Medical Office Buildings

Medical office buildings are turning out to be a bright spot in an otherwise dismal real estate market. Only 1% of medical office buildings are in bankruptcy, foreclosure or other distress as they tend not to be flipped by their owners.

Medical practitioners that own their Medical Office buildings tend to view them as long term investments (Source: American Medical News) and cash out only at retirement.

"People still view [medical office buildings] as one of the most secure investments you can make, and the demographics all point to an increased need for health care services," said Paul Heiserman, a partner in Street Sotheby's International Realty.

In today’s economic environment, banks fund at reasonable rates but do not assume personal liabilities or provide personal guarantees, which make new Medical Offices developments next. In addition, managing a medical building construction project brings unique challenges and requires a builder that has specific knowledge of the healthcare market.

Our Medical Office Buildings range from 6,000 to 50,000 sq. ft., with many of our customers averaging 25,000 sq. ft. By combining our extensive construction and medical experience along with our unique funding mechanisms, you maintain partial building ownership through the building’s Limited Partnership, while leasing only the space that your practice needs.

From funding and consulting services (Operating Company Development, Practice Formation/Acquisition Services Financial Analysis/Capital Formation and Utilization Analysis) to initial design and finish-out, every PCI medical construction project is staffed and supported by a trained and experienced team of experts (i.e. engineer, project manager, on-site superintendent, PCI financial advisor, PCI M.D., medical space planner and interior designer). We provide the specialized support you need in the design and construction of your unique medical space.

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