Blog

Knox Medical, a Wynwood-based medical marijuana company, has opened its first dispensary in Miami-Dade County at 175 NW 167th Street, marking its ninth medical marijuana dispensary in the state and among several dozen scattered across the country.

FIP Commercial President/Broker Roy Faith and VP of Leasing Julian Huzenman represented Landlord INTERNATIONAL CITY BUILDING II LLC, an entity managed by The Faith Group, in the lease deal.

“We are very happy to have Knox Medical in the City of North Miami Beach,” commented Faith. “This ties into to the medical side of our company, as we see the health sector being a major component within our commercial portfolio. The location of the building makes it very accessible for clients to get to and it’s also within the hospital district. We worked closely with the city throughout the process and they were very receptive.”

The 1959-built building totaling 4,498 square feet offers a superb location immediately east of the Golden Glades Interchange and situated right next to Jackson North Hospital within a huge medical community, including three additional full service medical office buildings owned by The Faith Group, which total 125,000 square feet.

The Faith Group is heavily involved in the medical sector, having completed the development of Aventura Medical Tower, Aventura, Florida’s first medical office and condo project, located In the heart of the Aventura Hospital Medical Campus at 2801 NE 213^th Street, in June 2018. The ‘medical condominium designed by doctors for doctors’ totals twelve floors comprised of 7 parking levels with 472 spaces and 5 floors of office suites housing approximately 105,000 square feet. The project also features just over 6,000 square feet of premium ground floor clinical service space. The tower broke ground in June 2016 and more than 250 physicians, staff, community members, volunteers and elected officials including Enid Weisman, Mayor of the City of Aventura, helped commemorate the topping off event in February 2017.

Knox Medical runs a manufacturing facility and sells a line of vaporizing oils, tinctures, pills, suppositories and topical creams that contain varied concentrations of the high-inducing cannabis compound THC and the non-euphoric CBD.