Market Analysis

Dr. Roundy had about 14 months left in his medical office space lease and he needed to give notice to his landlord if he wanted to renew, but he wondered what his other options were.

Expert Guidance Helps Endodontist Optimize Real Estate Strategy While Building Long-Term Value

Market Analysis, Moving Your Business, News, Real Estate, Real Estate Investing, Renewing a Lease / By

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

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Choosing a location: Demographics and Competition

Buying a Practice, Market Analysis, Moving Your Business, Real Estate, Starting a Practice, Starting Up / By

How are demographic studies used to help choose good practice locations? We use demographic studies in a couple of ways to help clients find good locations. The first is breaking down large areas into sub-areas. We then compare those chunks on important demographic variables for the client. We often use variables including but not limited

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