NEWS

POMPANO BEACH, FL and EGG HARBOR TOWNSHIP, NJ (January 2, 2025) – Lee & Associates South Florida Principal Greg Milopoulos and Senior Vice President Christian Baena helped two existing clients close commercial real estate sale transactions in South Florida and New Jersey. The New Jersey deal underscores both the duo’s strong relationships and the unmatched cross-market opportunities created by Lee & Associates’ national network. In Pompano Beach, Florida, Milopoulos and Baena brokered another transaction on…

‘Tighter Beach Office Market Seeing Record-Breaking Rates’ By Janetssy Lugo –  Miami Today December 30th, 2024   Office space in Coconut Grove remains in high demand as low vacancy rates reflect the limited amount of space available. Bert Checa, a principal at Lee and Associates South Florida, says the vacancy rate in Coconut Grove is 2.75% and the average rental rate for Class A and Class B office spaces combined is $70 per square foot. Impacting…

POMPANO BEACH, FL (December 30, 2025) – Lee & Associates South Florida Principal Greg Milopoulos and Senior Vice President Christian Baena capped off 2024 by facilitating a pivotal industrial acquisition in Pompano Beach for their longstanding client, Stonelake Capital Partners. Stonelake acquired a 33,200-square-foot industrial building at 1721 Blount Road, strategically located adjacent to a property it purchased through Milopoulos and Baena earlier in the year. The acquisition reunites the two buildings, creating a combined…

MIAMI, FL (DECEMBER 18, 2024) – Lee & Associates South Florida is pleased to highlight the exceptional work of its newest Principal, Michael Hinton, CCIM, who recently joined the firm. Michael played a pivotal role in the successful sale of the assemblage of properties located at 409 & 345 NE 36th Street, Miami, FL. Those two properties were combined with 3601 Biscayne Blvd for total land area of 1.6 acres and a combined price of $53…

EGG HARBOR TOWNSHIP, NJ (December 16, 2025) – Lee & Associates South Florida Principal Greg Milopoulos and Senior Vice President Christian Baena partnered with Lee & Associates New Jersey’s Mark Fowler to facilitate the $3.4 million sale of a standalone warehouse in Egg Harbor Township. This marks the fourth transaction Milopoulos and Baena completed for the seller, Andler Investments, which retained the duo to handle the disposition of its assets across the nation. The 102…

MIAMI, Florida—December 10, 2024 — Lee & Associates South Florida is proud to celebrate C. Todd Everett, SIOR, on his 20-year anniversary as a distinguished member of the Society of Industrial and Office Realtors (SIOR). Since earning this prestigious designation in 2004, Todd has exemplified excellence in the commercial real estate industry, specializing in office and industrial investment sales. His nearly three-decade-long career is marked by significant achievements and an honorable reputation in the marketplace….

Why the Magic City has such low vacancy now for storefronts and restaurants   By Julia Echikson  –  Commercial Observer December 3, 2024   In Miami, even a retail miss can be a retail win. Take the Key Club. The American bistro was on a busy corner in the heart of the coveted Coconut Grove neighborhood. The concept was also the brainchild of David Grutman, the king of Miami nightlife, who had launched culinary hot spots…

‘Tighter Beach Office Market Seeing Record-Breaking Rates’ By Abrahan Galvan –  Miami Today November 14th, 2024   The Miami Beach office space market is seeing record-breaking asking rates, according to local office leasing experts. The asking rent rate in Miami Beach right now is as high as $120, which is an almost 30% increase year-over-year, said Stephen Rutchik, the vice chairman of office services at Colliers International. “We’re seeing continued growth in the rental rate market,…

‘Brighter year seen in Lincoln Road as city’s retail vacancy rate at 10%   By Abraham Galvan –  Miami Today October 10, 2024   The retail real estate market in Miami Beach is gearing up to have a bright 2025, according to local commercial and retail real estate experts. Lincoln Road is going to be heard from in 2025, said Jonathan Carter, Colliers’ executive managing director. Big-name restaurants like Mila and Andrés Carne de Res are…