NEWS

MIAMI, FL (February 21, 2025) – Lee & Associates South Florida Principal Michael Hinton, CCIM, secured the exclusive investment sales listing for a high-density development assemblage located on Miami’s Biscayne Boulevard. The six-parcel site is being marketed with a $32 million asking price. The 36,998-square-foot assemblage at 3350 Biscayne Blvd. has existing zoning approvals for a 172-unit high-rise development. Its seller is in the process of applying for a significant density increase under the Live…

‘Office industry experts see mixed uses as key in city’s core’ By Abrahan Galvan –  Miami Today February 20th, 2025   Focusing on mixed-use projects that combine office space with residential, hotel, and other components is the trend to secure financing in the Brickell area, according to local office space developers. The key considerations for developers when deciding between mixed-use and office-only projects in the current market are that mixed-use projects that include residential components do…

MIAMI, FL (February 12, 2025) – Lee & Associates South Florida Principal Todd Cohen successfully represented the seller, H Atreides LLC, in the $1.85 million sale of a prime mixed-use office and multifamily property at 2464 Coral Way, Miami, FL 33145 to buyer 2464 Coral Way LLC. Despite prevailing market challenges, this sale represents nearly $470 per square foot exceeding market trends and expectations. Cohen effectively positioned the property to attract the most strategic buyer,…

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…

Lee & Associates South Florida Q4 Report: Local Retail, Office Sectors Maintain Strength   Region’s multifamily and industrial sectors continue softening trend in fourth quarter of 2024   MIAMI, FL (January 27, 2025) – South Florida’s retail and office markets kept shining – especially in comparison to the rest of the nation – during the fourth quarter of 2024. On the flip side, the region’s multifamily and industrial sectors continued a softening trend from the…

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…