Startup Dentist Finds Ideal Location Through Data-Driven Approach with Practice Real Estate Group
When a colleague recommended Peter Hays at Practice Real Estate Group (PRG), Dr. Yei decided to give healthcare real estate experts one more chance.
Business
Lease Renewal vs. Buying: What’s Best for Your Healthcare Practice?
If your lease is coming to an end and you’re debating whether to renew or buy, you’re asking the wrong question.
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3 Critical Real Estate Lessons for New Practice Owners
As you prepare to open your first dental practice, selecting the right location will likely be the most significant decision affecting your future success.
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Maximizing Your Lease Renewal: How to Secure Significant TI Allowance
Clients frequently ask me if they can receive money from their landlord to help them update or refresh their space. The answer is yes, and it’s a lot more than you might imagine.
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Austin Market Report Q1 2021
With employees still working from home this quarter, traditional office buildings have copious amounts of vacant space. Small offices are now zooming instead of commuting and/or are downsizing as their spaces come up from renewal.
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Dallas Market Report Q1 2021
Silver Lining With employees still working from home this quarter, traditional office buildings have copious amounts of vacant space. Many businesses used the pandemic to press pause on leasing decisions. This has offered a silver lining to medical office tenants, which are stable businesses and provide essential services. Doctors are in an excellent position to
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Houston Market Report Q1 2021
Office Demand Is Low – Here Are The Numbers: A line graph from Co-Star displays the availability rates climbing in office buildings. Leasing volumes were down more than a third in 2020 compared with 2019, as tenants delayed leasing decisions during the pandemic. Low Demand In Office Is Good For Tenants With employees still working from
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How Your Real Estate Choices Affect Your Practice Value
While not often discussed explicitly when searching for a location, the real estate you choose for your practice can have a significant impact on the value of your practice in a sale. Real Estate is One of Your Largest Fixed Costs Real Estate is Typically the second or third largest cost for a practice behind
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Maximizing Your Negotiating Leverage
In general your leverage in a negotiation is grounded in your next best option. There are, however, several key factors that determine your leverage in any given negotiation. We find that these factors fall into three groups of variables: the market, your business, and your search. Before we get into those, though, it can be
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Your Yearly Lease and Real Estate Check Up
Being smart about your commercial lease can save a lot of headaches and money later, and open up easy-to-miss opportunities. We recommend an easy, four-part strategy: Track Important Lease Dates Many people make the mistake of assuming the only dates that matter in a commercial real estate lease are the start and end date. However,
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