firm Eastern Consolidated.

“The firm has shown steady growth while adapting to a changing retail leasing landscape,” Popkin told CO. “It was very important to me to join a firm with a solid reputation as well as an eye to the future.”

In June, Lee & Associates announced its residential venture in New York. [CO] — Will Parker

Correction: The original version of this web story misidentified the positions of the two former Eastern Consolidated individuals. They will be analysts, not brokers.