Medical Office and Clinic Space
Get Help Securing A Choice Location
If you’re looking for specialized medical office or clinic space, we’ll help you find it.
We’ll get to know you and what you’re looking for. Before we start, you’ll need to understand your space requirements, have a solid business plan, and be ready to approach and sell property owners on your practice.
Once you’re ready, we’ll help you locate suitable properties, organize tours, and negotiate an agreement.
We’ll also help you with your post agreement planning and connect you with a wide variety of 3rd party contractors to help you get set up.
For more on how we help, review our service descriptions, browse our health care listings, and review our feature articles to help you move forward with confidence.
Featured Medical Spaces
First Tower
Centre 10
140 – 11th Avenue SW
The Shoppes @ Beacon Hill
Stampede Station
8316 Fairmount Drive SE
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Let our team help make every aspect of your search, setup and launch as seamless as possible.
Key areas of our tenant advisory services: 1) Ensure you’re clear on your needs, budget, zoning, and competitive environment, and advise industry trends and forecasted changes. 2) Help you with business plan preparation and launch strategies to address concerns of property owners. 3) Connect you with experts, contractors, and suppliers for efficient planning, permitting, building, move in and launch.
ADVISORY SERVICES
Our research services focus on three things: 1) Help you understand market conditions and what to expect during negotiations. This is vital for budgeting and planning. 2) Strategic site selection, including zoning, affordability, traffic patterns and purchase volumes, demographic profiling, location of complementary practices, and more. 3) Develop search profile based on your needs and create summary of high-potential vacancies for consideration.
MARKET RESEARCH
Finding an ideal location involves more than scanning a commercial property database for vacancies. For a variety of reasons, a large percent of properties are never listed. For example, a tenant may be quiet they’re leaving, or the property is in development. What’s important is knowing what’s really available. Our extensive network of landlords and brokers helps expand your range of options.
FIND A LOCATION
We outline the commercial leasing process, explain industry norms, and help establish realistic expectations. We negotiate with owners to structure favourable terms as well as review draft lease agreements and help you understand them, highlighting negotiable clauses to discuss with your lawyer.
We can refer you to a wide range of industry professionals; lawyers, consultants, and service providers to further streamline your process.
NEGOTIATE AN OFFER TO LEASE
ADVISORY SERVICES
MARKET RESEARCH
FIND A LOCATION
NEGOTIATE A LEASE
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Everyone Has Questions
These Are The Ones We’re Asked Most
Q: Is there value in leasing a space previously occupied by a clinic?
A: In some instances, yes. However, we advise having your advisory team review the property. Changes in construction codes, such as vents and washrooms, may require you to amend or even remove existing improvements. You want to avoid these costly scenarios.
Q: Is it worth paying more rent to be in one location over another?
A: That depends on your requirements. For example, situating on a high-profile corner may seem like a good idea, but if transit access or parking aren’t available, it could make it challenging for patients.
Q: What sort of zoning issues may I run into?
A: Many properties are zoned for a specific use. Your concept might be permitted, discretionary, or prohibited. For example, some zoning permits medical, but not on the main floor. Some areas of the city have parking relaxations while others require a significant amount of onsite parking.
What’s important is getting on top of zoning issues upfront, during the planning and leasing process. You’ll want to work with an experienced advisor to help you navigate zoning issues.
Q: What assistance can I expect from my new landlord in terms of upgrades, free rent, and tenant allowance?
A: This depends on the location, the landlord, your use, and covenant. Based on our market experience, we can provide you with a realistic expectation of incentives.
Q: What is a covenant and am I always expected to provide a personal guarantee?
A: A covenant is the security you as a tenant provide. The Landlord relies on your financial well-being to give them the confidence to lease you space. A personal guarantee is not the only way to secure a covenant. You can often use a letter of credit, larger deposit, lower landlord contribution to the deal, etc.
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