LAKE WORTH, FL – Lee & Associates South Florida Principal Greg Milopoulos and Vice President Christian Baena successfully brokered the $4.07 million sale of an industrial building in Lake Worth Beach, Florida.
The duo exclusively marketed the property on behalf of an existing client that it also represented in a Fort Lauderdale disposition last month.
Christian Baena |
Located
on 1.84 acres, the 22,118-square-foot building features 20,290 square feet of
warehouse space (8,190 square feet of which is fully air conditioned), 1,828
square feet of office space, one dock and one ramp.
The 22,118-square-foot industrial building sits on 1.84 acres, at 1830 Second Avenue North in Lake Worth Beach, FL |
The
buyer in the March 25 transaction was not disclosed.
“We
are excited to complete another successful and efficient closing for our
client, who we represent in various markets throughout Florida and across the
country.” Baena said.
“In a time when commercial real estate sales
are difficult to complete, and deals are being re-traded due to various market
conditions, we were able to go under contract at full asking price and maintain
those terms all the way through a smooth closing.”
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.
CONTACT:
Eric Kalis
Senior Vice President
C 305-794-5123
O 954-370-8999
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