Setna Enters Miami Market With 102,000 SF Lease
SRS Real Estate Partners and Entre Commercial Realty, LLC announced that Setna, a Chicago-area aviation company, has leased 102,046 square feet at MidPoint Logistics, located at 11250 W 36th Avenue in Hialeah, marking the company’s entry into the Miami market.
SRS Real Estate Partners and Entre Commercial assisted Setna in securing the location, which will house Zulu Global, an FAA 145 repair station.
Andrew Lehrer and Wayne Schuchts with SRS Real Estate Partners, along with Denise Chaimovitz, MA, SIOR of Entre Commercial, represented Setna in the lease negotiations. Devin White, Tom O’Loughlin, and David Albert with CBRE represented the landlord, Dalfen Industrial.
The modern, new construction facility will support Zulu Global’s full suite of aviation maintenance and technical services, including teardown, testing, inspection, repair, and overhaul of high-demand rotables for commercial, regional, and business aircraft. Zulu will occupy the new Miami location upon the landlord’s completion of the tenant improvements which will include heavy power, fully air-conditioned warehouse area, and approximately 25,000 square feet of office and specialized rooms.
“Setna is making a strategic, long-term investment in the Miami area, a key market in the global aviation industry,” said Lehrer, SIOR, Senior Vice President in SRS’s Miami office. “This location will give the company the scale, connectivity, and technical infrastructure needed to support its existing and growing global customer base.”
Entre’s Denise Chaimovitz, MA, SIOR, added, “Our site selection process consisted of an exhaustive study of the southeast region and ultimately led us to this property which distinguished itself among numerous competitive options thanks to its modern construction, proximity to our LGT facility, and the landlord’s ability to deliver a complete turn-key solution.”
Based in Lincolnshire, Illinois, Setna has additional global locations in Tempe, Arizona, and London, United Kingdom. The company recently expanded its capabilities through the acquisition of majority stakes in Miami-area aviation companies Zulu Global and Landing Gear Technologies.
“Our Miami expansion strengthens Setna and Zulu Global’s ability to serve customers and creates a world-class environment that attracts the best talent in the industry,” said David Chaimovitz, Setna’s Founder and CEO. “It’s an important step in building the future of our combined operations.”
“This new state-of-the-art facility will house a best-in-class FAA/EASA Repair Station alongside leading engineering and R&D capabilities dedicated to FAA-PMA development and DER repairs, giving our customers more maintenance options and meaningful cost savings,” Zulu Global President Mike Garcia added. “I’m especially excited about its strategic location near our sister company LGT, establishing SETNA’s MRO Center of Excellence in the region with a combined 250,000 square feet of MRO capacity.”
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