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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:
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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:
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Displaying 26-50 of 65
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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
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: 24
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: 19
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
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
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
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...
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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: 22
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...
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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: 13
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...
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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: 13
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...
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What Your Landlord Doesn't Want You To Know About Dental Office Leases (Part IV)
Posted 6/9/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 15
Go for A Shorter Lease Term Sometimes, landlords are desperate to rent space and may try to talk you into agreeing to a lease with a longer term. For new practitioners, a one-year lease with a renewal clause is best. But if your landlord won't take a one-year contract and you really want the...
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Dental Real Estate Seminar in Virginia
Posted 6/6/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 12
30 dentists enjoying the dental seminar sponsored by HPRG and others. Lots of great information was shared in Tyson's Corner, VA that evening!
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What Your Landlord Doesn't Want You To Know About Dental Office Leases (Part III)
Posted 6/6/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 15
Deceptive Language Landlords are sneaky in the way they word leases. The first year, everything might seem fantastic with your beautiful new office space. You got a great rate on your rent. And, your share of the CAM fees appears to be reasonable. But in the second year and beyond, what you pay for...
Read More
What Your Landlord Doesn't Want You To Know About Dental Office Leases (Part II)
Posted 5/31/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 13
CAM Fees CAM fees are what you pay for your use of the common areas of the building. Common Area Maintenance (CAM) fees are a normal part of every lease. To figure out this number, landlords use a little something called a “load factor.” This is the formula for it: Rentable Square Feet/Usable...
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What Your Landlord Doesn't Want You To Know About Dental Office Leases (Part I)
Posted 5/29/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 18
When you enter into lease negotiations with your prospective landlord, you desperately want to believe that he’ll negotiate everything in good faith. Therefore, you want to give him the benefit of the doubt. After all, why wouldn’t you? No one wants to think the worst of another person. This...
Read More
Dental Seminar on June 4th
Posted 5/23/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 11
THIS EVENTS EVENT IS OFFICIALLY SOLD OUT! I can't wait for June 4th. Stay tuned for an exciting event in the fall!
Read More
What You Should Know Before Doing A Dental Office Build-Out (Part V)
Posted 5/19/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 15
Plan Ahead It can take months to find a team who can breathe perfect life into your dream and do justice to your vision. That’s why it’s imperative you start the planning process as soon as you can. Whatever type of space you decide on, it’s important to make sure you devote enough time to the...
Read More
Dental Seminar on June 4th
Posted 5/16/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 11
Read More
What You Should Know Before Doing A Dental Office Build-Out (Part IV)
Posted 5/8/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 27
The Design Phase of Your Project It’s time to come up with a design that makes sense for you. Talk with your team about your goals and project requirements. And then, find the designers who can translate your dreams into blueprints. Try to hire a firm that understands the nuances of your type of...
Read More
What You Should Know Before Doing A Dental Office Build-Out (Part III)
Posted 5/5/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 28
Know the Different Types of Space Part of estimating costs is knowing the type of space you’re moving into. There are three types. This is part III of a series. The first kind is shell space. Shell space refers to an exterior shell of a building that’s left in a deliberately unfinished state. It...
Read More
What You Should Know Before Doing A Dental Office Build-Out (Part II)
Posted 5/1/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 42
Don’t Underestimate Costs This is part II of a series. Part III will be published on Friday. It isn't exactly cheap to build out medical office space. Unfortunately, medical practitioners often underestimate these costs, causing problems down the line. But this doesn’t mean costs have to...
Read More
What You Should Know Before Doing A Dental Office Build-Out (Part I)
Posted 4/29/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 37
This is part I of a series. Part II will be published on Wednesday. When you're looking for office space, you're going to end up having to do some work to it. It might even need a complete top-to-bottom redo before you can move in and make it yours. This is what’s called a “build-out,” to use the...
Read More
14 Signs You Chose The Right Dental Real Estate Broker (Part VIII)
Posted 4/24/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 18
13. Your broker is a creative problem solver. A good broker is a creative problem solver par excellence. You’re a medical professional with a problem that needs solving. That is, how to find office space perfect for your needs. Not only that, but how to get it a fair market price. And after...
Read More
14 Signs You Chose The Right Dental Real Estate Broker (Part VII)
Posted 4/22/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 12
11. Your broker has experience. Negotiating leases is a very complex task. When you’re attempting to navigate this confusing landscape, you can’t afford to go it alone. Nothing can replace the value of having a broker with years of experience. Sure…you might be able to find some possibilities for...
Read More
14 Signs You Chose The Right Dental Real Estate Broker (Part VI)
Posted 4/19/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 20
This is part VI of a series. Part VII will be published on Monday. 9. Your broker’s an expert negotiator. A good broker has spent years perfecting his negotiating skills. And because he has, he’ll fight hard to get you the deal you deserve. A real estate professional negotiates deals day in...
Read More
14 Signs You Chose The Right Dental Real Estate Broker (Part V)
Posted 4/17/2019 by
Charles Feitel
in
The HPRG Blog
|
Comments: 0
| Views: 13
This is part V of a series. Part VI will be published on Friday. 7. Your broker has integrity. What’s the difference between an agent who’s tirelessly working on your behalf… …and one who only sees you as another commission check? Integrity. An agent who has integrity puts his relationship with...
Read More
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