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News Release: MedSquare Health signs 21,500 sq.ft. in new leases

First Off-Campus Class “A” Medical Office Building Near Baptist Hospital Signed New Leases with Dental Care Alliance, LifeStance Health, and DermCare Management

MIAMI (November 30, 2020) — MedSquare Health, the first off-campus Class “A” Medical Office Building by owners/developers AJP Ventures and Mas Group (MAS*AJP) located next to Baptist Hospital of Miami, is proud to announce that the following companies have signed a total of 21,500 square feet in leases: Dental Care Alliance (10,500 sq.ft.), DermCare Management (6,500 sq.ft.), and LifeStance Health (4,500 sq.ft.).

The new tenants will join the roster of existing healthcare and wellness companies leasing at MedSquare Health, including Gastro Health, VITAS Healthcare, My OB/GYN Specialists, Village Pharmacy and Compounding, and MedSquare Café, operated by Concession Service Systems. MedSquare Health’s exclusive leasing agent is Gordon Messinger, Executive Managing Director of global commercial real estate leader Cushman & Wakefield.

A 116,000-square-foot Medical Office Building, MedSquare Health opened in November 2020 at 9408 Southwest 87th Avenue in Miami, offering tenants a desirable combination of prime location, ultimate access and modern amenities, including an on-site café and a shared conference room for all tenants.

“We’re excited for our new tenants and this opportunity for more healthcare companies to expand their footprint in South Florida to better serve our community,” 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.
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