Maddux & Company’s Joseph H. Weston Brokers Small-Bay Industrial Portfolio Sale In Miami

A four-property industrial portfolio totaling 46,212 square feet traded for $15.18 million in Miami, marking what is described as the largest portfolio sale in the Bird Road Arts District in more than a decade.

The portfolio includes warehouses at 4601 Southwest 71st Avenue, 7038 Southwest 46th Street, 7020 Southwest 46th Street and 7428 Southwest 42nd Street.

The sale price works out to roughly $328 per square foot.

Joseph H. Weston of Maddux & Company represented the buyer in the transaction.

The deal stands out not only for its pricing, but for its scale within one of Miami’s established infill industrial pockets. That distinction underscores continued demand for smaller industrial assets in centrally located Miami submarkets, where limited supply and flexible warehouse configurations continue to attract investors and users alike. Portfolios of this size are relatively rare in urban districts like Bird Road, making larger assemblages especially valuable when they come to market.

The transaction also reflects the enduring appeal of small-bay industrial product, which remains a closely watched segment across South Florida due to its utility for a wide range of tenants, from distribution and storage users to service-oriented businesses seeking infill locations.