Industrial Outdoor Storage Site Near Miami Int’l Airport Trades For $52 Million

Chicago-based logistics firm Outpost has made a major push into South Florida.

The company paid $52.1 million to acquire a vacant 17-acre outdoor industrial yard near Miami International Airport (MIA) from CenterPoint Properties.

Marc Smouha and Jonathan Marti with Corepoint RE brokered the off-market deal.

The site, located at 3200 NW 67th Avenue, sits behind the airport’s runways and forms part of a large industrial complex.

CenterPoint had originally acquired the property for around $29.5 million in 2020. The sale represents a roughly 77 % premium over that prior purchase.

Outpost specializes in truck terminals and container drop yards — essentially outdoor storage spaces leveraged by freight and logistics providers. With this acquisition, Outpost expands its presence in Florida, where it already operates multiple outdoor storage facilities.

The deal underscores how lucrative the IOS sector has become — open yards near major hubs like airports or freight corridors are increasingly seen as valuable real-estate assets.