Lee & Associates South Florida’s Milopoulos, Baena Close $21 Million Industrial Transaction
Milopoulos and Baena procured the buyer and facilitated a rapid transaction timeline.
Milopoulos and Baena procured the buyer and facilitated a rapid transaction timeline.
The tenant will occupy the entire 40,838-square-foot Class A, newly constructed warehouse.
The industrial building features 18’ clear ceilings, seven dock doors and a new spec office that should be completed during the first quarter of 2026.
Lee & Associates’ Matthew Rotolante, SIOR, and Conner Milford represented the tenant in the lease deal.
The 20,088-square-foot multi-tenant industrial building is situated on a 1-acre parcel and located just off Congress Avenue.
Sebastian Misiewicz led the representation of both sides in the transaction.
“This was a quick listing and closing cycle, which demonstrates the strong demand for this type of high-barrier-to-entry product,” said Everett. “We were able to generate significant buyer interest and close the deal in two months, which reflects the continued strength of the South Florida industrial market.”
The 36,998-square-foot assemblage at 3350 Biscayne Blvd. has existing zoning approvals for a 172-unit high-rise development.
The property is adjacent to a building that the client purchased in August 2024.
Prior to joining Lee & Associates South Florida, he served as Senior Associate at Apex Capital Realty and worked closely with CBRE, managing a national bank portfolio spanning three states and 150 locations.
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