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Landlord Services
Although Medical Realty Advisors is located in Southern California, we have
assisted our health care clients all over the United States for a number of years.
Because of our commitment and investment into up-to-date technology and industry
trends we can provide the majority of our services to clients in any location. No
matter where you are located, if you have a particular need or service request,
please contact us and we will have one of our representatives get in touch with you
right away.
MARKETING AND LEASING
MRA has exclusive listings on nearly 2.5 million square feet of medical premises
in the western region. We have one of industry's highest success rates in
marketing and leasing. MRA has negotiated every imaginable medical office use
requirement necessitated from individual physician suites to hospital master
leases of large blocks of office space.
We selectively take exclusive listings
on hospitals and medical office buildings where we believe the results of our
efforts can be maximized through integration with our other areas of expertise.
Our website, www.medicalrealty.com, shows a picture, description and map, of all
medical office space available through MRA. This site is visited by thousands of
doctors, hospitals and brokers, on a monthly basis. This is one of the many
marketing strategies we have found success, in leasing vacant medical space.
PURCHASE AND SALE REPRESENTATION
MRA professionals have a proven track record of providing its clients with
selective acquisition and disposition services. MRA has made a concerted effort
to understand the yield requirements, desires and preference of a select group
of active institutional and private hospital and medical office building
investors and financiers. Based on our qualification of and relationship with
these active buyers, we have the luxury of taking a "rifle shot"
approach to acquisitions and sales which can shortening transaction execution
time considerably. We have provided hospitals with viable solutions to their
frustrations related to ownership of medical office buildings. If control of
owned, on-campus office space continues to be required, clients consider the
negotiation of a sale/leaseback arrangement utilizing the hospital's credit
rating to maximize the sale price while retaining operational control of space
availability and other management issues important to the hospital. MRA
principals and agents have been involved in real estate transactions totally
nearly $2 billion in value.
OPERATING EXPENSE ANALYSIS
MRA has demonstrated the consistent ability to reduce operating expenses for
medical office buildings owned by institutions and hospitals. An MRA analysis of
one to two years of operating expense history typically brings to light areas where
greater efficiencies can be achieved. We are aware of many unique expense aspects
involved with medical office users as compared to commercial office use. Our audit
team is well versed in the trouble spots typical of medical office building
management and the appropriate expense levels. We can assist and train property
owners on budget development and cost savings procedures.
MARKET RENT ANALYSIS
Most property owners understand the importance in having up-to-date lease market
information. MRA conducts lease market research on surrounding medical office space
which is comparable to the subject property. Each report includes: cover letter on MRA
letterhead describing the market lease terms, conditions currently offered in the area
on comparable properties, executive summary showing the comparable property address and
summary of lease terms, individual detailed comparable property sheets including digital
photograph, and an area map showing numerically coded site locations.
If you have a special need, question or request - contact
us and we'll have one of our representatives get in touch with you.
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