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Crown Tenant Advisors provides unconflicted tenant representation to physicians across the United States.

 

dental

Medical practices have their own set of real estate challenges and opportunities so it’s vitally important to partner with a real estate broker who not only specializes in medical real estate, but has the experience and analytical know-how to find the perfect location to protect and increase your bottom-line.

Physicians from around the country rely on the real estate professionals at Crown Tenant Advisors to help them with their real estate transactions.

This means that we represent your medical real estate interests whether they are:

  • • Renewing an existing lease
  • • Starting a medical practice
  • • Relocating a practice
  • • Creating a satellite medical office
  • • Buying a building
  • • Purchasing land for a build to suit

“We represent Physician’s interests as an unbiased, conflict-free advisor that will never represent the interests of landlords, owners or investors; our responsibility is to you, our client, at all times!”

 

Here are the specifics of what you can expect while working with us:

 

  • Provide unconflicted tenant representation to medical clients whether leasing or purchasing.

  • Complete market surveys based on the needs and type of your medical practice.

  • Perform demographic and competition survey of the market to identify the best opportunities for success.

  • Leverage the market and minimize capital expenditures through market knowledge and negotiations. This allows us to secure the most favorable terms for your practice

  • Reduce risk in the negotiation of your lease for key lease term clauses such as: assignment and sublease language, etc.

  • Align your real estate to the strategic objectives of your practice and overall business goals.

  • Compensation depends on the specific circumstances regarding the practice. Compensation might be tied to a performance based model depending on the situation. This creates a win-win for all.

THERAPY GROUP WILL SAVE OVER $279,695 OVER THEIR LEASE TERM

Challenge

  • Well established practice located in an undesirable office building. Space was cost effective and practice was successful despite the setting.
  • Practice was currently not using their 4,200 SF efficiently.
  • Identify whether retail or office space would be the best facility for the practice.
  • Mitigate out of pocket expenses for the practice’s move.

Solution

  • Toured 3 different areas to narrow down the prospective properties; focused on retail properties with high visibility.
  • Selected upscale retail center located within 3 miles of current practice to mitigate losing patients.
  • Practice will benefit from signage and close proximity to elementary school and pediatric dental practice.
  • Leveraged the market to negotiate an aggressive Rental Rate, Tenant Improvement Allowance and Free Rent in the beginning of the new lease term, mitigating out of pocket expenses.

Benefits

  • $114,000 of Tenant Improvement Allowance to be used by the therapy group to build out space.
  • 7 months of free rent package ($26,045) to be used at the beginning of the lease term.
  • Reduction of over $139,650 off the marketed Rental Rate over the term.
  • Avoided future expenses by locking into a rental rate determined by a Tenant’s real estate market.

THIS IS WHAT SOME OF OUR CLIENTS HAVE TO SAY ABOUT US

“Crown Tenant Advisors is a great company to work with. Amanda was very professional and knowledgeable in what the market was willing to provide a tenant that was renewing a long standing lease. Our practice will certainly work with Crown Tenant Advisors again whether it is to renew another lease or find a new office space.”

Andrea Born, Practice Administrator – Academy Orthopedics


“On behalf of Focus Care Medical Center, we thank you for a job well done. It has been a distinct honor and privilege to work with Amanda Riepe. In November of 2012 we were able to set up our first of many medical centers in Tucker, Georgia. Ms. Riepe worked diligently to secure the best possible deal based on our budget and business model. Not only did Mrs. Riepe secure a great deal, but she consistently followed up with us even after we moved in, to make sure we were satisfied. There were several occasions where we solicited Amanda’s advice and she was more than willing to provide additional support. Amanda Riepe exhibits integrity with a strong work ethic. There is no doubt that we will continue our business relationship with Amanda Riepe and Crown Tenant Advisors as we grow our business. Thank you.”

Ovid S. Barrow, MD – Focus Care Medical Center


“My experience with Crown Tenant Advisors was wonderful! Andrew and Amanda patiently walked us though the entire process of finding a new space for our business. They provided crucial guidance as we were deciding on the ideal location for our business, and then they handled the entire lease negotiation process with the utmost professionalism and expertise. We were so grateful that we were able to continue focus on doing business while feeling completely confident that everything was being taken care of with our lease with our best interests in mind. We will definitely be back when it is time to renegotiate our lease!”

Alyssa Yount, Cobblestone Therapy Group


“My experience with Andrew was great. Andrew is patient and extremely friendly and pays attention to keeping on top of elusive details that a busy physician like myself may overlook. He has great knowledge in medical real estate as well. Despite the laborious process of obtaining loans, dealing with potential sellers, and my own inclinations to like or dislike a property, Andrew’s steadfast determination to be patient and find me what I was looking for never wavered. I strongly recommend Andrew to anyone looking for medical commercial real estate.”

Jason Berner, MD – Georgia Mountain Endocrinology