WareSpace Brings Flexible Micro-Bay Warehouse Space to Miami Gardens with $20M Acquisition

WareSpace, a leading operator of micro-bay warehouse space, has announced a $20.42 million acquisition of a 100,000-square-foot property at 4900 NW 167th Street in Miami Gardens — the company's third location in South Florida. The property will be converted into flexible warehouse units expected to serve more than 125 small businesses along one of Miami-Dade County's busiest commercial corridors.

The Miami Gardens acquisition is part of a broader $36.5 million industrial expansion that also includes a first Bay Area property in South San Francisco. Together, the two deals add approximately 164,000 square feet to WareSpace's national footprint, bringing the company to 34 facilities totaling more than 3.2 million square feet nationwide.

The Miami Gardens property has direct access to the Palmetto Expressway and I-95, and sits approximately 18 minutes from WareSpace's existing Medley location and 35 minutes from its Fort Lauderdale facility, which opened earlier this year.

"Miami gives us the opportunity to build on the momentum we've already established in South Florida," said Levi Cohen, Co-Founder and CEO of WareSpace. "Both acquisitions reflect how we're growing — expanding in markets where we've seen strong demand while selectively entering new ones where we see a clear opportunity for the WareSpace model."

WareSpace will reposition the property into flexible, move-in-ready warehouse units typically ranging from approximately 200 to 2,000 square feet. The company's model combines shorter-term leases with all-inclusive pricing and on-site services — giving contractors, e-commerce businesses, distributors, and service companies access to industrial space without the size and long-term commitments of traditional warehouse leases.

The acquisitions follow WareSpace's recent $300 million capital commitment from Jadian Capital and its first portfolio-level acquisition, which added five properties across four new U.S. markets in July. Businesses looking for flexible warehouse space in Miami Gardens can join the waitlist at warespace.com.

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