Lee & Associates Raleigh Durham Wilmington recently announced that Wilmington native Nelson MacRae III has been promoted to associate broker role at the firm’s Wilmington office.
"MacRae’s career progression reflects Lee & Associates’ commitment to developing talent from within and creating opportunities for team members to grow throughout their careers," according to a news release. "He first joined the firm as an intern, then advanced to Research Analyst, and is now an Associate Broker, gaining experience in market research, financial analysis, development, and commercial real estate at each stage."
As a research analyst, MacRae worked with the Wilmington brokerage team to evaluate market trends, analyze commercial real estate opportunities and support client assignments, the release stated. In his new role, he will build on that experience while working more directly with clients throughout Wilmington and coastal North Carolina, according to the release.
Before joining Lee & Associates, MacRae gained experience with Zimmer Development Co., Live Oak Bank and Intracoastal Realty.
“Nelson has consistently demonstrated the initiative, curiosity and commitment to deepen his understanding of commercial real estate,” said Sandy Thorpe, managing director of Lee & Associates Raleigh Durham Wilmington. “His local market knowledge and experience in research, finance, and development provide a strong foundation for his continued growth in brokerage.”
MacRae earned a bachelor's degree in business administration with a concentration in real estate and a master’s in finance and investment management from the University of North Carolina Wilmington.