CBRE Secures New Medical Office Leases, Brings MedSquare Health To Full Occupancy

CBRE secured 24,200 square feet of new medical office leases at MedSquare Health, the first off-campus Class A medical office building to be built in the Baptist Hospital of area Miami in over 20 years.

These leases bring the project to full occupancy.

Cardiovascular Centers of America signed a lease for 8,227 square feet. Centers for Imaging and Research of America signed a lease for 9,212 square feet and is relocating from 2760 SW 97th Avenue. HCA Florida Institute for Gynecologic Oncology signed a lease for 6,795 square feet and is relocating from 7800 SW 87th Avenue. My OB/GYN Specialists is expanding its space by an additional 1,611 square feet, bringing its total square footage to 5,036 square feet.

CBRE Executive Vice President Gordon Messinger represented MAS^AJP, the owner and developer, in lease negotiations.

“The new leases bring MedSquare Health to full occupancy, marking our second successfully leased medical development in Miami with MAS^AJP. When securing leases for the building, the team thoughtfully curated a diverse tenant mix of leaders in their individual specialties,” said CBRE’s Messinger. He added, “MAS^AJP continues to grow its MedSquare portfolio with well-designed and well-located medical office buildings. Their vision and commitment to delivering high-quality products continues to resonate with the healthcare community.”

MedSquare Health is a three-story, 116,000-square-foot Class A medical office building located at 9408 SW 87th Ave. Other tenants at the property include GastroHealth, VITAS Healthcare, Dental Care Alliance, Miami Plastic Surgery and LifeStance Health. The property is a LEED certified building designed by Modis Architects. Building amenities include a two-story parking garage with valet parking, an on-site café and shared conference room space. It is easily accessible by Don Shula Expressway and Palmetto Expressway.

Earlier this year, Messinger brought MedSquare Place, another project with MAS^AJP, to full occupancy prior to delivery.

 

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