Expert Guidance Helps Endodontist Optimize Real Estate Strategy While Building Long-Term Value
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
Startup Dentist Finds Ideal Location Through Data-Driven Approach with Practice Real Estate Group
When a colleague recommended Peter Hays at Practice Real Estate Group (PRG), Dr. Yei decided to give healthcare real estate experts one more chance.
Lease Renewal vs. Buying: What’s Best for Your Healthcare Practice?
If your lease is coming to an end and you’re debating whether to renew or buy, you’re asking the wrong question.
3 Critical Real Estate Lessons for New Practice Owners
As you prepare to open your first dental practice, selecting the right location will likely be the most significant decision affecting your future success.
Maximizing Your Lease Renewal: How to Secure Significant TI Allowance
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.
Austin Market Report Q1 2021
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.
Dallas Market Report Q1 2021
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 […]
Houston Market Report Q1 2021
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 […]
How Your Real Estate Choices Affect Your Practice Value
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 […]
Choosing Real Estate For Your Practice: Is Retail Right for You?
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 […]
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