While co-working is no longer a new concept for entrepreneurs or traditional business employees, it is now becoming a relevant possibility for another industry: healthcare. Now, outpatient medical professionals are beginning to see the advantages of co-sharing spaces. This new co-working model may soon spread across the nation. What Is Co-Working Co-working models have been […]
Medical Co-Working Spaces are Gaining Attention Read More »
There’s a difference between the phrases “cheaper” and “best value.” In commercial real estate (CRE), sometimes a landlord will agree to a lower rental rate for a decent, well-maintained facility. Those agreements offer the best value for the price and are often the result of a thorough negotiation strategy. But many times, a lower price
Why Paying a Lower Rent Rate Doesn’t Always Save Money Read More »
Shopping malls across the country are turning into micro-apartments, hospitals, and ice skating rinks. Large industrial complexes are becoming retail and entertainment venues. In one case, an FDA laboratory was transformed into a Class A office building. Adaptive reuse is far from just a trend, and these properties are becoming more prevalent all over
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The location of a medical facility has always been an important factor in medical real estate. Naturally, physicians need to work in a centralized area where the majority of their patient base can reach them. And they need to consider location factors such as hard infrastructure and public transportation. But now, with the continued expansion
Why Medical Real Estate Location Is More Important Than Ever Read More »
There is a significant reason to believe that the medical real estate sector will grow in the post-pandemic market. In the past, healthcare real estate seemed to have recession-proof qualities. Its continuous growth over the last several years and the recent record-breaking expansion phase of the market cycle all pointed to its ability to thrive.
The Post-Pandemic Growth of Medical Real Estate Read More »
Owning or leasing commercial real estate (CRE) can be a daunting task. Finding the right type of facility, engaging in lease negotiations, and handling lease renewals are just a few of the many complexities involved in CRE. Even one or two real estate-related “to-dos” can easily and understandably become an added burden for a business
Why You Shouldn’t Handle Medical Real Estate without Representation Read More »
The topic of downsizing is a challenging subject for many healthcare professionals. How can a medical practice continue to grow while shrinking its commercial real estate footprint? How can a medical facility best serve a full patient roster while using less square footage? And what employee amenities should remain on site without incurring significant expenses
3 Non-Negotiables When Downsizing Your Medical CRE Space Read More »
Medical real estate is one of the most valuable assets a healthcare practice can have. Building owners profit from monthly revenue from tenants. And tenants directly benefit from facilities in the right locations where their patient bases can thrive. But the key to leasing or owning a profitable healthcare facility is making sure all of
3 Reasons Not to Search for a New Medical Real Estate Facility Alone Read More »
As we discussed in our previous article, Types of Properties within the Healthcare Real Estate Sector, medical offices are a unique property type. The rules and regulations surrounding the sector are specific to the medical field. So it’s no surprise that the buildings follow suit—each uniquely fitting a specific set of medical purposes. There are
The Pros and Cons of Each Type of Medical Facility Read More »
What Is a Medical Commercial Real Estate Broker In the simplest terms, a commercial real estate (CRE) broker is a person who has a license to handle CRE transactions on behalf of their clients. Commercial brokers also often have a four-year college degree and thorough insights on business, economics, and industry-specific terminology. Medical CRE brokers
Services a Medical CRE Broker Should Provide Read More »
