MIAMI—Real estate investment and development firm MAS AJP announced in late June a partnership with Flagler Healthcare Solutions, a firm specializing in healthcare real estate investment, asset management, and brokerage.

Led by founding partners Alberto J. Pérez and Juan Carlos “J.C.” Mas of MAS AJP and Chris Coots of Flagler Healthcare Solutions, the joint venture, titled FLAGLER MAS AJP, brings together two of South Florida’s leading healthcare real estate players, united by a shared mission to foster healthier communities and create buildings that enhance wellness.

FLAGLER MAS AJP will expand their portfolio with the development of five Class A medical office buildings in Florida. These buildings will be forthcoming locations for MedSquare®, modern medical office facilities created by MAS AJP.

“MedSquare® will fill a geographical gap for health professionals looking to better serve their patients, and we couldn’t think of a more qualified partner than Flagler Healthcare Solutions to help us grow and expand the MedSquare® brand experience,” stated Alberto J. Pérez, founding partner of FLAGLER MAS AJP and managing principal of MAS AJP.

This strategic alignment aims to bolster FLAGLER MAS AJP’s market position in the healthcare sector, ensuring the delivery of comprehensive and modern real estate solutions to meet the evolving needs of the ever-changing healthcare provider and operator. This partnership combines MAS AJP’s construction and development expertise with Flagler Healthcare Solutions’ innovative, data-driven investment services, and leverages their experience managing more than $1 billion in healthcare assets globally.

“With over two decades in the healthcare real estate industry, Flagler’s principals have owned, developed, and managed various assets across the continuum of care, including inpatient, outpatient, and post-acute care facilities,” stated Chris Coots, founding partner of FLAGLER MAS AJP and Flagler Healthcare Solutions. “As owners and advisors of over 5 million square feet transacted, we quickly recognized the obsoleteness of the majority of existing medical properties in the U.S. and realized the dire need for new class A medical buildings in the marketplace. Healthcare is ever-changing, and in today’s world, it is essential to have access to state-of-the-art medical technology and provide a holistic environment where the highest quality of care can be delivered. Partnering with MAS AJP, we truly believe we have realized the final piece in building the best in class real estate solutions for the healthcare industry.”

FLAGLER MAS AJP will provide comprehensive business planning, construction management, leasing, and facility management services to bring its MedSquare® projects from conception to completion.

Boasting a contemporary design and state-of-the-art amenities, the new MedSquare® developments will be meticulously designed and constructed to cater specifically to the needs of healthcare practices. The first three locations are slated to break ground in fall 2024 in the Westchester neighborhood of Miami, Port St. Lucie and Boynton Beach.

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The real beauty of this iconic building is the fact that the original development was created by long-time Fullerton doctors, and the design has successfully kept the building the same while also giving it a complete facelift in line with the commercial building renovation plans. The renovation details include 35,660 square-feet, a three-story corporate medical office building, prominent monumental signage available, half-mile proximity from the St. Jude Medical Center, a 2.49-acre site with abundant, free surface parking at 5.7:1,000-square-foot parking ratio, on-site storage, business bathroom retrofit and 34,000 cars per-day on Harbor Boulevard. Perhaps one of the best features of the building is the amount of privacy it will provide for the business. Many businesses like open spaces and large windows, in order for the employees to feel happier and more comfortable within their surroundings, however, this does not always afford privacy. Therefore, having tinted windows from companies like Frost Shades of Nashville East is a good investment, to ensure that the building has openness as well as privacy.

According to a statement, the three-story, 35,660-square-foot medical building now renders a full reskin of the building, boasting a new facade with a prominent main entrance, a glass enclosure for the second floor walkway; upgraded signage, including monument and building top signage; drought-resistant landscaping; a resurfaced parking lot; new lighting throughout the property; and renovations made to all of the mechanical systems. The available suites range in size from approximately 1,500 square feet to an entire floor just under 15,000 square feet.

Tenants will also be able to enjoy plentiful surface parking and prime golf course views, according to a statement. Overall, the primary renovations were made to the exterior of the project, while all interior renovations will be made to suit specific tenant requirements.

Jayne Flinn, president of Flinn West, explained that the building is aesthetically pleasing and bold signage makes wayfinding easier for patients looking for their care provider.

“The renovations to the landscape and entrances meet ADA and handicap requirements, so patients will have the ability to reach their medical care with more efficient access,” said Flinn.

The lighting improvements on the exterior and interior walkways allow good visual capability, and the surface parking field allows ease in parking and access. The renovation was originally rumored to have the help of electrician services within the Darien area, however, due to the time scale of the project, it was suggested that a local service take on the project instead. The renovation also had Numerous benches and common seating areas added in exterior covered areas, allowing patients additional waiting areas beyond the interior physician waiting rooms. This gives the patient a choice to experience an exterior waiting area while possibly avoiding unwanted germs.

“The renovations were very well thought out and performed to preserve the original design of this iconic building but to bring it to today’s codes and to allow ease of access and upgraded improvements for both the physician and the patient,” said Flinn.

Renovations for the project kicked off at the end of 2016.

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