Real Estate Resources

3 Lessons My Clients are Learning Right Now

Drew and Successful Client

As a medical entrepreneur, investing in real estate for your office is likely to be the most crucial decision you’ll make during your career. After years of balancing school and life decisions, making another enormous investment in yourself is a huge accomplishment that also comes with a lot of stress.

TI Allowance and Lease Renewal – Why It’s Worth Engaging a Broker

modern dentist office with frosted glass walls

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. The money is known as the tenant improvement (TI) allowance and it’s negotiated by a broker on behalf of the tenant in …

TI Allowance and Lease Renewal – Why It’s Worth Engaging a Broker Read More »

Austin Market Report Q1 2021

Austin Skyline

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 …

Austin Market Report Q1 2021 Read More »

Dallas Market Report Q1 2021

Dallas Skyline

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 …

Dallas Market Report Q1 2021 Read More »

Houston Market Report Q1 2021

Q1 2021 Houston Final Main Image

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 …

Houston Market Report Q1 2021 Read More »

How Your Real Estate Choices Affect Your Practice Value

Pediatric Dental

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 »

Choosing Real Estate For Your Practice: Is Retail Right for You?

Citadel Way Image

Choosing the right location is vital to the overall success of your practice. Why are more and more health and wellness providers choosing retail space? Is it the right choice for you?  Most medical providers traditionally have utilized office space or standalone buildings and condos for their practices. Today, it seems like there are providers …

Choosing Real Estate For Your Practice: Is Retail Right for You? Read More »

Choosing a location: Demographics and Competition

Screen Shot 2019-10-22 at 10.11.58 PM

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 like the total …

Choosing a location: Demographics and Competition Read More »

Moving to a New Space vs. Renewing Your Lease

calculator_financials-1880

Deciding whether to move to a new space or to renew your current lease can be a challenging decision for even the most experienced business professional. It can also have a huge impact on your business. Ideally you have at least 18 months before your lease is expiring. Creating a plan of action well in …

Moving to a New Space vs. Renewing Your Lease Read More »

Real Estate Investment Options for the Medical Professional

medical real estate for rent

As a driven and accomplished individual, you spent many long hours working while your friends played. You graduated top of your high school class, studied hard in college, made it through the rigors of medical school and residency, and worked as an associate of a practice. Now you own your own practice, as a solo …

Real Estate Investment Options for the Medical Professional Read More »