CBRE Arranges Three New Medical Office Leases In Miami Totaling 18,000 SF

CBRE has arranged three new leases totaling more than 18,000 square feet at MedSquare Health, a 121,000-square-foot, newly constructed Class A medical office building in Miami.

Miami Plastic Surgery, an award-winning plastic surgery practice which signed a 10,000-square-foot lease, will relocate from the Baptist Medical Arts Building.

CIRA Centers, a highly technical and professional performance medical diagnostic imaging facility which signed a 5,300-square-foot lease, is adding an additional location in Miami.

Ketamine Health Centers, a leading ketamine infusion therapy treatment center which signed a 3,000-square-foot lease, will relocate from 1430 S. Dixie Hwy. in Coral Gables.

CBRE’s Gordon Messinger represented the landlord, MAS*AJP, in the transaction.

“These new tenants will be joining an expansive roster of national, regional and local medical companies at MedSquare Health, which has only been open since November 2020,” said Mr. Messinger, an Executive Vice President at CBRE. “The property is in a prime location and is the first off-campus Class A medical office to be built in the Baptist Hospital of Miami submarket in more than 20 years.  We continue to see high demand at MedSquare Health and expect more signed leases in the coming months.”

MedSquare Health is a three-story medical office building that is located at 9408 Southwest 87th Avenue, near Dadeland Mall, Miami Marriott Dadeland and major roadways South Dixie Highway and Palmetto Expressway. Current tenants include Gastro Health, Vitas Healthcare, Dental Care Alliance, DermCare and LifeStance Health. The property is a LEED certified building designed by Modis Architects with careful attention to the quality of tenant and patient experience, from the work environment to outdoor gathering spaces, with an emphasis on maximizing natural light throughout with floor-to-ceiling glass windows. Building amenities include a two-story parking garage with valet parking, 7:1,000 parking ratio, an on-site café and shared conference room space.