For companies that move freight through Miami International Airport regularly, the cheapest warehouse is not always the lowest-cost option. Driver time, fuel, congestion, delivery reliability and equipment needs can all change the economics of choosing a location farther from MIA.
A recently acquired collection of small-bay industrial properties near Miami International Airport has secured significant acquisition financing, underscoring continued institutional interest in one of South Florida’s tightest industrial submarkets.
A 10-building small-bay industrial portfolio spanning nearly 730,000 square feet has changed hands in Miami-Dade County, underscoring continued investor interest in infill industrial assets.
The porfolio traded at approximately $280 per square foot.
Newer Miami warehouses may offer higher clear heights and modern loading features, but older buildings can provide location advantages that are difficult to replicate. For tenants searching Airport West, Doral and Medley, the right choice often comes down to how the building will actually be used.