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Powerhouse Engines Leases 90,000 SF at Hamilton's West Kendall Park

The aircraft engine MRO firm is nearly quadrupling its footprint in a West Kendall park that is already 96% leased before delivery.

Edited by James Rogers · How we report
90,000 sq ftNew lease size
10 yearsLease term
3.2%Submarket vacancy
96%Park leased

Powerhouse Engines has signed a 10-year lease for 90,000 square feet across two buildings at Hamilton Development’s Tamiami Logistics Center in West Kendall, according to The Real Deal. The aviation engine MRO firm is moving from its current 25,000-square-foot headquarters nearby, nearly quadrupling its footprint at the Class A park off 14100 SW 136th Street, near Miami Executive Airport.

Why it matters

For developers, the deal is a signal of exactly which tenant profile is signing at today’s Miami-Dade industrial rents: not general logistics, but aviation maintenance, repair and overhaul operators drawn to the county by Miami International Airport and Miami Executive Airport’s concentration of MRO and parts activity. Powerhouse Engines, formed when Powerhouse Capital acquired the South Florida-based Turbine Engine Solutions in 2021, needed heavy power, clear-span bays and truck access rather than last-mile distribution features, a spec that Nashville-based Hamilton built speculatively into Tamiami Logistics Center. The lease also validates the West Kendall submarket as a landing spot for aviation-adjacent industrial demand outside the traditional Airport West cluster.

The numbers

The three-building Tamiami Logistics Center is already 96% leased ahead of its summer 2026 delivery, with only 7,000 square feet remaining in one fully built building. Powerhouse Engines is expected to relocate in the first quarter of 2027. The South Miami-Dade submarket where the park sits posted a 3.2% vacancy rate and a $17.79-per-square-foot average asking rent in the second quarter of 2026, the tightest vacancy of any Miami-Dade industrial submarket, according to Newmark’s second-quarter research. Countywide, Miami-Dade industrial vacancy stood at 6.4% with average asking rent of $15.91 per square foot NNN in the same quarter.

What’s next

Hamilton Development has one block left to lease at Tamiami Logistics Center before the park is fully spoken for, and the deal adds to a construction pipeline that Newmark data shows is increasingly concentrated in the Miami area’s airport-adjacent submarkets. Powerhouse Engines is expected to complete its move into the new headquarters in the first quarter of 2027, giving the company room to expand its leasing, trading and MRO operations from a base nearly four times the size of its current facility.

Sources

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