Healthcare Clinics
The Challenge
- A fast-growing cosmetic surgery provider was recently infused with capital from a leading private equity firm.
- Needed a site selection partner to assist with the roll-out of multiple new clinics across the United States to achieve their growth objectives.
- They needed to be located in high-net-worth submarkets in major metro areas to attract their desired patient types.
The Solution
- Conducted national site selection research to identify targeted geographies aligned to their growth objectives.
- Targeted class A+ office and high-end mixed-use sites which met landlord resistance due to their medical use.
The Result
- Negotiated all business terms including tenant improvement allowances, concessions, construction timelines, and security deposit reductions.
- Worked with the executive team as their de-facto real estate department.
- Implemented new clinic standard layouts that reduced overall space sizes from 5,500 square feet to 3,750 square feet.