Keralty Hospital Miami To Occupy 13,800 SF At New Medical Office Development
The lease brings Miami’s MedSquare Place to full occupancy prior to delivery.
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The lease brings Miami’s MedSquare Place to full occupancy prior to delivery.
The portfolio consists of three waterfront sites, totaling 1.36 acres, each with site plan approval already in-place for the development of a luxury mid-rise condominium with high-end amenities.
Scott Goldstein, Keith Edelman and John Nugent with CBRE represented Aon in the lease negotiations.
He will join the firm’s Miami-based Office Agency Leasing team consisting of Brian Gale, Andrew Trench, Ryan Holtzman, Jeannette Mendoza and Lena Weeks.
For the past 33 years, he has operated a successful brokerage and property management company.
The South Florida market continues on its upward demand trajectory for quality multifamily communities for residents and investors alike.
Construction of Midtown Place at Boca Raton will launch in early 2023, delivering the first major ground-up development of a multi-tenant Class A+ office building to the city in more than a decade. Butters expects to deliver the five-story, $70 million-plus office building by mid-2024.
JLL represented the seller, Pearlmark, and procured the buyer, CS Ventures.
The development broke ground in January this year with an expected completion date in the first half of 2024.
The JLL team of Managing Directors Steven Hurwitz and Doug Okun with Associate Madeline Fine will direct leasing activity at the iconic site.
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