Lee & Associates South Florida Principal Greg Milopoulos and Senior Vice President Christian Baena helped two existing clients close commercial real estate sale transactions in South Florida and New Jersey. The New Jersey deal underscores both the duo’s strong relationships and the unmatched cross-market opportunities created by Lee & Associates’ national network.
In Pompano Beach, Florida, Milopoulos and Baena brokered another transaction on behalf of repeat client Stonelake Capital Partners. Stonelake purchased the industrial building totaling 33,200 square feet at 1721 Blount Road for an undisclosed price.
The property is adjacent to the 1701 Blount Road building that Stonelake purchased in August 2024 in another deal brokered by Milopoulos and Baena. CCP Investment Group LLC, the seller of 1721 Blount Road, was represented by Richard Abraham of Abraham & Associates. The two buildings, which collectively total 66,400 square feet and are adjacent to each other, were previously owned by separate owners.
In Egg Harbor Township, New Jersey, Milopoulos and Baena collaborated with Lee & Associates New Jersey’s Mark Fowler to represent Andler Investments in its $3.4 million acquisition of an industrial building. This marks the fourth transaction Milopoulos and Baena completed for Andler, which retained the duo to handle the disposition of its assets across the nation.
The 102 E. Parkway Drive building has 34,000 square feet of space on a 3.14-acre property. Closing the complex sale required creativity and close collaboration. The buyer paid a monthly rent while it completed a site plan approval process that took several months.
“We’re privileged to finish an amazing year with these two transactions brokered on behalf of valued existing clients,” Milopoulos said. “We greatly appreciate Richard Abraham for his seller representation in the Pompano Beach transaction, and Mark Fowler from our New Jersey office for his patience and collaboration throughout that deal. Whether we are flying to out-of-market properties to meet with vendors or formulating a plan to address a complex transaction, my team is very hands-on from start to finish to produce optimal results.”
Milopoulos and Baena have more than 20 years of development, investment sales, landlord and tenant representation experience in South Florida. They joined Lee & Associates South Florida in 2023, with Milopoulos heading up the firm’s Broward County industrial activities out of its Deerfield Beach office, and Baena working out of its Miami office.
The duo has closed on over 150,000 square feet of sales and leases this year. They collectively work together representing clients in dispositions and generating investment sales opportunities throughout the tri-county area.
“This has certainly been a year to remember for Greg and Christian,” Lee & Associates South Florida President Matthew Rotolante said. “The team has successfully utilized our firm’s unique platform and national referral network to meet the evolving needs of its clients. We applaud Greg and Christian on an impressive 2024 output and will support them throughout an even more productive 2025.”
About Lee & Associates | South Florida
Lee & 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 & Associates is the largest agent owned brokerage in the nation with Senior Agent’s ability to earn profit share and 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. The Lee & Associates’ robust national network that sold and leased over $115 billion in 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 & Associates South Florida, visit leesouthflorida.com or follow us on Facebook, LinkedIn, Twitter and Instagram, our company local news.
About Lee & Associates
Lee & Associates is a commercial real estate brokerage sales, leasing and management firm. Established in 1979, Lee & Associates has grown our service platform to include over 75 offices in the United States and Canada. Lee & 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. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.
