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Cushman & Wakefield Selected to Lease New Mercy Medical Arts Building

Mercy Medical Arts
Mercy Medical Arts

Director Michael H. Feldman was Named Exclusive Leasing Representative for Tampa Developer Onicx’s New Class A Medical Office Building on the Mercy Hospital Campus in Miami

MIAMI, FL, February 14, 2017Cushman & Wakefield announced today that it has been named exclusive leasing advisor for Mercy Medical Arts, a new Class A medical office building on the Mercy Hospital campus.

Director Michael H. Feldman was selected by Tampa-based developer Onicx to lease the asset.

Mercy Medical Arts is a five-story, Class A 103,917-square-foot medical office building. The state-of-the-art asset offers brand new construction, wide views of Biscayne Bay, custom floor plans, covered patient drop-off, hurricane-rated windows, an EVR cooling system, a backup generator, security cameras and programmable card key access system. The building will soon be certified by the Florida Green Building Coalition.

Mercy Medical Arts is already in late stage discussions with several regional healthcare clients. Available suites range from ±2,500 to ±26,500 square feet with asking rental rates ranging from $36 to $39 per square foot modified gross.

Mercy Medical Arts is located at 3683 South Miami Avenue on the campus of Mercy Hospital. This location also provides exceptional access to US 1, downtown Miami and Interstate 95.

Mercy Hospital is a 488-bed acute care facility affiliated with over 700 physicians representing 27 medical specialties. It has served South Florida for more than 60 years and offers care through its Heart Center, Maternity and Women’s Health Center, Miami Cancer Center, Minimally Invasive Institute, Orthopedics Institute and the Surgical Weight Loss Center. The hospital is in the midst of a $26 million upgrade.

“Mercy Medical Arts offers healthcare providers a unique opportunity to locate their practice in the only newly-constructed Class A space on the Mercy Hospital campus,” said Feldman. “There are no comparable medical office buildings on campus that can offer expandable custom layouts, modern design features and energy efficient building amenities. We expect strong demand from potential tenants as a result.”

About Cushman & Wakefield

Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

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Mercy Medical Arts Photo
Michael Feldman Headshot