{"id":9513,"date":"2024-02-12T17:45:32","date_gmt":"2024-02-12T22:45:32","guid":{"rendered":"https:\/\/www.lee-associates.com\/southflorida\/?p=9513"},"modified":"2024-02-20T16:14:45","modified_gmt":"2024-02-20T21:14:45","slug":"lee-associates-south-florida-closes-single-tenant-29000-square-foot-industrial-property-sale-in-fort-lauderdale","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2024\/02\/12\/lee-associates-south-florida-closes-single-tenant-29000-square-foot-industrial-property-sale-in-fort-lauderdale\/","title":{"rendered":"Lee &amp; Associates South Florida Closes Single Tenant 29,000 square foot Industrial Property Sale in Fort Lauderdale"},"content":{"rendered":"<div id=\"pl-9513\"  class=\"panel-layout\" ><div id=\"pg-9513-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9513-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9513-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-5b99f59c01c9-9513\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/02\/PR-Banner_6630-NW-16th-Ter.png\" width=\"1250\" height=\"521\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/02\/PR-Banner_6630-NW-16th-Ter.png 1250w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/02\/PR-Banner_6630-NW-16th-Ter-512x213.png 512w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/02\/PR-Banner_6630-NW-16th-Ter-768x320.png 768w\" sizes=\"(max-width: 1250px) 100vw, 1250px\" title=\"Principal Greg Milopoulos and Vice President Christian Baena complete transaction and are retained by new owner to lease warehouse building\" alt=\"Principal Greg Milopoulos and Vice President Christian Baena complete transaction and are retained by new owner to lease warehouse building\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<h3 class=\"widget-title\">Principal Greg Milopoulos and Vice President Christian Baena complete transaction and are retained by new owner to lease warehouse building<\/h3><\/div><\/div><div id=\"panel-9513-0-0-1\" class=\"so-panel widget widget_sow-image-grid panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image-grid so-widget-sow-image-grid-default-0d1da0070fc5-9513\"\n\t\t\t\n\t\t><\/div><\/div><\/div><\/div><div id=\"pg-9513-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9513-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9513-1-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p><strong>MIAMI, FL (February 9, 2024)<\/strong> \u2013<a href=\"https:\/\/www.lee-associates.com\/southflorida\/\"> Lee &amp; Associates South Florida<\/a>\u00a0Principal <a href=\"https:\/\/www.lee-associates.com\/southflorida\/our-team\/greg-milopoulos\/\"><strong>Greg Milopoulos<\/strong><\/a> and Vice President <a href=\"https:\/\/www.lee-associates.com\/southflorida\/our-team\/christian-baena\/\"><strong>Christian Baena<\/strong><\/a> successfully brokered the sale of a Fort Lauderdale warehouse off market to Stonelake Capital Partners which closed January 9 of this year. The duo has also been retained by the new owner to exclusively lease the 29,000 sf warehouse with plans to bring it to market this summer.<\/p>\n<p>\u201cWe leveraged existing relationships with both the seller and buyer to facilitate a smooth transaction,\u201d Milopoulos said. \u201cWe look forward to commencing our leasing campaign on behalf of Stonelake this summer and anticipate substantial interest given the building\u2019s location and features.\u201d<\/p>\n<p>The 1.24-acre property is just two miles from I-95 and three miles from Florida\u2019s Turnpike. It also benefits from being near the prominent Central Broward intersection of Powerline and West Cypress Creek roads. The building includes 3,000 square feet of office space equally split over two stories, two dock-height loading doors, two grade-level doors, 20-foot clear ceilings and over 30 parking spaces.<\/p>\n<p>Milopoulos and Baena have more than 20 years of development, investment sales, landlord and tenant representation experience in South Florida. They joined Lee &amp; Associates South Florida in 2023, with Milopoulos heading up the firm\u2019s Broward County industrial activities out of its Deerfield Beach office, and Baena working out of its Miami office. The duo collectively works together representing clients in dispositions and generating investment sales opportunities throughout the tri-county area.<\/p>\n<p>\u201cWith this new transaction and leasing assignment, Greg and Christian demonstrate what makes them a formidable tandem and huge asset to our team,\u201d Lee &amp; Associates South Florida President <a href=\"https:\/\/www.lee-associates.com\/southflorida\/our-team\/matthew-rotolante\/\">Matthew Rotolante<\/a> said. \u201cThey deftly utilize our firm\u2019s resources to complement the strong relationships and market knowledge cultivated over their impressive careers. We will continue to support their dealmaking efforts and look forward to a very productive 2024 as a firm.\u201d<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-9513-2\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-9513-2\" ><div id=\"pgc-9513-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9513-2-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p style=\"text-align: justify\"><a href=\"https:\/\/www.lee-associates.com\/southflorida\/\"><strong><u>About Lee &amp; Associates | South Florida<\/u><\/strong><\/a><\/p>\n<p>Lee &amp; Associates | South Florida is a fully vertical commercial real estate brokerage firm focused on industrial, office, retail, multifamily, investment and land sectors. Our dedicated team of professionals is led by Matthew Rotolante, CCIM, SIOR a 4th generation South Florida native in a family that has owned and operated commercial property here since 1928. Lee &amp; Associates is the largest agent owned brokerage in the nation with Senior Agent\u2019s ability to earn profit share resulting in the highest splits while still receiving full resources, support and leads from our national network. Our collaborative and cheerful culture allows for open communications throughout the company, fostering the sharing of information and best practices to better enable client decision making.\u00a0 The Lee &amp; Associates\u2019 robust national network that sold and leased over $32 Billion in 2022 offers clients a cross-market platform of expertise and deal opportunities across all asset specialties and representation roles. For the latest news from Lee &amp; Associates South Florida, visit <a href=\"http:\/\/www.lee-associates.com\/\">leesouthflorida.com<\/a>\u00a0or follow us on\u00a0<a href=\"https:\/\/www.facebook.com\/leesouthflorida\">Facebook<\/a>,\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/leesouthflorida\">LinkedIn<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/leesouthflorida\">Twitter<\/a>\u00a0and\u00a0<a href=\"http:\/\/www.instagram.com\/leesouthflorida\">Instagram<\/a>, our company <a href=\"https:\/\/www.lee-associates.com\/southflorida\/news\/\">local news<\/a>.<\/p>\n<p style=\"text-align: justify\"><a href=\"http:\/\/www.lee-associates.com\"><strong><u>About Lee &amp; Associates<\/u><\/strong><\/a><\/p>\n<p>Lee &amp; Associates is a commercial real estate brokerage sales, leasing and management firm. Established in 1979, Lee &amp; Associates has grown its service platform to include over 75 offices\u00a0in the United States and Canada. Lee &amp; Associates is the largest agent owned commercial real estate brokerage where agents get the greatest return for their efforts and hence are more committed and better enabled to provide superior results for their customers. \u00a0For the latest news from Lee &amp; Associates, visit\u00a0<a href=\"http:\/\/www.lee-associates.com\/\">lee-associates.com<\/a>\u00a0or follow us on\u00a0<a href=\"https:\/\/www.facebook.com\/LeeAssociatesCRE\">Facebook<\/a>,\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/lee-and-associates\">LinkedIn<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/LeeAssociatesRE\">Twitter<\/a>\u00a0and\u00a0<a href=\"http:\/\/www.linkbylee.com\/\">Link<\/a>, our company blog.<\/p>\n<\/div>\n<\/div><\/div><div id=\"panel-9513-2-0-1\" class=\"so-panel widget widget_sow-image panel-last-child\" data-index=\"4\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-dbf295114b96-9513\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.lee-associates.com\/southflorida\/services\/\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-scaled.jpg\" width=\"2560\" height=\"384\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-scaled.jpg 2560w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-300x45.jpg 300w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-1024x154.jpg 1024w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-768x115.jpg 768w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-1536x230.jpg 1536w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/02\/Blog-Footer_Industrial-Specialty-2048x307.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" title=\"Blog Footer_Industrial Specialty\" alt=\"Industrial Services\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>MIAMI, FL (February 9, 2024) \u2013 Lee &amp; Associates South Florida\u00a0Principal Greg Milopoulos and Vice President Christian Baena successfully brokered the sale of a Fort Lauderdale warehouse off market to Stonelake Capital Partners which closed January 9 of this year. The duo has also been retained by the new owner to exclusively lease the 29,000 sf warehouse with plans to bring it to market this summer. \u201cWe leveraged existing relationships with both the seller and&#8230;<\/p>\n","protected":false},"author":76,"featured_media":9514,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,105,1817,2],"tags":[1841,1840],"class_list":["post-9513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-industrial","category-investment-sale","category-press-releases","tag-christian-baena","tag-greg-milopoulos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.7 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lee &amp; Associates South Florida Closes Single Tenant 29,000 square foot Industrial Property Sale in Fort Lauderdale - Lee &amp; Associates South Florida<\/title>\n<meta name=\"description\" content=\"Principal Greg Milopoulos and Vice President Christian Baena complete transaction and are retained by new owner to lease warehouse building\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/southflorida\/2024\/02\/12\/lee-associates-south-florida-closes-single-tenant-29000-square-foot-industrial-property-sale-in-fort-lauderdale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lee &amp; Associates South Florida Closes Single Tenant 29,000 square foot Industrial Property Sale in Fort Lauderdale\" \/>\n<meta property=\"og:description\" content=\"Principal Greg Milopoulos and Vice President Christian Baena complete transaction and are retained by new owner to lease warehouse building\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/southflorida\/2024\/02\/12\/lee-associates-south-florida-closes-single-tenant-29000-square-foot-industrial-property-sale-in-fort-lauderdale\/\" \/>\n<meta property=\"og:site_name\" content=\"Lee &amp; Associates South Florida\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-12T22:45:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-20T21:14:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/02\/PR-Banner_6630-NW-16th-Ter.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1250\" \/>\n\t<meta property=\"og:image:height\" content=\"521\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"ssabatier\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ssabatier\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/02\\\/12\\\/lee-associates-south-florida-closes-single-tenant-29000-square-foot-industrial-property-sale-in-fort-lauderdale\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/02\\\/12\\\/lee-associates-south-florida-closes-single-tenant-29000-square-foot-industrial-property-sale-in-fort-lauderdale\\\/\"},\"author\":{\"name\":\"ssabatier\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/#\\\/schema\\\/person\\\/d5447dfddeb31f214f5f2eb84c74068a\"},\"headline\":\"Lee &amp; 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