Lee & Associates South Florida Closes Industrial Property Sale in Miami’s Cutler Bay Submarket
Firm President Matthew Rotolante and Senior Vice President Conner Milford successfully broker $2.1 million transaction
MIAMI, FL (February 4, 2025) – Lee & Associates South Florida announces the successful sale of a 5,000-square-foot industrial warehouse in Miami’s Cutler Bay submarket. The transaction was brokered by firm President Matthew Rotolante, SIOR, CCIM, and Senior Vice President Conner Milford, who represented both the seller, Staninec & Epic Stoneworks, and buyer, RBF Components, Inc. in the deal.
Situated on a 25,337-square-foot industrial outdoor storage (IOS) yard at 10605 SW 186th St., this butler-style warehouse features 20-foot ceilings, two oversized grade-level doors and an expansive IOS yard, making it an ideal property for light industrial operations. The facility is zoned IU-1 (Light Manufacturing District) and benefits from prime frontage on Quail Roost Drive (Southwest 186th Street), offering high visibility and accessibility.
“This sale reflects the strong demand for well-located industrial assets in South Florida, particularly in the IOS sector,” Milford said. “With its proximity to US-1 and the Florida Turnpike, this warehouse is perfectly positioned to support distribution, logistics and service-based businesses.”
The property is in the thriving Perrine/Cutler Bay submarket, just 0.5 miles from key transportation routes, ensuring seamless connectivity throughout Miami-Dade County. The surrounding industrial corridor continues to experience growth, making this transaction a testament to the region's expanding commercial real estate market.
“We began assisting Mr. Staninec over a decade ago when the Deering Tractor site he had purchased was shuttered and he was left with a vacant warehouse. We were able to help him manage and lease-up his property so he could continue to receive great cash flow that outpaced stock market returns, even without the national tenant," adds Matthew Rotolante, President of Lee & Associates South Florida. "It gives us a feeling of great pride and reward to know we helped him achieve such incredible value. It is this type of dedication and determination and commitment to our customers which sets Lee agents apart from the rest of the brokerage community in South Florida, and we are looking forward to continuing this level of excellence with our clients in 2025 and beyond.”
For more information on Lee & Associates South Florida’s recent transactions and available listings, visit www.leesouthflorida.com
