Updated Aug 24, 2026
Hayne Hamilton Of Hamilton Development Leases 90,000 SF Industrial Space To Powerhouse Engines In Miami
14100 Southwest 136th Street
Building Size
90,000 SF
Asset Type
Industrial
Closing
Aug 22, 2026
About this deal
AI
The property involved in this transaction is an industrial asset located at 14100 Southwest 136th Street in Miami, FL. The leased space has a total square footage of 90,000 and is situated in a significant market area.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Lease Terms: 10-year
- Landlord: Hayne Hamilton - Hamilton Development
- Tenant: Eric Engdahl - Powerhouse Engines
- Brokers: Jose Juncadella, Sebastian Juncadella & Jonathan Lay - Fairchild Partners
The deal was facilitated by the broker representatives from Fairchild Partners, highlighting the involvement of Jose Juncadella, Sebastian Juncadella, and Jonathan Lay in the transaction. Hayne Hamilton represents the landlord, ensuring the terms of the lease meet the expectations of Hamilton Development, while Eric Engdahl represents the tenant, Powerhouse Engines, in securing the industrial space.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93