Marcus & Millichap Facilitates Sale Of Small-Bay Industrial Property In Miami

Marcus & Millichap announced the sale of the Tamiair Building, a 34,540-square-foot small-bay industrial property located at 14080–14118 SW 139th Ct. in Miami.

The asset sold for $8,600,000.

“This asset provides a unique opportunity to mark rents to market in a very tight industrial pocket next to Miami Executive Airport,” said Alex Zylberglait, executive managing director, investments. “A limited supply of small-bay industrial assets in Miami-Dade created competition for this desirable asset.”

Zylberglait and Michael Crocchiola, investment specialists in Marcus & Millichap’s Miami office, exclusively marketed the property on behalf of the seller and procured the buyer.

Located on a 1.88-acre parcel, the Tamiair Building features 20 individual bays with grade-level loading doors, hurricane-impact windows, ample surface parking and recent exterior improvements. The property is zoned IU-C and benefits from proximity to major transportation corridors and industrial hubs, including Miami Executive Airport. The asset is fully occupied by a mix of tenants spanning automotive, light manufacturing and service industries.