Lee & Associates Brokers in South Florida, Tampa Bay Collaborate on Industrial Property Sale
Principal Greg Milopoulos and Senior Vice President Christian Baena complete transaction on behalf of repeat client, in partnership with Julia Silva and Erika Thompson
TAMPA, FL (October 4, 2024) – Lee & Associates South Florida Principal Greg Milopoulos and Senior Vice President Christian Baena worked with Lee & Associates Tampa Bay’s Julia Silva, SIOR and Erika Thompson, SIOR to successfully broker the sale of an industrial building in Tampa. The seller is a repeat client of Milopoulos and Baena.
The $2.3 million transaction was a testament to the brokers’ creativity and resourcefulness. The 8806 Venture Cove building was originally being marketed for lease, but Milopoulos was able to negotiate a desirable price for their client, Dram Margate, LLC, to instead sell the property to VC Properties, LLC.
Located within 301 Industrial Park, the 17,156-square-foot building features two drive-in doors, three truck-well doors for dock-high access, a 2,200-square-foot office, 18’ clear height and 10 parking spaces.
Milopoulos and Baena have brokered three additional sales for this client and are marketing properties in New Jersey and Massachusetts on its behalf.
“The efficiency and simplicity we are able to offer clients that hire our team to represent them in various markets across the U.S. truly shine through,” Milopoulos said. “Between my background in construction management and our ability to travel anywhere to put the right team in place, we substantially streamline the real estate transaction process. We encourage anyone seeking a single point of contact for all of their real estate needs to reach out.”
Milopoulos and Baena have more than 20 years of development, investment sales, landlord and tenant representation experience in South Florida. They joined Lee & Associates South Florida in 2023, with Milopoulos heading up the firm’s Broward County industrial activities out of its Deerfield Beach office, and Baena working out of its Miami office.
The duo has closed on just over 150,000 square feet of sales and leases this year. They collectively work together representing clients in dispositions and generating investment sales opportunities throughout the tri-county area.
“Greg and Christian continue to find creative ways to leverage their relationships and the Lee & Associates platform to generate successful outcomes for their clients,” Lee & Associates South Florida President Matthew Rotolante said. “We applaud them on what has already been a prolific dealmaking year and are excited to support their additional transactions over the rest of 2024 and beyond.”
About Lee & Associates | South Florida
Lee & Associates | South Florida is a fully vertical commercial real estate brokerage firm focused on industrial, office, retail, multifamily, investment and land sectors. Our dedicated team of professionals is led by Matthew Rotolante, CCIM, SIOR a 4th generation South Florida native in a family that has owned and operated commercial property here since 1928. Lee & Associates is the largest agent owned brokerage in the nation with Senior Agent’s ability to earn profit share resulting in the highest splits while still receiving full resources, support and leads from our national network. Our collaborative and cheerful culture allows for open communications throughout the company, fostering the sharing of information and best practices to better enable client decision making. The Lee & Associates’ robust national network that sold and leased over $115 Billion over the last 5 years offers clients a cross-market platform of expertise and deal opportunities across all asset specialties and representation roles. For the latest news from Lee & Associates South Florida, visit leesouthflorida.com or follow us on Facebook, LinkedIn, Twitter and Instagram, our company local news.
Lee & Associates is a commercial real estate brokerage sales, leasing and management firm. Established in 1979, Lee & Associates has grown its service platform to include over 75 offices in the United States and Canada. Lee & Associates is the largest agent owned commercial real estate brokerage where agents get the greatest return for their efforts and hence are more committed and better enabled to provide superior results for their customers. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.