Healthcare Realty South Florida Portfolio

SITUATION

  • In 2021, Healthcare Realty needed a new leasing team to lease threw medical office buildings totaling 221,400 SF in Miami-Dade County and engaged Blanca CRE.
  • Buildings lacked a unified brand identity and were facing a significant rollover across its portfolio.

STRATEGY

  • Created buzz with medical brokerage community.
  • Built on existing relationships with hospital leadership.
  • Canvassed market for prospects.
  • Connected with existing tenants for renewals and expansion opportunities.
  • Focused on responsiveness for both new and existing tenants.

RESULTS

  • Increase velocity of new leases and renewals, improved occupancy and garnered higher rental rates.
  • In 2023, Blanca CRE was awarded leasing an additional 10 medical office buildings in Miami-Dade and Broward Counties  with total portfolio totaling approximately 900,000 SF.