‘Retail Real Estate Remains Healthy Despite Vacancy Growth’ By Abraham Galvan – Miami Today October 9th, 2025 The retail vacancy rate in Miami-Dade County remains healthy with no immediate signs of a slowdown, according to local retail real estate experts. Even though the vacancy rate slightly increased up to 3.2% in Miami-Dade, the retail storefront market is fundamentally healthy, said Stephen DeMeo, a principal at Lee & Associates. “Brickell, (Miami) Design District, Lincoln Road (Miami…
Lee & Associates South Florida Brokers Industrial Property Sale in Lake Worth Beach, Florida
LAKE WORTH BEACH, FL (October 10, 2025) – Lee & Associates South Florida Principal Sebastian Misiewicz successfully brokered the $6.05 million sale of an industrial property in Lake Worth Beach, Florida. Misiewicz led the representation of both sides in the transaction, which closed on Oct. 6. Located at 518 North G St., the 25,800-square-foot industrial facility is a sought-after, value-add small-bay warehouse property. Built on a 1.51-acre assemblage, the facility features 36 industrial and flex…
Major Tax-Law Victory Protects 1031 Like-Kind Exchanges
Major Tax Law Victory: 1031 Like-Kind Exchanges Protected Under New Legislation August 27, 2025 Among broad reaching provisions of recent legislation signed into law on July 4th, 2025, the One Big Beautiful Bill Act (OBBBA) permanently preserves 1031 like-kind exchanges and 721 UPREIT/tax-deferred transactions, providing commercial real estate investors with long-term certainty for property swaps and portfolio optimization. This is a huge win for property owners who rely on 1031 Exchanges to defer capital…
Lee & Associates South Florida’s C. Todd Everett Brokers Sale of Tropical Car Wash Retail Center in Lake Worth Beach
LAKE WORTH BEACH, FL (August 28, 2025) – Lee & Associates South Florida Principal C. Todd Everett, SIOR, represented both buyer and seller in the recent $1.4 million sale of the Tropical Car Wash Retail Center, a multi-tenant commercial property prominently located at 824 N Dixie Hwy in Lake Worth Beach, FL. The transaction closed on August 21, 2025, reflecting Everett’s deep-rooted expertise in the Lake Worth Beach submarket where he has been a trusted…
Rising Coconut Grove office rental rates add to vacancies
‘Rising Coconut Grove office rental rates add to vacancies’ By Janetsy Lugo – Miami Today August 28th, 2025 Coconut Grove continues to draw office tenants to the area. However, the rise in rental rates has led to increased vacancies. “Overall, the market is still tight in comparison to the other submarkets,” said Bert Checa, a principal at Lee and Associates South Florida. ” It’s still the market with the lowest vacancy. However, the increases in…
Lee & Associates South Florida’s C. Todd Everett, SIOR Brokers Industrial Property Sale in Port St. Lucie
PORT ST. LUCIE, FL (August 22, 2025) – Lee & Associates South Florida Principal C. Todd Everett, SIOR, brokered the $3.8 million sale of a single-tenant industrial property in Port St. Lucie, Florida. Everett represented seller 8300 LTC Parkway, LLC in the transaction. The buyer, 83 Hundred LTC, LLC, acquired the property as part of a 1031 Exchange. The transaction closed on Aug. 19, just over 60 days after the property was first listed. Located…
Tenants Get Break From Soaring South Florida Costs With Rent Tax Repeal
‘Tenants Get Break From Soaring South Florida Costs With Rent Tax Repeal’ By Chloe Gallivan – BisNow August 20th, 2025 Companies leasing office, retail and industrial space in South Florida have endured some of the fastest-rising commercial rents in the nation, but starting in October, their real estate costs will actually go down. The state passed a law this summer that repeals its 2% annual tax on commercial rents, which takes effect Oct. 1. In…
Lee & Associates South Florida’s Greg Milopoulos and Christian Baena Broker Industrial Sale in Fort Myers
FORT MYERS, FL (August 15, 2025) – Lee & Associates South Florida Principal Greg Milopoulos and Senior Vice President Christian Baena represented both sides in the $6 million off-market sale of an industrial property in Fort Myers. Milopoulos and Baena worked with Lee & Associates counterparts in the Fort Myers market to ensure a favorable outcome for both parties in the transaction. The duo, along with Adam Bornhorst and Derrick Bornhorst of Lee & Associates…
Milopoulos & Baena Team Honored as 2025 GlobeSt Influencers in Industrial Real Estate
Greg Milopoulos & Christian Baena Team Honored as 2025 GlobeSt Influencers in Industrial Real Estate. GlobeSt names their top picks for Industrial Influencer across US markets that serve the industry by navigating new trends in Industrial real estate. August 14, 2025 Lee & Associates South Florida’s Milopoulos & Baena Team The honored Lee & Associates South Florida team, led by Principal Greg Milopoulos and SVP Christian Baena, has made a significant impact on…