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Hospitals which own and rent out medical office space can derive additional revenue through proper management. Effective rent policy should provide for the cost of owning and operating the property. Such a policy should have the approval of top management bodies, based on true costs, allow for tenant suggestions and provide flexibility for tenants to make the necessary adjustments before implementation. Management control considerations should include physician tenant mix, competing services and contract clauses that would allow for automatic rent adjustments and relocation rights.

Healthcare services are gaining popularity in the outpatient situation. The trend toward outpatient services has made the health care industry reconsider the financial viability and use of medical office buildings. Since these buildings offer lower construction costs, outpatient services in such facilities have lower costs compared to those in hospitals. Outpatients also respond more favorably to the environment in a medical office building because they is no psychological association of such a facility to injuries and illnesses which is common in hospitals.

A $4 million public investment in a set of exit ramps in northern Macomb County could literally pave the way for a life science-oriented office park development north of Romeo [...]

Staff St. Louis-- Clayco Inc. and its joint-venture partner, Legacy Building Group, were recently awarded new project work for BJC HealthCare and member hospital Progress West HealthCare Center in O'Fallon, [...]

Hammering out a good managed-care contract involves more than attractive payment rates. Contract terms that describe how payments will be made are as important as the rates themselves, according to [...]

NBBJ of RTP was awarded the architectural contracts for the Rocky Mount Medical office building and Pender Memorial Hospital emergency department [...]

Melville-based real estate services firm Newmark of Long Island has arranged an 8,088-square-foot lease for medical offices at the Long Island Rehabilitation Building located at 780 Long Beach Road in [...]

At www.offices2share.com, medical professionals looking to rent out extra office space to a colleague can post an ad for a monthly fee. Those seeking office space can search the listings [...]

Via Christi Health secured the first lease for its 60,000-square-foot building in Wichita, Kansas, leasing 3,500 square feet to a group of cardiologists. The hospital is working on two other potential leases, which are early in the negotiation process.

Physician group practices should evaluate and understand all the issues pertaining to office leases and consider several essential issues before signing a lease for an office space. Among these is the decision to hire a broker to facilitate the search for an office space, the facilities for record storage and waste disposal and compliance with safety standards. Physician group practices should also ensure that lease provisions pertaining to compliance with Americans with Disabilities Act are in place., Physician group practices do not lease new office space every year; however, when they do, they should consider several issues. One of the first decisions they should make is whether [...]

In 1986, Horizon Mental Health Services was hired to set up a partial hospitalization program for Preferred Provider of Flint, MI. Several of Michigan's major employers had initiated a movement [...]

Unique agreement brings revenue, fits hospital's new same-day image Child's Hospital got out of the landlord business when it sold its medical office building in 1990 to raise $1.2 million [...]

Sharp HealthCare renewed its lease for 27,650 square feet of medical office space at 8901 Activity Road in Mira Mesa. The space, renewed for two years at a value of [...]

[ILLUSTRATION OMITTED] Sharp HealthCare leased 7,400 square feet of medical office space at 8008 Frost St., Suite 106, in Serra Mesa. The space, leased for 10 years at a value [...]

Health care provider Kaiser Permanente signed a $13.8 million, 10-year lease for 31,000 square feet of medical office space in Rancho Bernardo's Excel Center at Park Terrace on Bernardo Center [...]

Another unique medical office deal recently closed in L.A. County. Southern California Orthopedic Institute, a private practice based in Van Nuys, signed a 15-year lease for space at Bridgeport Marketplace--a [...]

Construction has been completed on the 150,677-square-foot Scripps Health medical office building on Lot 2 at Innovation Corporate Center in Rancho Bernardo. The building was designed by Pacific Cornerstone Architects [...]

Sharp HealthCare has signed a 10-year, $3,604,416 lease renewal for 6,987 square feet of medical office space at 12710 Carmel Country Road in Carmel Valley. The lessee was represented by [...]

Medical office space totaling 2,832 square feet at 11610 Iberia Place in Rancho Bernardo has been leased to Dr. Timothy Garofolo by Dr. Peter Berens. The property is leased for [...]

Kaiser Office Opening In Oceanside: Kaiser Permanente has signed a lease for 8,200 square feet in Oceanside's Ocean Ranch Corporate Centre. Kaiser said this new medical office planned for the [...]

Leasing and sales of medical space is one of the most challenging commercial real estate specialties, forcing realtors to be beth brokers and consultants. Medical space brokers must contend with [...]

Aurora Medical Group's decision to lease rather than own a controversial medical office building planned for the town of Pewaukee has prompted some state lawmakers to rush to close what [...]

Vista Hospital Systems, on acquiring Corona Community Hospital in 1992, discovered that the California facility was charging physicians below-market rents for office space in buildings the hospital owned. In a lawsuit, Vista successfully contended that the physicians' leases were invalid. Vista's victory raises important legal issues, regarding inurement and Medicare/Medicaid fraud, that could impact such lease arrangements.

Former Dividend Development principal starts work on Castro Commons, a rare new office project Most developers would not consider putting up a new office building in Silicon Valley. Not in [...]

In a leasing transaction negotiated by the Edward S. Gordon Company, Inc. (ESG), Dr. Gary L. Ostrow has signed a lease for 7,900 square feet of space at 625 Madison [...]