With strategic patience and healthcare-specific expertise, Todd helped the doctors secure their ideal location, proving that with the right guidance, aspiring practice owners can successfully navigate even the most challenging real estate markets.
As the Catheys continued refining their business approach, they realized a critical truth: to serve the patients on their long waiting list, they needed a bigger office. The vision was clear – a larger dental office space would allow them to hire associate dentists and, therefore, see more patients.
This exhaustive exploration of alternatives gave Dr. Roundy the confidence that renewing his current lease was indeed his best strategic move. PRG then negotiated decisively on his behalf, securing several key concessions:
Reducing the landlord’s standard ten-year renewal requirement to just three years, preserving Dr. Roundy’s flexibility for future opportunities
Obtaining a substantial tenant improvement allowance despite the shorter term
Ensuring he could update his entire office with new flooring and modern cabinetry
When a colleague recommended Peter Hays at Practice Real Estate Group (PRG), Dr. Yei decided to give healthcare real estate experts one more chance.