What Is a “Full-Service” Healthcare Real Estate Team
Full-service commercial real estate (CRE) teams provide well-rounded services for every aspect of a client’s CRE needs. They offer in-depth resources for buying, selling, building, or leasing commercial properties. Full-service advisors handle everything from up-front negotiations to ongoing landlord-tenant communications.
Landlord Representation: Full-service commercial advisors can offer several services for landlord clients. They can assist with lease negotiations and can review leases well before it’s time for tenants to renew them. They can also market a property to sell, help find new tenants, or assist with ongoing tenant communications.
Tenant Representation: Full-service commercial advisors can assist commercial tenants with finding a new property to lease. They ensure the tenant will pay fair market value for their new property. Additionally, they can negotiate the terms of the lease and unique facets like tenant improvements with the property landlord. Over time, they can manage ongoing lease renewals and handle communication between the tenant and landlord for any issues relating to rent or lease terms.
The Alternatives
Some CRE teams only serve a portion of their clients’ CRE needs. Limited service brokerages, for example, offer just what their title describes. They do not provide a full range of CRE resources. Usually, they simply give access to listing platforms, for which they charge a flat fee.
Similarly, discount services provide a small range of services for their clients for a smaller fee than a full-service CRE team. As the name suggests, discount services often do not supply the same level of high-quality, detailed resources that full-service CRE advisors provide.
HBRE’s Team of Full Service Advisors
HBRE is a full-service real estate team. With collective healthcare real estate experience spanning decades, the team is familiar with healthcare transactions of all types. We offer a wide range of services associated with:
Leasing: HBRE assists landlord and tenant clients with the intricate details of a commercial lease. Our team reviews each property and associated lease, negotiating elements such as the buildout, rent rate, lease time frame, etc. For landlords, we also market vacant facilities using several advanced digital resources.
Sales: Our team has experience with all aspects of the buying or selling process for commercial buildings. For landlords, these services include: marketing a property, showing a property, or advising clients on improving property values. For buyers, services include site selection and reviewing markets to search for properties. For both, HBRE handles market research, calculations, lease or contract reviews, and communication between their client and the buying or selling party.
Build-to-Suit Transactions: In some cases, clients will want to lease a building with unique floor plans or specific structural requirements. That type of building might not already exist or be available in the desired market. In these instances, HBRE assists clients in build-to-suit transactions. Our team facilitates the leases and communications between the tenant and landlord regarding what the tenant will need in the new building.
Property Management: In addition to the above healthcare CRE services, HBRE also offers property management services. We can oversee the daily needs of a specific facility. We relieve the landlord of time-consuming tasks like collecting rent or supervising building maintenance.
Healthcare professionals interested in hiring a healthcare CRE team will want advisors who are thoroughly familiar with the healthcare sector. While limited or discount services can help with basic CRE needs, they cannot provide detailed healthcare real estate services.
Full-service teams like HBRE are familiar with the legal and structural requirements associated with healthcare properties. Healthcare professionals looking for a highly skilled, full-service healthcare real estate team can reach out to HBRE with any questions about what services we have to offer—[email protected].
If you are interested in learning more about investing in commercial real estate, or if you have questions about buying, selling, or leasing a commercial property, please contact an HBRE advisor. Our team of experienced CRE professionals have the skills and insight to assist with all property transactions. To reach out to us directly, email [email protected] or call 615-564-4133.