CBRE ARRANGES THREE NEW MEDICAL OFFICE LEASES AT MEDSQUARE HEALTH IN MIAMI

Miami – Sept. 22, 2021 – CBRE has arranged three new leases totaling more than 18,000-sq.-ft. at MedSquare Health, a 121,000-sq.ft., newly constructed Class A medical office building in Miami.


Miami Plastic Surgery, an award-winning plastic surgery practice which signed a 10,000-sq.-ft. 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-sq-ft. lease, is adding an additional location. Ketamine Health Centers, a leading ketamine infusion therapy treatment center which signed a 3,000-sq.-ft. lease, will relocate from 1430 S. Dixie Hwy. in Coral Gables, Fla.


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


“These new tenants will be joining an expansive roster of existing healthcare and wellness 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. As a result, we are seeing high demand in this building, as several prominent companies have expressed interest very recently. I wouldn’t be surprised if we sign several more leases at this location 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. 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.

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