Page 47 - March 2017
P. 47

HEALTHCARE REAL ESTATE, CONSTRUCTION, DESIGN & FACILITY PLANNING


                 Choosing a Building for Business Success                                                                       NAI/Merin Hunter Codman

                                                                                                                              (www.mhcreal.com) is one of
          “Never go to a doctor whose office plants  Tenant Considerations:       Likewise, will a drop-off                   South Florida’s leading commer-
        have died.” -Erma Bombeck              • First and foremost, is the building  location or valet be bene-              cial real estate services firms with
                                             under consideration zoned for medical  ficial due to ambulatory                  over three decades of experience
          The comedian Erma Bombeck was      use? In order to accommodate medical  needs of clients?                          advising clients on strategic
        humorous enough, but in truth, creating  users, a building must be pre-approved for  While any number of              acquisitions and dispositions
        the right medical office setting entails a  such use, which can depend on factors  these points may be key            and providing landlord represen-
        complex formula of considerations.   such as the local traffic count, parking  to operating success,                  tation, tenant representation,
        Nowhere is that more the case than in  capacity, electrical capacity, etc.  Shein berg says that a ten-               property management and con-
        Palm Beach County, where buildings     • What type of build-out will suit pro-  ant should also always  Lesley Sheinberg  struction management services.
        zoned to accommodate medical-office are  fessional medical needs, and what portion  review the general spon-          The firm has expertise in all
        far and few between.                 of those costs is a landlord willing to bear?  sorship of a building – whether ownership  commercial property sectors including
          “Medical office users have unique  Will heavy medical equipment like MRI  is of the depth and quality necessary to  office, retail, industrial, multifamily, hotels
        requirements,” explains Lesley Sheinberg,  machines, for example, necessitate ground  support a building over the long-term. A  and land. NAI/Merin Hunter Codman’s
        a Director at NAI/Merin Hunter Codman,  floor space or heavy floor loads? Will  prospective tenant should inquire as to  client base includes some of the nation’s
        who has been negotiating medical/tech  plumbing be required in multiple rooms  what other buildings the owner operates  most prestigious institutional and private
        office leases for a decade. “It goes far  such as exam rooms or will electrical grids  and consider the inward and outward  equity investors. Operating as part of the
        beyond aesthetics and into electrical con-  need extra capacity?          appearance of the same as well as tenant  NAI Global network, NAI/Merin Hunter
        siderations, equipment loads, ease of  • Is an office building in proximity to  rosters.                      Codman can facilitate property transac-
        patient access, proximity to hospitals, and  the hospital(s) where you, as a medical  As a veteran tenant representation bro-  tions around the nation and the world,
        much more. While requirements may be  professional, have privileges, and is the lat-  ker, Lesley Sheinberg navigates local,  serving as a single point of contact for its
        exacting, the good thing is that medical  ter easily accessible? Bridge openings/clos-  regional and national markets to find the  clients’ counsel and execution. NAI/Merin
        office users are attractive tenants to land-  ings may be a logistical factor in certain  best office space for her clients. While it  Hunter Codman is headquartered in West
        lords; they offer stability and are usually  areas of South Florida.      may be easy to type a few keywords into  Palm Beach, Florida with regional offices
        long-term tenants with whom a landlord  • Are there existing medical firms in a  Google and find what seems to be great  in Boca Raton, Palm Beach Gardens and
        can build relationships.”            building with synergies to you as a poten-  space, it does not provide all the answers.  Wellington.
          Building long-term relationships is, of  tial tenant, i.e. labs, diagnostic companies,  Ms. Sheinberg provides expert advice
        course, integral to the success of a medical  etc.?                       based on superior market knowledge,        For more information, contact Lesley
        practice. But how does that parlay into the  • Is privacy/accessibility a considera-  detailed research and market expertise.  Sheinberg at (561) 471-8000.
        office space equation? Sheinberg discusses  tion? For example, would patients feel  This knowledge coupled with superior
        what tenants should look for when team-  most comfortable with direct, first-floor  negotiation skills places tenants on an  This article was originally published in
        ing with a landlord to become partners in  street access to your medical services or is  even playing field with professionals, land-  the Palm Beach County Medical
        success.                             access through a lobby inconsequential?  lords and owners.
                                                                                                                           Association’s On Call Magazine






              Comprehensive

              Medical Design



              Our goal in medical facilities design
              includes developing spaces that
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        South Florida Hospital News                                                              southfloridahospitalnews.com                                                            March 2017                          47
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