Jet Engine Technology Corporation has acquired a 112,000-square-foot industrial building in Doral, Florida, in a transaction brokered by Transwestern. The property, located at 2100 NW 88 Court, traded for $29.5 million and sits within America’s Gateway Park, a master-planned industrial area with close access to Miami International Airport.
Transwestern’s team of Carlos Gaviria, Ben Eisenberg, Walter Byrd and Thomas Kresse represented Jet Engine Technology Corporation in the acquisition. Casal Group represented the seller, Century Properties. According to the report, the building is located just down the street from Jet Engine Technology Corporation’s existing headquarters, reinforcing the company’s footprint in this established industrial corridor.
The South Florida Business Journal previously reported that the warehouse last sold for $17.26 million in 2024. The latest sale price of $29.5 million reflects a notable increase over that prior trade, highlighting the recent trajectory of values for functional industrial assets in this submarket. The property was originally developed in 1984 on a 4.7-acre site, providing both building area and yard space for logistics and aviation-related uses.
The building’s position within America’s Gateway Park places it in a location with convenient connectivity to Miami International Airport. Proximity to the airport is a key consideration for aviation-related operations, and the property’s logistics profile is central to its appeal for a company focused on jet engine repair and maintenance services.
Founded in 1997, Jet Engine Technology Corporation operates as a Federal Aviation Administration Part 145 Certified Repair Station. With this acquisition, the company plans to take over the entire building to support the expansion of its FAA Repair Station operations. This full-building, owner-occupier strategy suggests that the asset will be integrated directly into the company’s core operations rather than being leased to third-party tenants.
The additional space is intended to accommodate Jet Engine Technology Corporation’s growth plan for its repair and overhaul services. By consolidating an expanded footprint near its headquarters and close to Miami International Airport, the company is positioning itself to increase throughput and operational capacity within an established industrial cluster. The transaction also underscores ongoing investor and occupier interest in well-located industrial properties in Doral, particularly those aligned with aviation and logistics demand drivers.
While specific financing terms and cap rate metrics were not disclosed, the combination of a sizable building, strategic airport-adjacent location, and owner-user expansion narrative makes this deal a notable industrial trade within the Doral market. The sale further illustrates how specialized industrial users continue to compete for limited, well-situated inventory, particularly in submarkets that directly serve critical transportation hubs.
