ORLANDO—Lee & Associates is still on the expansion path, establishing its second Florida office and 47th overall. Lee merged with Southern Commercial Real Estate Advisors, an industrial-focused brokerage. Lee opened an office in Naples in Dec. 2011.

“Our goal in all of our expansion efforts is to partner with top-notch brokerage firms in a targeted region,” Edward Indvik, CEO of Lee & Associates, said in a statement. “This has been realized with this move. Their reputation as a top brokerage firm in the industrial markets in Central Florida is truly noteworthy, particularly since Southern Commercial Real Estate Advisors was founded a short five years ago.”

Lee & Associates has seen rapid growth through the recession. Although the firm was founded in Los Angeles in 1979, it opened 16 new offices since 2007 and has more than 700 expert brokers nationally. Lee’s Florida territory now spans Orange, Osceola, Seminole, Brevard, Lake, Marion, Polk, and Volusia counties.