Expertise Across Every Stage of the Ownership and Occupancy Cycle

Advisory support for planning, positioning, and execution across the ownership and occupancy cycle, helping clients evaluate options early, create leverage through timing and structure, and execute with clarity when decisions matter.
Discuss a Real Estate Decision
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Aerial black and white view of industrial area with buildings and mountains
Aerial view of industrial park with warehouses, trucks, and parking lots
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Investment Sales & Acquisitions

Advisory built for owners weighing buy-and-sell decisions.

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Helping private investors, family offices, and institutions evaluate acquisition and disposition decisions across San Diego’s industrial, flex, and office markets. Spencer advises on timing, valuation, and market context so transactions are entered deliberately, with positioning and assumptions clearly understood before execution.

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Core Services:

  • Asset valuation and broker opinion of value (BOV)
  • Disposition strategy and marketing execution
  • 1031 exchange advisory and reinvestment support
  • Off-market and pre-market opportunity sourcing

Owner-User Sales & Acquisitions

Advisory built for business owners who also own their real estate.

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Guiding owner-users through the full purchase and sale process - balancing real estate strategy with operational needs. Whether you’re expanding, consolidating, or planning an exit, our approach aligns your occupancy goals with long-term ownership value.

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Core Services:

  • Site selection and acquisition due diligence
  • Financial modeling and SBA/conventional financing guidance
  • Sale-leaseback and occupancy restructuring
  • Comparative market analysis for relocation or expansion
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Landlord Representation

For owners navigating leasing decisions.

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Helping landlords work through leasing decisions with a clear understanding of economics and longer-term implications. Spencer advises on tenant demand, lease structure, timing, and renewal dynamics so leasing choices are made deliberately rather than reactively, recognizing the role leasing plays in long-term asset performance.

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Core Services:

  • Lease-up and renewal strategy
  • Financial modeling and rent projections
  • Market positioning and competitive analysis
  • Direct tenant and broker engagement
  • Lease structuring and term optimization

Tenant Representation

Real estate aligned with business requirements.

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Guiding occupiers through renewal, relocation, expansion, and consolidation decisions. Spencer helps businesses evaluate market options, lease structures, and operational considerations so occupancy decisions support business needs, capital planning, and flexibility over time.

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Core Services:

  • Space planning and needs assessment
  • Market search and comparative analysis
  • Financial modeling and lease negotiation
  • Renewal, expansion, and relocation strategy
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Valuation & Advisory

Analysis designed to support decision-making.

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Market intelligence is the foundation of every recommendation. We provide detailed financial analysis, lease review, and submarket trend data to guide owners, investors, and users through strategic planning.

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Core Services:

  • Broker opinions of value (BOVs)
  • Rent and expense benchmarking
  • Lease review and renewal scenario modeling
  • Hold/sell and refinancing analysis

Portfolio Strategy

Portfolio-level decision guidance.

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Supporting investors as they evaluate portfolio composition, capital recycling, and transition scenarios. From tax-deferred exchanges to strategic repositioning, Spencer helps clients assess options, timing, and constraints early so portfolio decisions are made with clarity before execution.

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Core Services:

  • 1031 exchange coordination and property sourcing
  • Market and submarket comparison
  • Portfolio optimization and diversification strategy
  • Long-term hold and exit planning
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National Platform.
Local Execution.

As part of Lee & Associates, Spencer combines the reach of 75+ offices and 1,500+ professionals nationwide with the precision and accountability of a local advisor. Every assignment is approached with the rigor of an institutional firm and the focus of a San Diego specialist - ensuring clients receive best-in-class strategy, communication, and execution from start to finish.

Considering Your Next Move?

Real estate outcomes aren’t won at execution, they’re built in the planning. Evaluating options, testing scenarios, and positioning early creates leverage long before a decision is forced.
Discuss a Real Estate Decision