Lease roundup: AJP, Mas fully lesse Kendall medical offices

In another deal, Thor Equities scored Velvet Taco as tenant in Wynwood

AJP Real Estate’s Alberto Pérez and Thor Equities’ Joseph Sitt with Wynwood Walk and MedSquare Health medical offices ( AJP Real Estate, Thor Equities)
AJP Real Estate’s Alberto Pérez and Thor Equities’ Joseph Sitt with Wynwood Walk and MedSquare Health medical offices ( AJP Real Estate, Thor Equities, Google Maps)

Cardiovascular Centers of America, HCA Florida Institute for Gynecologic Oncology I MedSquare Health I Kendall

A year after finishing a Kendall medical office plaza, AJP Real Estate and Mas Group fully leased the property. http://therealdeal.com/miami/tag/kendall/

In the recent flurry of deals, Cardiovascular Centers of America took 8,000 square feet; Centers for Imaging and Research of America took 9,000 square feet; and HCA Florida Institute for Gynecologic Oncology took 6,800 square feet at MedSquare Health at 9408 Southwest 87th Avenue, according to a news release from CBRE, whose Gordon Messinger represented the owners.

Also, My OB/GYN Specialists expanded its MedSquare space by 1,600 square feet to 5,000 square feet.

Two of the tenants are moving from elsewhere in Miami-Dade County. Centers for Imaging and Research is relocating from 2760 Southwest 97th Avenue in the University Park neighborhood, and HCA Florida is moving from 7800 Southwest 87th Avenue in Sunset.

The three-story, 116,000-square-foot MedSquare complex is just south of Baptist Hospital.

Alberto Pérez’s AJP and Juan Carlos Mas’ Mas Group paid $5.4 million in 2016 for the 4.4-acre development site, which formerly was a synagogue. A community council approved the project in 2018.

AJP, based in Coral Gables, is a commercial real estate buyer, developer and manager, according to its website.

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Mas is a member of the family whose late patriarch, Jorge Mas Canosa, co-founded MasTec engineering and construction firm based in Coral Gables. His son, Jorge Mas, chairman of MasTec, is an investor in the Miami Freedom Park project that will include a Major League Soccer stadium and mixed-use complex on Miami’s Melreese golf course.

Other MedSquare tenants include GastroHealth, VITAS Healthcare, Dental Care Alliance, Miami Plastic Surgery and LifeStance Health.

Velvet Taco I Wynwood Walk I Miami

Velvet Taco will open its first Florida restaurant in Miami’s Wynwood neighborhood.

The restaurant leased 3,000 square feet at Thor Equities’ Wynwood Walk retail and dining complex on the southwest corner of Northwest 29th Street and Northwest Second Avenue, according to a Thor news release.

Velvet Taco will open in the spring across from Bottled Blonde restaurant and beer garden. It will front Northwest Second Avenue.

The fast-casual dining brand, founded by Randy Dewitt in 2011 and led by CEO Clay Dover, has more than 30 locations in Texas, North Carolina, Georgia, Illinois, Tennessee and Oklahoma, according to the release and media reports. Velvet Taco is based in Dallas.

New York-based Thor is led by Joseph Sitt.