Transwestern Brokers $29.5M Industrial Acquisition in Doral for Jet Engine Technology Corporation
MIAMI — Transwestern has brokered the $29.5 million acquisition of a roughly 112,000-square-foot industrial property at 2100 NW 88 Court in Doral, Florida, on behalf of buyer Jet Engine Technology Corporation. Casal Group represented the seller in the transaction, which implies a price of approximately $263 per square foot.
Jet Engine Technology Corporation, an FAA Part 145 Certified Repair Station founded in 1997, plans to take over the full building to support the expansion of its FAA repair station operations. The property is located near the company's existing headquarters in the Doral submarket.
Brokerage Team and Transaction Details
Transwestern Senior Vice President Carlos Gaviria and Executive Managing Directors Ben Eisenberg, Walter Byrd and Thomas Kresse represented the buyer. Casal Group acted on behalf of the seller.
"Located down the street from Jet Engine's headquarters, this strategic investment allows the company to optimize operations and scalability in the high-demand Doral submarket," Gaviria said. "The property is well equipped with oversized doors and ample parking, and within minutes of the airport and numerous aviation companies."
The transaction is structured as an owner-user acquisition, with Jet Engine Technology Corporation intending to occupy the entire building. The property's oversized doors and ample parking are features particularly relevant to aviation-related industrial users.
About Jet Engine Technology Corporation
Founded in 1997, Jet Engine Technology Corporation holds FAA, EASA and UK approvals as a Part 145 Certified Repair Station. The company's services include jet engine maintenance, repair and overhaul, component testing and related aviation work, with commercial aviation clients worldwide. The company's existing FAA repair station presence in Miami is associated with 7001 NW 25 Street.
The new facility at 2100 NW 88 Court is positioned to support additional repair, testing and storage activity as the company scales its operations. Transwestern previously worked with Jet Engine Technology on a warehouse search and sale, in which the company's prior warehouse sold for $9.7 million.
Doral Industrial Market Context
Doral is one of Miami-Dade County's principal industrial and logistics submarkets, with its investment appeal tied to proximity to Miami International Airport, the Dolphin Expressway and the Palmetto Expressway, as well as a concentration of logistics, aviation and distribution users. Class A asking rents in Doral have generally been reported in the $18–$20 per square foot range on a triple-net basis, reflecting the submarket's premium positioning within the broader Miami-Dade market.
The broader Miami industrial market has seen vacancy rise as new supply has delivered, with Miami-Dade industrial vacancy estimated in the 6.5%–7.8% range in 2026 depending on methodology and reporting period. Vacancy varies materially by product size, with big-box properties above 250,000 square feet reporting vacancy around 13.2% compared with approximately 4.2% for small-bay buildings below 50,000 square feet. Well-located industrial space near the airport has remained strategically scarce even as overall vacancy has increased.
New construction starts have slowed due to higher financing costs and permitting constraints, a dynamic that could limit future supply after the current delivery wave is absorbed. For specialized users such as certified repair stations — which may require specific building configurations, loading characteristics and regulatory compliance — the pool of suitable alternatives is further constrained.
About Transwestern
Transwestern is a vertically integrated commercial real estate firm providing investment, development, brokerage and property management services. The firm owns, leases and operates $64 billion in assets across property types including logistics, multifamily, retail, mixed-use, healthcare, office, data centers, hotel, sports and entertainment, and life sciences, with 35 offices nationwide. Transwestern's South Florida Industrial team brings nearly 100 years of combined experience to the market.
Sources
Transwestern — Transwestern Brokers $30 Million Industrial Acquisition in Miami (September 23, 2026)