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The HPRG Blog
The HPRG Blog
With over 20 years of experience, we take the hassle out of finding new dental space for lease and for purchase. You're busy running your practice, so let our team do the heavy lifting for you. Don't go it alone!
Blog By:
Charles Feitel
Charles Feitel

Displaying 26-50 of 81
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Congratulations Dr. Molly McNally!
Posted 10/1/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 12
Congratulations Dr. Molly McNally!
HPRG would like to congratulate Dr. Molly McNally of Lanz Pediatric Dentistry on the opening of her new office at 3402 Washington Rd in McMurray PA. Dr. McNally will be serving the pediatric patients of the area for years to come!  Chris Kaminski of HPRG assisted with the search and lease...  Read More
Why Buying A Medical Office Condo Might Be Right For You (Part I)
Posted 10/1/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 28
Why Buying A Medical Office Condo Might Be Right For You (Part I)
If you're a small practice owner who only needs a few thousand feet of office space, consider buying a medical condo. It's great for practice owners who want all the benefits of ownership without the higher costs. Buying an entire commercial building allows the opportunity for expansion and...  Read More
Why You Should Have A Complimentary Lease Review (Part VII)
Posted 9/23/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 8
Why You Should Have A Complimentary Lease Review (Part VII)
Restoration Clauses  Next, your  will want to take his magnifying glass to any restoration clauses you might have in your lease. Lots of practice owners gloss over them, but if you do that, you're making a big mistake. A restoration clause obligates you to restore the premises to the way they were...  Read More
Why You Should Have A Complimentary Lease Review (Part VI)
Posted 9/19/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 9
Why You Should Have A Complimentary Lease Review (Part VI)
The Right to Have Another Tenant Take Over Next, your will want to look to make sure you have solid options for subleasing or assigning your space. He’ll look at the approval process for getting permission to have another tenant take over and whether you’ll be charged a fee for exercising this...  Read More
Why You Should Have A Complimentary Lease Review (Part V)
Posted 9/16/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 14
Why You Should Have A Complimentary Lease Review (Part V)
Lease Renewal Options Next, your broker will want to look at your lease renewal options. Most commercial leases include one. It should state how long you have to exercise this right before you lose it as well as what the term for the renewal shall be. Make sure you get a complimentary lease...  Read More
Medical Office Condo For Sale
Posted 9/10/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 9
Medical Office Condo For Sale
Medical office condo for sale at 106 Elden St. in Herndon, VA. 2,488 square feet of space. For more information, contact me at (240) 372-4867.   Read More
Why You Should Have A Complimentary Lease Review (Part IV)
Posted 9/9/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 14
Why You Should Have A Complimentary Lease Review (Part IV)
Fair Market Value Your will want to look at your lease to make sure what you're paying for rent is based on fair market value. If rents dropped in your market area since your lease signing, it's time to renegotiate. But before doing that, have your tenant rep look at your lease. He'll compare what...  Read More
Why You Should Get A Complimentary Lease Review (Part III)
Posted 9/5/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 14
Why You Should Get A Complimentary Lease Review (Part III)
Expansion Clauses If your future includes plans for expansion, your  will look to make sure you have a sufficiently robust expansion clause in your lease. Here are two popular ones: RIGHT OF FIRST OFFER (ROFO) If you have Right of First Offer (FOFO) in your contract, you'll get the right to lease...  Read More
Why You Should Get A Complimentary Lease Review (Part II)
Posted 8/29/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 19
Why You Should Get A Complimentary Lease Review (Part II)
CAM Fees Next, your broker will go over what your lease says about Common Area Maintenance (CAM) charges with a proverbial fine-tooth comb. He'll look to see how your landlord is actually calculating CAM fees and compare that to the method he's supposed to be using. This method will be specified...  Read More
Why You Should Get A Complimentary Lease Review (Part I)
Posted 8/26/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 13
Why You Should Get A Complimentary Lease Review (Part I)
If you're ready to sign a lease without having a tenant rep look at it, you're making a big mistake. It could be poorly written, and because your expertise lies elsewhere, you wouldn't even know it. This could be disastrous.  It's even worse if you signed one without having a tenant rep broker...  Read More
8 Tips To Make Your Dental Office Relocation Easier (Part III)
Posted 8/20/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 20
8 Tips To Make Your Dental Office Relocation Easier (Part III)
8. Safely (And Securely) Dispose of Old Electronics  When you're getting ready to move into your beautiful new office space, you're invariably going to come across old employee phones, laptops, and computers that have seen better days. With the advent of Electronic Health Record (EHR) Software and...  Read More
8 Tips To Make Your Dental Office Relocation Easier (Part II)
Posted 8/15/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 38
8 Tips To Make Your Dental Office Relocation Easier (Part II)
6. Hire a Mover Hire a company that has considerable experience in relocating dental practices. Moving a dental office is vastly more complicated than moving other types of offices and you want to make sure they can handle the job. The right company will know precisely how to pack, transport, and...  Read More
8 Tips To Make Your Dental Office Relocation Easier (Part I)
Posted 8/12/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 38
8 Tips To Make Your Dental Office Relocation Easier (Part I)
One of these days, you might find yourself having to relocate your office. Maybe you lost your lease. You might even be growing at such a prodigious rate your current office square footage is no longer big enough for you. For some medical practitioners, this can be a very stressful time. That's...  Read More
8 Mistakes Dentists Make When Leasing Their First Office Space (Part III)
Posted 8/5/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 19
8 Mistakes Dentists Make When Leasing Their First Office Space (Part III)
6. Not Reading the Fine Print Dentists often fail to understand how important it is to read their lease thoroughly. By not doing this, they won't understand what it is they're agreeing to. One of the reasons to carefully read your lease is that there may be arcane language written on purpose to...  Read More
8 Mistakes Dentists Make When Leasing Their First Office Space (Part II)
Posted 8/1/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 25
8 Mistakes Dentists Make When Leasing Their First Office Space (Part II)
4. Not Choosing the Right Area A common mistake of first-time practitioners is selecting a location before they know which kind of patients they want to attract. This is backward. Choose the type of patient you want to work with first, and then choose a location. Because then, you can look for a...  Read More
8 Mistakes Dentists Make When Leasing Their First Office Space (Part I)
Posted 7/30/2019 by Charles Feitel in The HPRG Blog   |  Comments: 2  |   Views: 28
8 Mistakes Dentists Make When Leasing Their First Office Space (Part I)
When you're looking for your first dental office space, you've got to tread carefully, because there are many pitfalls on the way. Just succumbing to one of these could cost you thousands of dollars.  There are unscrupulous landlords out there, mind-numbing legalese, and other landmines that can...  Read More
The 5 Steps On Your Journey To Finding Dental Office Space (Part V)
Posted 7/17/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 15
The 5 Steps On Your Journey To Finding Dental Office Space (Part V)
Build-Out Design   This is where the layout of your space will be finalized, and the look and feel of it will begin to take shape. A build-out design should be flexible enough to encompass the future goals you have for your practice. Once the plans are finalized and you have had a chance to review...  Read More
The 5 Steps On Your Journey To Finding Dental Office Space (Part IV)
Posted 7/15/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 25
The 5 Steps On Your Journey To Finding Dental Office Space (Part IV)
5. Completing the Build-Out  Now that you’ve settled on an office, it’s time to transform it into the beautiful, functioning space that’s a perfect reflection of the vision you have for your practice. How long your build-out will take depends on several factors. One of these is the scope of the...  Read More
The 5 Steps On Your Journey To Finding Dental Office Space (Part III)
Posted 7/8/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 20
The 5 Steps On Your Journey To Finding Dental Office Space (Part III)
4. Negotiating for Space  Next up are lease negotiations. Although you're highly skilled at saving patients' lives, you're probably don't have any negotiating skills. And why should you? Your expertise lies in another area. That's why you should hire a  who specializes in healthcare real estate...  Read More
The 5 Steps On Your Journey To Finding Dental Office Space (Part II)
Posted 7/6/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 18
The 5 Steps On Your Journey To Finding Dental Office Space (Part II)
2. Finding A Broker When medical practitioners are in the market for new space, they’re often tempted to go it alone without an experienced guide by their side. Mostly, they make this mistake because they erroneously think they’re saving money. What medical professionals don’t know is that it...  Read More
The 5 Steps On Your Journey To Finding Dental Office Space (Part I)
Posted 7/5/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 17
The 5 Steps On Your Journey To Finding Dental Office Space (Part I)
With the possible exception of buying highly specialized medical equipment, leasing space will be the single biggest cost for your practice. Don't underestimate the importance of office space for making a great impression. Patients aren't going to want to come to a drab, uninspiring space that...  Read More
What A Dental Real Estate Tenant Needs To Know About Rent Escalation Clauses (Part III)
Posted 6/22/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 13
What A Dental Real Estate Tenant Needs To Know About Rent Escalation Clauses (Part III)
Expense Stops If you have a full-service gross lease, you'll pay a base rental rate. The landlord has to pay for any additional costs. But sometimes, landlords put something called an expense stop in the lease.  This means tenants pay for all operating costs above an agreed-upon amount. Landlords...  Read More
What A Dental Real Estate Tenant Needs To Know About Rent Escalation Clauses (Part II)
Posted 6/19/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 25
What A Dental Real Estate Tenant Needs To Know About Rent Escalation Clauses (Part II)
Types of Rent Escalation Clauses There are a couple of types of rent escalators: Stepped Rent Escalation Clauses This type of rent escalation allows your landlord to increase your rent at specific intervals. For example, you might pay $30 a square foot in year one, $31 in year two, $32 during year...  Read More
What A Dental Real Estate Tenant Needs To Know About Rent Escalation Clauses (Part I)
Posted 6/17/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 14
What A Dental Real Estate Tenant Needs To Know About Rent Escalation Clauses (Part I)
Unfortunately, commercial leases have something in them that you never had to worry when you were buying your home. And that's rent escalation clauses. These clauses allow an owner to increase your rent at regular intervals. Sometimes, tenants and landlords argue over whether there should even be...  Read More
What Your Landlord Doesn't Want You To Know About Dental Office Leases (Part V)
Posted 6/12/2019 by Charles Feitel in The HPRG Blog   |  Comments: 0  |   Views: 14
What Your Landlord Doesn't Want You To Know About Dental Office Leases (Part V)
An Experienced Healthcare Real Estate Agent is Your Ace in the Hole  Don't enter into lease negotiations without an experienced healthcare real estate agent by your side.   Some people will tell you that negotiations are easy because the landlord writes the lease and takes care of everything else...  Read More
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