In the CRE Vault with Mike and Marc
NAI FMA Realty presents "In the CRE Vault", a must-listen podcast for anyone interested in commercial real estate. Our co-hosts, industry veterans Mike Ball and Marc Hausmann, will take you on a deep dive into the latest topics and trends shaping the industry.
Each episode, Mike and Marc will share their expertise and perspectives alongside a first-class line up of economic, city, and industry professionals, to provide valuable insights and actionable advice for anyone looking to navigate the complex world of commercial real estate.
With a focus on real-world examples and practical advice, "In the CRE Vault" is the ultimate resource for anyone looking to make informed decisions about commercial real estate. So, whether you're a seasoned investor, a business owner looking for space or simply curious about the industry, be sure to tune in and discover the insights you can use.
In the CRE Vault with Mike and Marc
Examining the Medical Office Sector
In this episode Mike Ball and Marc Hausmann, CCIM discuss the nuances involved with leasing medical office space. Mike and Marc discuss post-covid trends and changes. They get into detail about the different types of medical offices, amenities, and designs. In addition, they explain the costs and challenges associated with moving or opening a new medical practice. After this episode listeners will have a better understanding of lease rates, expected lease terms, and what different medical users may need for their specific practice.
Episode Notes:
Introduction to medical office (0:00)
The need for specialization in medical office (1:32)
Types of medical office space, amenities, & design (2:30)
Current medical office user trends post-pandemic (9:53)
Average medical office size and configuration (12:35)
Different classes of medical office and expected rates (17:48)
Costs associated with the relocation of a medical user, such as tenant improvements and insurance reimbursement (21:16)
Expected lease term for medical office (24:37)
Medical office site selection (26:44)
