New Medical Building Near Baptist Hospital Signs New Leases with Gastro Health, VITAS Healthcare,
My OB/GYN Specialists, Village Pharmacy and Compounding, MedSquare Café, Studio M Pilates and Yoga, and South Miami Physical Therapy & Pilates
MIAMI (January 15, 2020) — MedSquare Health, a new $40 million Class “A” Medical Office Building by owners/developers AJP Ventures and Mas Group located next to Baptist Hospital of Miami, is proud to announce that the following businesses have signed a total of 63,000 square feet in leases: Gastro Health, VITAS Healthcare, My OB/GYN Specialists, Village Pharmacy and Compounding, Studio M Pilates and Yoga, South Miami Physical Therapy & Pilates, and MedSquare Café, operated by Concession Service Systems. MedSquare Health’s exclusive leasing agents for the property are Gordon Messinger and Ericka Witkowski of global commercial real estate leader Cushman & Wakefield.
A new 116,000-square-foot Medical Office Building expected to open in June 2020 at 9408 Southwest 87th Avenue in Miami, MedSquare Health will offer tenants a desirable combination of prime location, ultimate access and modern amenities. The new facility will expand the footprint of some of South Florida’s leading healthcare and wellness companies, including:
- Gastro Health: 34,000 square feet on the second floor of the main building
- Vitas HealthCare: 19,000 square feet in annex building
- My OB/GYN Specialists: 5,100 square feet on the first floor of the main building
- Village Pharmacy and Compounding: 1,400 square feet in annex building
- Studio M Pilates and Yoga/South Miami Physical Therapy & Pilates: 2,250 square feet in annex building
In addition, MedSquare Café will be operated by Concession Service Systems and open in the annex building of the property, occupying 1,250 square feet. The café’s amenities will include a shared conference room available for tenants.
“We’re excited for our new tenants and this opportunity to serve our community in all areas of healthcare and wellness through a full spectrum of integrated providers encompassing every stage of life,” stated Alberto J. Pérez, Founder and President of AJP Ventures, and owner/developer of MedSquare Health.
ABOUT MEDSQUARE HEALTH
MedSquare Health is the first off-campus Class “A” Medical Office Building to be built in the Baptist Hospital of Miami submarket in over 20 years. Managed by owners/developers AJP Ventures and Mas Group, the three-story property will offer medical office solutions, customizable office areas and leasing space with a variety of tailor-made options for tenants. 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. MedSquare Health is located at 9408 SW 87th Avenue, Miami, Florida. For more information, please visit www.medsquarehealth.com.
ABOUT AJP VENTURES
Founded by Alberto J. Perez, AJP Ventures is a firm that acquires, develops and manages commercial real estate throughout South Florida, and provides investors and partners superior risk-adjusted returns throughout the multiple stages of the real estate market cycle. AJP’s notable, current commercial real estate projects include MedSquare Health, Mandarin Parc, MedSquare Place and One MedSquare. For more information on AJP Ventures and their current projects, visit http://www.ajpventures.com.
ABOUT MAS GROUP
Juan Carlos Mas leads the Mas Group of Companies, an investment group that seeks out strategic and transformational investments in real estate, construction equipment, healthcare, and technology sectors. The Mas Group looks for opportunities not just to add capital, but to add its significant operational and strategic expertise in helping companies achieve their objectives. In addition to MedSquare Health, the Mas Group has invested in millions of square feet of real estate projects, encompassing all stages of development across multiple sectors. For over three decades, Mr. Mas has invested in, started, and advised numerous companies, helping to unlock shareholder value through growth initiatives and strategic acquisitions. For more information, please contact the Mas Group at 305-448-1088.
ABOUT CUSHMAN & WAKEFIELD
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
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