Big News for Commercial Property Owners: New Legislation Supercharges Cost Segregation Benefits July 10, 2025 A major legislative win for property owners includes provisions that significantly amplifies the benefits of Cost Segregation for commercial real estate owners. On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, marking a significant shift in U.S. tax policy. Among its many provisions, the law permanently reinstates 100% bonus depreciation for qualified…
Lee & Associates South Florida Brokers Off-Market Office Building Sale in West Palm Beach
WEST PALM BEACH, FL (June 12, 2025) – Lee & Associates South Florida Principal C. Todd Everett, SIOR, successfully closed the $6.5 million off-market sale of a West Palm Beach office building. Everett arranged the sale of Palm Beach Business Center on behalf of both the buyer and seller. EE Properties WPB LLC acquired the 801 Northpoint Pkwy. property from FLF 801 Northpoint LLC. Everett leveraged existing relationships with both sides to make the transaction…
Land Constraints Driving Miami’s Vertical Growth: Lee & Associates’ Michael Hinton on Urban Development Trends
Article Published by Keycrew Journal By Steve Marcinuk April 15, 2025 “Because we’ve run out of land east and west of us—East of us is the Atlantic Ocean, West of us is the Everglades—for density purposes, we really need to go vertical,” explains Michael Hinton, Principal at Lee & Associates. This geographical reality is steering development in Miami’s real estate landscape, with developers increasingly looking upward to maximize value in one of America’s most dynamic…
Lee & Associates South Florida Q1 Report: Industrial Vacancies Surge, But Rents Hold Steady
Lee & Associates South Florida Q1 Report: Industrial Vacancies Surge, But Rents Hold Steady Region’s office, multifamily and retail sectors remain resilient in first quarter of 2025 MIAMI, FL (April 23, 2025) – South Florida’s industrial market experienced a major uptick in vacancies while avoiding rental rate compression during the first quarter of 2025, according to Lee & Associates South Florida’s Q1 2025 market report. The region’s office, multifamily and retail sectors demonstrated…
Celebrating Earth Day with the Miami-Dade County Baynanza Beach Cleanup 2025
Celebrating Earth Day with the Miami-Dade County Baynanza Beach Cleanup 2025 MIAMI, FL (April 22, 2025) In the spirit of Earth Day, Lee & Associates South Florida is happy to share highlights from our recent participation in Miami-Dade County’s 43rd Annual Baynanza Biscayne Bay Cleanup Day, held on Saturday, April 12, 2025 at Virginia Key Beach – North Point Park. Baynanza is a cherished annual event that brings together thousands of community volunteers to…
Multifamily Investor Sentiment Improves Decisively
‘Multifamily Investor Sentiment Improves Decisively’ Economic uncertainty remains a nuisance, but it’s not deterring the majority of buyers and sellers. By Richard Berger April 17, 2025 The slower pace of interest rate cuts signaled lately by the Federal Reserve has not affected investor sentiments for value-add and core assets, according to a recent quarterly Multifamily Underwriting Survey. Core multifamily asset underwriting assumptions improved in the year’s first quarter, while those of value-add…
Demand for Doral commercial real estate slides, but prices keep rising
‘Demand for commercial real estate slides, but prices keep rising’ By Janetsky Lugo – Miami Today April 17th, 2025 Doral’s commercial real estate scene continues to see rising prices despite the pullback in demand. “I think the year started out pretty hot in comparison to the past … 18 months,” said Conner Milford, senior vice president with Lee & Associates. “However, it’s definitely slowed down a bit here more recently.” Mr. Milford said a…
Lee & Associates Ranks #5 on Lipsey’s 2025 List of Top Commercial Real Estate Brands
Lipsey’s 2025 List of Top Commercial Real Estate Brands Lee & Associates Ranks #5 April 1, 2025 We’re thrilled to announce that Lee & Associates has been ranked #5 on the 2025 Lipsey Top 25 list of Top Commercial Real Estate Brands — a prestigious industry recognition that reinforces our position as one of the most recognizable commercial real estate companies in the country. The annual Lipsey Company survey is a benchmark report within…
Standout Lee & Associates South Florida Duo Brokers $9.35 Million Industrial Sale in Fort Lauderdale
FORT LAUDERDALE, FL (March 28 2025) – Lee & Associates South Florida Principal Greg Milopoulos and Senior Vice President Christian Baena brokered another off-market industrial real estate transaction, this time on behalf of Sitex Group, a New Jersey-based investment group marking its first acquisition in South Florida. The prolific duo represented Sitex Group in its $9.35 million purchase of two warehouses located on 3.49 acres within the Prospect Industrial and Commercial Park, near the Fort…