Page 47 - March 2017
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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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