{"id":9616,"date":"2024-04-27T09:40:52","date_gmt":"2024-04-27T13:40:52","guid":{"rendered":"https:\/\/www.lee-associates.com\/southflorida\/?p=9616"},"modified":"2024-05-07T15:55:15","modified_gmt":"2024-05-07T19:55:15","slug":"lee-associates-south-florida-completes-sale-of-industrial-development-site-in-miami","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2024\/04\/27\/lee-associates-south-florida-completes-sale-of-industrial-development-site-in-miami\/","title":{"rendered":"Lee &amp; Associates South Florida Completes Sale of Industrial Development Site in Miami"},"content":{"rendered":"<div id=\"pl-9616\"  class=\"panel-layout\" ><div id=\"pg-9616-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9616-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9616-0-0-0\" 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-5b99f59c01c9-9616\"\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\/05\/Closed-Deal_14241-SW-140th-St.png\" width=\"1250\" height=\"521\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/05\/Closed-Deal_14241-SW-140th-St.png 1250w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/05\/Closed-Deal_14241-SW-140th-St-512x213.png 512w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/05\/Closed-Deal_14241-SW-140th-St-768x320.png 768w\" sizes=\"(max-width: 1250px) 100vw, 1250px\" title=\"Lee &amp; Associates South Florida President Matthew Rotolante and Associate Rodrigo Calderon successfully represent seller in $2.18 million transaction of Industrial development site in Miami\" alt=\"Lee &amp; Associates South Florida President Matthew Rotolante and Associate Rodrigo Calderon successfully represent seller in $2.18 million transaction of Industrial development site in Miami\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<h3 class=\"widget-title\">Lee &amp; Associates South Florida President Matthew Rotolante and Associate Rodrigo Calderon successfully represent seller in $2.18 million transaction of Industrial development site in Miami<\/h3><\/div><\/div><div id=\"panel-9616-0-0-1\" 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-0d1da0070fc5-9616\"\n\t\t\t\n\t\t><\/div><\/div><\/div><\/div><div id=\"pg-9616-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9616-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9616-1-0-0\" 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 (April 24, 2024)<\/strong> \u2013<a href=\"https:\/\/www.lee-associates.com\/southflorida\/\"> Lee &amp; Associates South Florida<\/a>\u00a0brokered the $2.18 million sale of an industrial development site in Miami\u2019s West Kendall area. Firm President <a href=\"https:\/\/www.lee-associates.com\/southflorida\/our-team\/matthew-rotolante\/\">Matthew Rotolante<\/a> and Associate <a href=\"https:\/\/www.lee-associates.com\/southflorida\/our-team\/rodrigo-calderon\/\">Rodrigo Calderon<\/a> successfully marketed the property on behalf of the seller, a repeat client.<\/p>\n<p>Herko Automotive Group, Inc. sold the 1.65-acre site at 14241 SW 140th St. to Civic 140 Street LLC. The property is located near the Miami Executive Airport in the Tamiami neighborhood.<\/p>\n<p>Site plans are in place for the development of 26,368 square feet of warehouse space, including 20 flex-space condominium units (1,140-to-1,420-square-foot bays each with small offices). The broader submarket is experiencing historically low vacancies, creating strong demand for new product.<\/p>\n<p>\u201cIt is exciting to produce another favorable outcome for an existing client,\u201d Rotolante said. \u201cWe tapped into our knowledge of the industrial market in southern Miami-Dade County and relationships to achieve this outcome. The buyer is well-positioned to bring much-needed new warehouse space to the area.\u201d<\/p>\n<p>A fourth-generation Miami native, Rotolante consistently brokers impactful industrial sales and leasing transactions throughout the region. He has been involved in more than $500 million in industrial deals over the past two decades and also has developed a specialization in refrigerated warehouses in recent years.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-9616-2\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-9616-2\" ><div id=\"pgc-9616-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9616-2-0-0\" 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-9616-2-0-1\" 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-dbf295114b96-9616\"\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 (April 24, 2024) \u2013 Lee &amp; Associates South Florida\u00a0brokered the $2.18 million sale of an industrial development site in Miami\u2019s West Kendall area. Firm President Matthew Rotolante and Associate Rodrigo Calderon successfully marketed the property on behalf of the seller, a repeat client. Herko Automotive Group, Inc. sold the 1.65-acre site at 14241 SW 140th St. to Civic 140 Street LLC. The property is located near the Miami Executive Airport in the Tamiami&#8230;<\/p>\n","protected":false},"author":76,"featured_media":9617,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,105,1818,2],"tags":[31,1835],"class_list":["post-9616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-industrial","category-land-development","category-press-releases","tag-matthew-rotolante","tag-rodrigo-calderon"],"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 Completes Sale of Industrial Development Site in Miami - Lee &amp; Associates South Florida<\/title>\n<meta name=\"description\" content=\"Lee &amp; Associates President Matthew Rotolante and Associate Rodrigo Calderon represent seller in $2.18 million transaction of Industrial development site in Miami\" \/>\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\/04\/27\/lee-associates-south-florida-completes-sale-of-industrial-development-site-in-miami\/\" \/>\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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