Hodson Realty

Experience the benefit of Hodson Realty's commercial, industrial & investment team. Through principled negotiations and more than 25 years of valuation & negotiation experience, we help each client reach their real estate investment goals.

Monday, June 28, 2010

Commercial Medical Space

We have several leases pending with medical professionals who are seeking satellite offices in other communities or are simply expanding their existing space or consolidating their space.

One great option for physicians, dentists and other medical professionals is the medical office
condominium concept. These professional units allow the doctors to own their own unit and gather in a building that has other physicians. The collected occupancy of such medical office condominiums tends to allow for synergies between practices. If the building is newly constructed with a high amount of vacancy a buyer may be able to first acquire a smaller unit and also receive the right of first refusal on some of the adjacent, vacant.

The acquistion of this type of product can lead to an equity build up situation similar to that of owner your own residence. Just be sure that you select the best location for your practice and take into account your plans for future business growth.

Tuesday, June 22, 2010

Commercial Real Estate Activity

Leasing activity has increased with several companies seeking field offices in other communities and other companies entertaining start up businesses. Some market segments have grown and these businesses are seeking to expand while reducing their annual rent expense.

Some professionals are seeking purchase properties for owner/user purposes as financing levels are at very reasonably levels for buyers with sterling credit scores and outstanding financials.