NEWS

POMPANO BEACH, FL (August 6, 2024) – Lee & Associates South Florida Principal Greg Milopoulos and Vice President Christian Baena successfully brokered an industrial sale-leaseback in Pompano Beach, Florida. The duo represented both the buyer and seller in this off-market transaction – its fifth closed deal in Broward County this year. Stonelake, who acquired the asset, is an existing client of Milopoulos and Baena. This closing marks its third of the year with Milopoulos and…

‘Doral gaining during nation’s commercial realty dip’ Doral’s commercial real estate defies national trends and continues to showcase high demand..   By  Janetssy Lugo –  Miami Today July 23, 2024   Doral’s commercial real estate defies national trends and continues to showcase high demand. “Viewing commercial real estate overall, even on a national scale,” said Matthew Rotolante, president and broker at Lee and Associates South Florida, “I would say Miami, Doral included… is somewhat resilient in…

Lee & Associates South Florida Q2 Report: Industrial Vacancies Jump Year-Over-Year Local retail, office and multifamily markets maintain performance in second quarter of 2024…   MIAMI, FL (July 26, 2024) – South Florida’s industrial market experienced a sharp year-over-year increase in vacancies, according to Lee & Associates South Florida’s Q2 2024 market report. The local retail, office and multifamily sectors largely held steady during the second quarter of 2024, however, as the region continues to…

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…

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…

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…

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…

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’ 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…