facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Lease

/

4151 West 108th Street

Turbine Engine Services Company Leases 83,000 Square Feet In Hialeah Industrial Property
LEASEDIndustrial

Turbine Engine Services Company Leases 83,000 Square Feet In Hialeah Industrial Property

4151 West 108th Street & 4241 West 108th Street

Building Size

233,000 SF

Asset Type

Industrial

Closing

Jul 1, 2026

AI

4151 West 108th Street & 4241 West 108th Street in Hialeah, FL is an industrial property totaling 233,000 square feet. This site is part of Countyline Corporate Park Phase III and consists of two buildings, which together make up approximately 422,000 square feet. The landlord for this property is Blake Baird of Terreno Realty Corporation.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Landlord: Blake Baird - Terreno Realty Corporation
  • Leased by: A turbine engine services company for 83,000 square feet and a global wholesale packaging company for a renewal of 43,000 square feet with an expansion of 106,000 square feet
  • Total Square Feet Leased: 233,000
  • Commitment Duration: Long-term commitments extending to 2035

The turbine engine services company secured 83,000 square feet in Building 26, while the global wholesale packaging company renewed its lease for 43,000 square feet and expanded into an additional 106,000 square feet in Building 28. The transactions ensure full leasing of both buildings in the corporate park.

Players

Blake Baird

Terreno Realty Corporation

Landlord

$2B

vol

55 deals

Landlord

Hialeah Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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