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Resources
Practice Real Estate Group
7800 Shoal Creek Blvd
Suite 231S
Austin, TX 78757
https://practicerealestategroup.com/
Long Description
We specialize in guiding doctors and healthcare groups confidently through the real estate market. Our comprehensive services enable providers to establish clinics that align with their personal values while maintaining practice control.
A practice owner’s real estate lease isn’t just another contract – it’s the single most significant business agreement they’ll sign until they sell. Their lease will shape the trajectory of the practice and carry substantial financial implications for years to come.
At Practice Real Estate Group, we navigate the intricacies of each lease, uncover hidden risks, and negotiate the terms that matter. In the end, our clients get an airtight lease and invaluable peace of mind.
Key Benefits
- 100 years of combined healthcare real estate experience
- 1,000 healthcare real estate transactions
- 1 million+ square feet of ground-up development and acquisitions
- Thousands of demographics and competition studies produced and analyzed
- Hundreds of thousands of properties and real estate insight housed in our database
- In-house attorney who manages the lease review with your attorney to improve efficiencies
- Collaborative atmosphere that fosters trust and efficient problem-solving
- Proprietary, state-of-the-art system for mapping and accounting for competitive practices
Mission Statement
We aim to be the most trustworthy and knowledgeable real estate team our clients ever work with.
Company Vision
We guide doctors and healthcare groups through their most critical real estate decisions.
Leadership
Thomas Allen
Founder, CRO | Practice Real Estate Group
LinkedIn
Thomas Allen founded Practice Real Estate group in 2014 after several years of working in both medical tenant representation and commercial real estate after college. He has earned a reputation as a smart, creative, and trustworthy advisor to his clients. His vision was to build a company that could deliver that same level of service across the country. Thomas also started the brokerage arm of PRG, Practice Transitions Group, after seeing an opportunity to apply the same approach he took to Real Estate to help his clients sell their businesses. Thomas is a graduate of the University of Texas at Austin.
Fun Facts:
Scratch Golfer
Lives in Austin with wife and 3 Kids
David Williams
CTO, COO | Practice Real Estate Group
LinkedIn
Dave oversees business operations at PRG and PTG. He manages the demographics and competition research teams and product for Practice Real Estate Group and the underwriting team for Practice Transitions Group. He also oversees both Marketing and Sales Ops for both companies. Prior to joining PRG Dave worked for Roikoi, a social recruiting software startup in Austin (acquired by Terminal.io). Dave has a MBA in Entrepreneurship from the Acton School of Business and an educational background in Physics and Environmental Science from Carleton College and TCU.
Fun Facts:
Lives in Austin with wife and 2 kids
Once hiked 230 miles in 10 days
Mark Storey
SVP, Agent, Central Texas Market | Practice Real Estate Group
LinkedIn
Mark handles one of PRG’s primary services: tenant and buyer representation. He manages purchases and lease transactions for clients, including site selections, demographic and competitive analyses, and negotiations.
Fun Facts:
Loves to fish
Lives in Austin with his wife, who is Dutch - they both enjoy traveling to Holland a couple of times per year
Trac Bledsoe
Custom Development Lead | Practice Real Estate Group
LinkedIn
As an experienced Commercial Property Investor and Operator, Trac is focused on generating long-term financial performance through the development and acquisition of medical office and surgery center projects. He focuses on the Acquisition and Development of Healthcare Real Estate and acts as the custom development leader between PRG and its clients.
Fun Facts:
Still owns his first car - a Jeep
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