SUNRISE, FL (July 12, 2024) – Lee & Associates South Florida Principal Greg Milopoulos and Vice President Christian Baena successfully brokered the off-market sale of an industrial building in Sunrise, Florida. The duo represented the buyer, Stonelake Capital Partners, in the transaction. Stonelake is an existing client of Milopoulos and Baena, who also brokered a January 2024 off-market deal in Fort Lauderdale, where Stonelake purchased a warehouse and retained the duo to lease it. The…
Lee & Associates South Florida Completes Industrial Assemblage Transaction in South Miami-Dade County
MIAMI, FL (July 11, 2024) – Lee & Associates South Florida Senior Vice President Andrew Whitby represented the buyer of an industrial assemblage in southern Miami-Dade County’s Cutler Bay, a rapidly growing area. Whitby brokered three separate transactions involving different sellers in a nine-month span. The assemblage includes a 6,140-square-foot warehouse at 18631-18637 SW 105th Ave., a 2,100-square-foot warehouse on two parcels at 18640 SW 104th Court and a vacant 7.500-square-foot lot. The buyer, 18631…
Lee & Associates South Florida Welcomes Oscar Musibay as Vice President
MIAMI, Florida—July 8, 2024 — Lee & Associates South Florida strengthened its team of office real estate specialists with the arrival of Oscar Musibay as Vice President. Based in Miami, Musibay focuses on office landlord agency and tenant representation throughout the tri-county area. Musibay will work closely with Lee & Associates South Florida Principal Bert Checa, who heads up the firm’s Office Landlord Agency and Tenant Representation team. He is a distinguished commercial real estate…
Lee & Associates South Florida Promotes Rodrigo Calderon to Vice President
MIAMI, Florida— May 29, 2024 — Lee & Associates South Florida elevated Rodrigo Calderon to Vice President. Based in Miami, Calderon focuses on industrial sales and leasing throughout South Florida with a sub-specialization in vacant industrial land and industrial outdoor storage (IOS) sites. Calderon joined Lee & Associates South Florida in 2021, quickly showcasing his dealmaking chops and dedication to the firm’s clients. He adds value through the offerings of lease comparison analysis, financial pro-forma, lease…
Lee & Associates South Florida Brokers Record-Setting Industrial Land Sale in Lake Worth
MIAMI, FL (May 7, 2024) – Lee & Associates South Florida completed the sale of a four-acre industrial parcel in Lake Worth, Florida. At $6.8 million, the transaction set a new pricing record for the submarket. Firm President Matthew Rotolante and Associate Rodrigo Calderon successfully listed the 2201 Seventh Avenue North property on behalf of sellers Rolando and Lisa Silva. Roadriver Properties IV, LLC is the buyer. The transaction closed on April 19. Located within the…
A good sign for renters? Competition may not be as fierce as before in South Florida
‘A good sign for renters? Competition may not be as fierce as before in South Florida’ By ABIGAIL HASEBROOCK – Sun Sentinel April 25, 2024 While home prices continue to soar, the rental market may be cooling down in South Florida, providing renters much-needed relief. The Miami-metropolitan area, which includes Miami-Dade, Broward and Palm Beach counties, saw the most significant decrease in the median cost of rent from the first part of 2023 to the…
Lee & Associates South Florida Completes Sale of Industrial Development Site in Miami
MIAMI, FL (April 24, 2024) – Lee & Associates South Florida brokered the $2.18 million sale of an industrial development site in Miami’s West Kendall area. Firm President Matthew Rotolante and Associate Rodrigo Calderon successfully marketed the property on behalf of the seller, a repeat client. Herko Automotive Group, Inc. sold the 1.65-acre site at 14241 SW 140th St. to Civic 140 Street LLC. The property is located near the Miami Executive Airport in the Tamiami…
Office tenants flow to Gables from higher-priced locations
‘Office tenants flow to Gables from higher-priced locations’ By Janetsky Lugo – Miami Today April 25th, 2024 Offices in Coral Gables are gaining popularity as neighboring cities’ leasing rates continue to increase. “Coral Gables being one of the major markets has been one of the lowest in increase on their rental rate for the past year or the last four quarters,'” said a principal at Lee and Associates South Florida, Bert Checa. “Every other…
Lee & Associates South Florida Welcomes Stephen DeMeo as Principal
MIAMI, Florida—April 23, 2024 — Lee & Associates South Florida significantly enhanced its retail leasing team with the addition of Stephen DeMeo as Principal. DeMeo focuses on retail leasing and has strong national tenant relationships. DeMeo brings a wealth of experience to Lee & Associates South Florida. He exclusively represents national retail brands across South Florida and New York. Past and present tenant representative clients include Citizens Bank, Home Depot, Hyatt Hotels, McDonald’s, Morton’s Steakhouse,…