Lee & Associates has named Phil Royster as its president of strategic growth. The newly created position will have Royster overseeing all of the company’s expansion efforts. Among the responsibilities will be identifying growth opportunities and establishing the company\u2019s strategy for new office acquisitions and the formation of new Lee & Associates companies nationwide. Plan’s call for Royster to work closely with Lee\u2019s regional company presidents in indentifying these potential partners. He will be based in the company\u2019s Sherman Oaks office where he will work alongside Lee\u2019s L.A. North group president Mike Tingus. The appointment is effective immediately. Royster is a 35 year veteran of the commercial real estate industry, having spent 25 years with Grubb & Ellis Inc. While there, he created the firm\u2019s affiliate program, which cultivated partnerships with independent real estate services firms for North American clients. He served as Grubb\u2019s senior vice president, regional manager and president of the Western Region, which became the company\u2019s highest revenue earning unit.Company founder Bill Lee expressed his pleasure at the appointment. He praised Royster\u2019s management philosophy, noting in a statement, \u201cBuilding on our unique business model of independent, broker-owned offices requires the kind of entrepreneurial, team approach that he has employed throughout his career.\u201d Royster cited the personal relationship he has developed with Lee as one of the motivating factors for making the move to Lee & Associates. \u201cI\u2019ve known Bill Lee for 30 years and I\u2019ve got tremendous admiration and respect for what he\u2019s been able to accomplish.\u201d The firm, founded by Bill Lee in 1979, is a real estate investment that has regional companies nationwide. In a recent transaction, the firm represented Room & Board in the lease of a 40,000 square foot store in Culver City in the Los Angeles market, as reported by CPN.<\/p>\n","protected":false},"excerpt":{"rendered":"
Lee & Associates has named Phil Royster as its president of strategic growth. The newly created position will have Royster overseeing all of the company’s expansion efforts. Among the responsibilities will be identifying growth opportunities and establishing the company\u2019s strategy for new office acquisitions and the formation of new Lee & Associates companies nationwide. Plan’s…<\/p>\n","protected":false},"author":1314,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1003831822","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"\n