Transwestern Real Estate Services’ South Florida Industrial team has brokered the sale of a 4.05-acre industrial lot at NW 6th Street and 137th Avenue in Miami’s Airport West submarket. TRS Senior Vice President Carlos Gaviria represented the seller and Cushman & Wakefield’s Matt Bittel represented the buyer, Metrobloks, which plans to build a multi-tenant data center on the site.
“Securing an owner-user maximized investment returns for our client,” said Gaviria. “This transaction underscores the continued demand for industrial product in Miami’s Airport submarket and the value of broker relationships to achieve mutually beneficial outcomes.”
The fully fenced property is positioned at the signalized intersection of NW 6th Street and NW 137th Avenue, which provides immediate access to SR 836 and direct frontage on NW 137 Ave, with average daily traffic of nearly 50,000 vehicles. The property features three points of ingress/egress and offers quick access to Florida’s Turnpike, Palmetto Expressway, and Miami International Airport.
According to Transwestern research, the Miami Airport submarket outperformed its peers in Q4 2024, recording the highest development activity, with 1.6 million SF under construction, the strongest net absorption at 151,000 SF, and the highest average rental rate at $18.05 PSF.
About Transwestern’s South Florida Industrial team
Transwestern’s South Florida Industrial team provides creative solutions that maximize real estate value through a sophisticated and proven methodology that helps meet and exceed financial objectives. With nearly 100 years of combined experience, the team uses deep market knowledge and industry expertise to uncover hidden opportunities and capitalize on shifting market dynamics. Visit www.transwestern.com
