Maimonides Medical Center has signed a 54,000-square-foot lease to consolidate its administrative offices at a newly constructed office condominium at 5402 Fort Hamilton Parkway in Borough Park, Brooklyn. This 30-year leasehold agreement with Royal Builders Development looks to streamline operations by uniting back offices under one roof, enhancing the quality of the workspace.  

Nick Zweig of Locations Commercial Real Estate brokered the deal. The building also features a rooftop terrace, 10,000 square feet of underground parking, and ground-floor retail space, which Maimonides plans to lease to a food service establishment. This move follows Maimonides’ recent 25,000-square-foot lease at 809 Atlantic Avenue in Clinton Hill, where the health system will relocate a primary care facility and provide surgical and OB/GYN services.