Miami Children’s Health System signs new HQ lease

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.

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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