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Mercy Professional Buildings

Location: 3659-3661 S. Miami Avenue | Miami, FL
191,595 SF – Building I: 10 floors 115,114 SF; Building II: 6 floors 76,481 SF
Multi-tenant medical office
Year Built: 
1973, 1986
Services Provided:
 Property and Facility Management

Project Description:
Holladay assumed management of the Class B Mercy Professional Buildings in 2014. At the time, the facilities were roughly 60% occupied and 44 tenants did not have current leases. Holladay invested $5 million for upgrades in the buildings, including terrazzo flooring, wall finishes, new ceiling grid, LED lighting, new signage, restroom renovations, elevator modernization, and exterior repairs. Today, Mercy is stabilized and occupancy has increased by more than 20,000 square feet.