The Real Deal Miami

Miami Children’s Health System signs new HQ lease

Transaction at 5301 Waterford is county's largest office deal of 2014

April 02, 2014 12:45PM

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5301 Waterford

5301 Waterford

Miami Children’s Health System signed a lease for a new corporate headquarters at the 5301 Waterford office building in Miami.

The 79,156-square-foot transaction is Miami-Dade County’s largest office lease of 2014, according to Cresa South Florida, which represented Miami Children’s in the deal. The organization is transitioning from operating as a hospital to a health system with eight outpatient centers and numerous business divisions. The nine-story 5301 Waterford building is located near Miami Children’s main campus.

Miami Children’s plans to locate non-clinical support and administrative departments at 5301 Waterford.

Cresa managing principals Alan Kleber and John Marshall represented the tenant in the transaction. Stephen Smith and Ana Paula of the Hogan Group represented landlord TIAA-CREF. — Eric Kalis

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