There’s No Perfect Deal, But… 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. Medical office tenants, though, are stable businesses, provide essential services, and are in an excellent …
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 …
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 …
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 …
How Your Real Estate Choices Affect Your Practice Value Read More »
Should I Buy a Practice or Start a New One? You have probably had colleagues both start practices from scratch, and purchase existing practices. With that you have undoubtedly heard that one or the other is “best” and that you’d be making a mistake if you went against their opinion. So what really is the …
You put your practice on the market, found a buyer, negotiated a proposal, and signed a purchase agreement. A win win for buyer and seller. But wait, the landlord must agree to the whole deal? Yes, as frustrating as that sounds, a totally uninvolved 3rd party must consent to your lease being assigned to the …