{"id":9687,"date":"2024-07-11T13:45:20","date_gmt":"2024-07-11T17:45:20","guid":{"rendered":"https:\/\/www.lee-associates.com\/southflorida\/?p=9687"},"modified":"2024-07-11T13:45:20","modified_gmt":"2024-07-11T17:45:20","slug":"lee-associates-south-florida-completes-industrial-assemblage-transaction-in-south-miami-dade-county","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2024\/07\/11\/lee-associates-south-florida-completes-industrial-assemblage-transaction-in-south-miami-dade-county\/","title":{"rendered":"Lee &amp; Associates South Florida Completes Industrial Assemblage Transaction in South Miami-Dade County"},"content":{"rendered":"<div id=\"pl-9687\"  class=\"panel-layout\" ><div id=\"pg-9687-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9687-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9687-0-0-0\" 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-5b99f59c01c9-9687\"\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\/07\/PR-Banner_Closed-Deal_18640-SW-104th-Ct.png\" width=\"1250\" height=\"521\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/07\/PR-Banner_Closed-Deal_18640-SW-104th-Ct.png 1250w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/07\/PR-Banner_Closed-Deal_18640-SW-104th-Ct-512x213.png 512w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/07\/PR-Banner_Closed-Deal_18640-SW-104th-Ct-768x320.png 768w\" sizes=\"(max-width: 1250px) 100vw, 1250px\" title=\"Senior Vice President Andrew Whitby represented buyer in multi-phased acquisition  \" alt=\"Lee &amp; Associates South Florida Senior Vice President Andrew Whitby Completes Industrial Assemblage, Multi-Phased Acquisition in South Miami-Dade County \" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<h3 class=\"widget-title\">Senior Vice President Andrew Whitby represented buyer in multi-phased acquisition  <\/h3><\/div><\/div><div id=\"panel-9687-0-0-1\" 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-0d1da0070fc5-9687\"\n\t\t\t\n\t\t><\/div><\/div><\/div><\/div><div id=\"pg-9687-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9687-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9687-1-0-0\" 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 (July 11, 2024)<\/strong> \u2013<a href=\"https:\/\/www.lee-associates.com\/southflorida\/\"> Lee &amp; Associates South Florida<\/a> Senior Vice President <a href=\"https:\/\/www.lee-associates.com\/southflorida\/our-team\/andrew-whitby\/\">Andrew Whitby<\/a> represented the buyer of an industrial assemblage in southern Miami-Dade County\u2019s Cutler Bay, a rapidly growing area. Whitby brokered three separate transactions involving different sellers in a nine-month span.<\/p>\n<p>The assemblage includes a 6,140-square-foot warehouse at 18631-18637 SW 105th Ave., a 2,100-square-foot warehouse on two parcels at 18640 SW 104th Court and a vacant 7.500-square-foot lot. The buyer, 18631 LLC and 18640 LLC, purchased the site for a combined $3.68 million.<\/p>\n<p>Whitby initially <a href=\"https:\/\/www.lee-associates.com\/southflorida\/2023\/08\/24\/lee-associates-south-florida-closes-sale-of-miami-industrial-building\/\">procured the buyer to purchase the 18631-18637 SW 105th Ave<\/a>. from his client Overholt Construction Corp. in August 2023. He then represented the buyer in approaching the owners of the <a href=\"https:\/\/www.lee-associates.com\/southflorida\/2023\/01\/10\/lee-associates-south-florida-closes-sale-of-south-miami-dade-industrial-assemblage\/\">surrounding properties<\/a> in the successful effort to unify the site. The buyer is in the approval process for a substantial renovation to the larger warehouse to create 5,000 square feet of modernized industrial space and 1,000 square feet of office space.<\/p>\n<p>\u201cOnce renovations are complete, we will help the owner secure the right long-term tenant for the industrial building,\u201d Whitby said. \u201cSouth Miami-Dade County is a clearly defined industrial area, with tight inventory and significant demand. This site is wedged neatly between Florida\u2019s Turnpike and US-1 and should generate major interest.\u201d<\/p>\n<p>Whitby specializes in industrial sales and leasing. He <a href=\"https:\/\/www.lee-associates.com\/southflorida\/2022\/03\/25\/lee-associates-south-florida-adds-andrew-whitby-as-senior-vice-president\/\">joined Lee &amp; Associates South Florida in early 2022<\/a>, bringing seven years of experience in both sales and leasing covering all areas of commercial real estate, including office, retail, apartments and a heavy focus in warehouse and industrial transactions.<\/p>\n<p>Prior to joining Lee &amp; Associates, Whitby served as a commercial real estate sales and leasing specialist with Southeast Property Management. While there, he aided clients with commercial property sales, leasing and property management, developing and executing strategic marketing plans, conducting ROI analysis on properties for potential investors and \u2018best use\u2019 analysis on specific properties.<\/p>\n<p>Whitby\u2019s extensive background in finance includes seven years working for a multi-strategy hedge fund, with a focus on credit and equity markets. He also has experience as a strategist and trade specialist in fixed income, equities, currencies and commodities.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-9687-2\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-9687-2\" ><div id=\"pgc-9687-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9687-2-0-0\" 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 $115 Billion over the last 5 years 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-9687-2-0-1\" 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-dbf295114b96-9687\"\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 (July 11, 2024) \u2013 Lee &amp; Associates South Florida Senior Vice President Andrew Whitby represented the buyer of an industrial assemblage in southern Miami-Dade County\u2019s Cutler Bay, a rapidly growing area. Whitby brokered three separate transactions involving different sellers in a nine-month span. The assemblage includes a 6,140-square-foot warehouse at 18631-18637 SW 105th Ave., a 2,100-square-foot warehouse on two parcels at 18640 SW 104th Court and a vacant 7.500-square-foot lot. The buyer, 18631&#8230;<\/p>\n","protected":false},"author":76,"featured_media":9688,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,105,1817,2],"tags":[1830],"class_list":["post-9687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-industrial","category-investment-sale","category-press-releases","tag-andrew-whitby"],"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 Industrial Assemblage Transaction in South Miami-Dade County - Lee &amp; Associates South Florida<\/title>\n<meta name=\"description\" content=\"Senior Vice President Andrew Whitby Completes Industrial Assemblage, Multi-Phased Acquisition in South Miami-Dade County\" \/>\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\/07\/11\/lee-associates-south-florida-completes-industrial-assemblage-transaction-in-south-miami-dade-county\/\" \/>\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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