NEWS

Miami Herald Discusses Miami Hospitality Market with Matthew Jacocks after Miami Beach Hotel Trades for $70MM After an eye-popping purchase of the Como Metropolitan Miami Beach where a foreign investor paid almost $1 Million per room, the Miami-Herald published an article reflecting on the sale and reached out to Lee & Associates South Florida Miami hospitality and investment sale expert, Matthew Jacocks, for expert insight on what he has been seeing in the marketplace. “The…

MIAMI, Florida—August 19, 2021—Lee & Associates Commercial Real Estate Services announces the addition of Seth Denison as Principal specializing in Capital Markets, Structured Finance, and Debt & Equity placement throughout the United States. With wide and deep knowledge of commercial real estate finance, Seth brings over 12 years of experience in private equity and capital market advisory work with an expertise in financial trends, capital structuring, and capital allocators. Seth Denison began his career practicing…

MIAMI, Florida—June 11, 2021 – Lee & Associates South Florida announces the sale of a 1.37 acre fully-entitled Self-Storage development parcel located at 15699 W Dixie Highway in North Miami Beach, Florida. The property closed on July 29th, 2021 for a record price of $5,250,000. Lee & Associates South Florida Principal, Matthew Jacocks, represented the Seller, 15699 W Dixie Hwy, LLC, and procured the Buyer, Dixie Highway Storage, LLC. The Buyer plans to develop the…

MIAMI, Florida—August 10, 2021 – Lee & Associates South Florida announces the sale of a two-parcel assemblage in Miami’s trending Wynwood Arts District for $4.39 million. Lee & Associates South Florida President, Matthew Rotolante, SIOR, CCIM, and Vice President, Michael Avendano, represented the Seller, Carol Invest, USA, and procured the Buyer, JAK Land, LP. The property located at 560-566 NW 29th Street in Miami, Florida traded on July 20th, 2021, for $4,389,250, or $400.81 per…

GlobeSt Women of Influence 2021 The inaugural GlobeSt Women of Influence Conference celebrates the women who drive the commercial real estate industry forward. The power of influence is vast, and guiding forces, such as influencers, yield such clout that they are able to effect change through direct and, more often than not, indirect action. Since 1983, GlobeSt Real Estate Forum has recognized a growing number of commercial real estate female professionals for their remarkable achievements. These individuals…

MIAMI, Florida—June 21, 2021 – Lee & Associates South Florida and Investors Realty Services, Inc. announce the sale of the award-winning, trophy Marathon Marina and RV Resort located at 1021 11 St Ocean in Marathon, FL, in the heart of the beautiful Florida Keys. Lee & Associates South Florida Senior Vice President, Calum Winsor, and Investors Realty Services brokered the sale of the Marina between the seller, Water’s Edge Marina, LLC, and the Buyer, Safe Harbor…

MIAMI, Florida—June 11, 2021 – Lee & Associates South Florida announces the sale of a 48-Unit Multifamily Portfolio located at 999 & 1007 W Prospect Road in Oakland Park-Fort Lauderdale, Florida. The portfolio sale closed on May 26th, 2021 for $7,250,000. Lee & Associates South Florida Principal, Matthew Jacocks, and Senior Vice President, Patrick Montelus, represented the Seller, Schulman Properties, LLC, and the Buyer, Jass 2, LLC. After extensively consulting the seller through value-add strategies…

MIAMI, Florida—June 11, 2021 – Lee & Associates South Florida announces the sale of three contiguous Class A office condo units amounting to the entire 8th floor office space located at 900 Biscayne Blvd in Downtown Miami, Florida. The office portfolio sold for $2,620,000 on May 28th, 2021. Lee & Associates South Florida Senior Vice President and specialist in sales and leasing of CBD and Suburban Office real estate, Joseph Jarkesy, CCIM, was tapped by…

MIAMI, Florida—May 15, 2021 – Lee & Associates South Florida announces the sale of an Industrial property located at 6801 NW 73rd Ct in Miami’s Airport West Submarket in Doral, Florida. The property sold for $1,215,000 on April 27th, 2021. Lee & Associates South Florida Senior Vice President, Ivelisse Meneses, CCIM, represented the seller, Airplane Parts Holdings, LLC, and the buyer KWPS Real Estate, LLC was represented by America’s Commercial Real Estate. Within the first…