Global real estate investment manager PGIM has successfully finalized a major industrial lease agreement, welcoming telecommunications and fiber optic network engineering firm New Wave Technology to the Transal Logistics Center in Doral’s highly sought-after Airport West submarket. The newly secured transaction encompasses 28,087 square feet of prime industrial space, positioning the tech engineering firm within one of South Florida’s most dynamic commercial and logistics hubs.
The lease agreement brings together prominent industry players in the South Florida commercial real estate market. The tenant, New Wave Technology, was expertly represented in the negotiations by the brokerage team of Steve Medwin, Nick Wigoda, and Dean Katz from Stream Realty Partners. On the ownership side, global real estate investment manager PGIM was represented by Fairchild Partners, ensuring a seamless transaction for the large-scale industrial footprint located at 8301 Northwest 27th Street.
The Transal Logistics Center has long been recognized as a premier destination for businesses requiring robust distribution, warehousing, and operational capabilities in Miami-Dade County. By securing nearly 29,000 square feet within the modern complex, New Wave Technology gains a strategic operational base that aligns with its growing footprint in the telecommunications and fiber optic sectors. The facility offers the high-clearance ceilings, flexible floor plans, and efficient loading capabilities that modern technology and logistics users demand as they scale their regional operations.
Transportation Connections Support The Location
The strategic appeal of the Transal Logistics Center is deeply rooted in its exceptional connectivity. The property sits immediately adjacent to Miami International Airport, a critical asset for businesses that rely on rapid air cargo shipping, international trade, and frequent executive travel. For a specialized firm like New Wave Technology, which handles intricate telecommunications and fiber optic network engineering, proximity to major transport nodes is essential for moving specialized equipment, technical components, and engineering teams efficiently across the region.
Beyond its immediate adjacency to the airport, the location provides seamless access to the region’s primary thoroughfares, specifically the Palmetto Expressway (State Road 826) and the Dolphin Expressway (State Road 836). These major highway corridors connect the Doral location with key transportation routes serving the entirety of Miami-Dade County and the broader South Florida metropolitan area.
Those critical infrastructure connections help explain the property’s enduring appeal for industrial occupancy. The combination of airport proximity and immediate expressway access gives businesses multiple, highly efficient routes for moving goods, deploying technical services, and reaching customers throughout the region. The lease places more than 28,000 square feet with a prominent tenant at a location that expertly leverages both advantages, reinforcing the Airport West submarket’s status as a dominant force in South Florida industrial real estate.
