How Can We Help?
We are a licensed brokerage handling the leasing and purchasing requirements of the medical community. The leasing requirements of medical office buildings are unlike those of other commercial space. A successful medical office building usually results from a carefully orchestrated tenant mix, involving appropriate ratios of medical practitioners, specialists and service providers like laboratories, pharmacies or physical therapy clinics and radiology.
In today’s market, renewals are the most cost-effective key to the financial viability of a building and they ensure the continued support of the service tenants. PAR-Med has the specialized experience and knowledge to ensure the right mix of tenants and services is achieved.
Medical building owners must contend with a host of issues that are specific to this particular asset class. One of the most onerous is the cost of carrying vacant space. This is all the more important given that the market for available doctor tenants is low growth.
We’re active in the medical office leasing market, regularly completing over 300 lease transactions per annum. We have first-hand knowledge of the financial opportunities that medical service tenants derive from being situated in a medical building and work to ensure landlord and tenant satisfaction. This enables our clients to negotiate leases from a position of knowledge.