Our Custom Medical Real Estate Development Services take your project from concept to reality
Scour the Market
We have the largest database of available properties in the country, at our disposal. Everyone knows the old adage associated with real estate – “Location, Location, Location” – and it couldn’t be more important than it is today. We will work with you to best understand your patient base in order to ensure the project is located in a way that will help achieve both short term and long term success for the practice.
Drill in to Demographics
Developing your site can be a riskier proposition than a standard real estate lease or purchase – you’re putting a lot more capital on the line. We’ll work to develop an understanding of your business, and craft demographic and competitive studies tailored to your specific business model so you know how to compare the business potential across available sites.
Once you have a site secured, getting your space designed, permitted, bid-out, and built efficiently is crucial to getting your doors open as quickly as possible. Practice Real Estate Group’s in-house construction management team knows how to navigate these steps quickly while keeping your vision front and center.
Property and Portfolio Management
Our property management team employs a hands-on approach to ensuring the long-term value of your investment in healthcare real estate. Our extensive experience working with healthcare properties gives us a unique ability to proactively address the needs of your portfolio of assets from physical maintenance and preventative planning through tenant relations.
Flexibile Business Arrangements for Projects of All Sizes
We establish a unique structure and legal entity for each of our healthcare real estate development projects based upon the core value of serving the needs of our partners and tenants. Our firm specializes in serving as your single point of contact for not only site selection and real estate transaction work, but also the development and long-term operation of real estate facilities. We have extensive experience in partnering with healthcare groups on a fee basis, as your development partner, or as a landlord depending upon the needs of the project.
PRG can own and lease back to you
You own and PRG builds for a fee
PRG can help find funding
From the single doctor practice to the multi-state practice group, our team focuses on the fundamentals which ensure predictable success. Prudent site selection metrics and quality financial information combined with the ability to walk through all of the available options for your practice group ensure your ability to make decisions to help your practice grow to its full potential.
5,000 – 100,000+ Square Feet
Retail, Medical, or Hospital Usage
Single or Multiple Tenant