{"id":9549,"date":"2024-03-15T19:21:27","date_gmt":"2024-03-15T23:21:27","guid":{"rendered":"https:\/\/www.lee-associates.com\/southflorida\/?p=9549"},"modified":"2024-03-20T19:45:47","modified_gmt":"2024-03-20T23:45:47","slug":"lee-associates-greg-milopoulos-christian-baena-close-commercial-property-sale-in-davie","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2024\/03\/15\/lee-associates-greg-milopoulos-christian-baena-close-commercial-property-sale-in-davie\/","title":{"rendered":"Lee &amp; Associates&#8217; Greg Milopoulos &amp; Christian Baena Close Commercial Property Sale in Davie"},"content":{"rendered":"<div id=\"pl-9549\"  class=\"panel-layout\" ><div id=\"pg-9549-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9549-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9549-0-0-0\" 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-5b99f59c01c9-9549\"\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\/03\/PR-Banner_Closed-Deal_2601-Reese-Rd.png\" width=\"1250\" height=\"521\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/03\/PR-Banner_Closed-Deal_2601-Reese-Rd.png 1250w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/03\/PR-Banner_Closed-Deal_2601-Reese-Rd-512x213.png 512w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/03\/PR-Banner_Closed-Deal_2601-Reese-Rd-768x320.png 768w\" sizes=\"(max-width: 1250px) 100vw, 1250px\" title=\"Principal Greg Milopoulos and Vice President Christian Baena complete transaction, which set price per square foot record for submarket\" alt=\"Principal Greg Milopoulos and Vice President Christian Baena complete transaction, which set price per square foot record for submarket\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<h3 class=\"widget-title\">Principal Greg Milopoulos and Vice President Christian Baena complete transaction, which set price per square foot record for submarket<\/h3><\/div><\/div><div id=\"panel-9549-0-0-1\" 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-0d1da0070fc5-9549\"\n\t\t\t\n\t\t><\/div><\/div><\/div><\/div><div id=\"pg-9549-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9549-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9549-1-0-0\" 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>DAVIE, FL (March 15, 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 $3.45 million sale of a commercial property in Davie, Florida. At $415 per square foot, the transaction set a new price per square foot record for the submarket. It did not include the sale of the business.<\/p>\n<p>The sale of the 2601 Reese Road property closed on March 12. Glenn\u2019s Automotive was the seller. The buyer was not disclosed.<\/p>\n<p>Glenn\u2019s Automotive operated an auto repair shop out of the freestanding 8,300-square-foot building in Davie, which was constructed in 2008 on just over one acre. The property includes outdoor storage and ample parking, with frontage along I-595 and Florida\u2019s Turnpike. That gives the building visibility to over 370,000 daily motorists.<\/p>\n<p>\u201cGlenn has been a longtime family friend and operator of one of the most pristine shops in Broward County for over 20 years,\u201d Milopoulos said. \u201cIt was time for him to wind down and enjoy some time off with his family after a long career in the industry, so above all else, I\u2019m just happy we were able to help him accomplish this.\u201d<\/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<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-9549-2\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-9549-2\" ><div id=\"pgc-9549-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9549-2-0-0\" 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-9549-2-0-1\" 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-dbf295114b96-9549\"\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>DAVIE, FL (March 15, 2024) \u2013 Lee &amp; Associates South Florida\u00a0Principal Greg Milopoulos and Vice President Christian Baena successfully brokered the $3.45 million sale of a commercial property in Davie, Florida. At $415 per square foot, the transaction set a new price per square foot record for the submarket. It did not include the sale of the business. The sale of the 2601 Reese Road property closed on March 12. Glenn\u2019s Automotive was the seller&#8230;.<\/p>\n","protected":false},"author":76,"featured_media":9550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,105,1817,2,106],"tags":[1841,1840],"class_list":["post-9549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-industrial","category-investment-sale","category-press-releases","category-retail","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&#039; Greg Milopoulos &amp; Christian Baena Close Commercial Property Sale in Davie - Lee &amp; Associates South Florida<\/title>\n<meta name=\"description\" content=\"Principal Greg Milopoulos and Vice President Christian Baena complete transaction, which set price per square foot record for Davie submarket\" \/>\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\/03\/15\/lee-associates-greg-milopoulos-christian-baena-close-commercial-property-sale-in-davie\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lee &amp; 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