Marcus & Millichap Facilitates $8.6 Million Sale of Small-Bay Industrial Property in Miami

Reuters
29 Apr
Marcus & Millichap Facilitates $8.6 Million Sale of Small-Bay Industrial Property in Miami

Marcus & Millichap Inc. recently announced the sale of the Tamiair Building, a 34,540-square-foot small-bay industrial property in Miami, for $8.6 million. The property, located at 14080-14118 SW 139th Ct., offers a prime opportunity to adjust rents to market levels in a high-demand area near Miami Executive Airport. The limited availability of small-bay industrial properties in Miami-Dade County heightened the competition for this asset. Marketed by Alex Zylberglait and Michael Crocchiola of Marcus & Millichap, the building occupies a 1.88-acre parcel and includes 20 individual bays, hurricane-impact windows, and ample parking. The fully occupied property hosts tenants from automotive, light manufacturing, and service industries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on April 25, 2025, and is solely responsible for the information contained therein.

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