While many commercial real estate segments remain slow, there’s good news to be had in the medical and small business market according to experts at Simone Realty.
General economic uncertainly has made medical practitioners reluctant to make commitments for new office space or to upgrade. The solution? Completely fit out medical space to lease, and small office spaces for small business.
“Small medical groups are becoming a thing of the past,” said John Simone, president of Simone Realty. “As a result of recent legislation, physicians don’t know what new reimbursements will look like, so there’s safety in numbers. Yet, we’ve found a way to help the smaller practices, new doctors and those nearing retirement.”
Simone Realty is making capital investments so doctors don’t have to. The company is building completely fit-out medical space: equipment, phones, computers, filing space and more, right down to the cleaning crew. This space will be available in blocks of time, akin to a timeshare.
“Doctors can walk in with a short-term lease and no long-term investment,” Simone added. “Patients will enjoy clean, state-of-the-art, professional offices, and doctors and their staff will benefit from the fit-out set-up.”
But medical professionals aren’t the only ones seeking affordable space. The current market has put a damper on the traditional 3,000 to 4,000 square foot office space. Simone Realty is leasing spaces as small as 150 square feet, perfect for one person. The flat rate will include base rent, utilities, kitchen, shared conference rooms, janitorial, and more.
“The long-term obligation is removed, as are the size issues,” said Simone. “These spaces are perfect for remote sales staff, businesses who have downsized and sole proprietors. There’s also room to accommodate growth.”
Simone Realty’s mission is to extend the most value possible from every project developed by building the best organization and practicing the most efficient and effective processes conceivable. The fastest growing segment of Simone Realty’s business is medical professionals, doctors, lawyers, and accountants –– busy professionals who need someone to guide and manage their real estate endeavors so they can cater to their own clients.
Simone Realty is hands-on, and provides advisory services and project management solutions that are not readily available in other sectors of the commercial real estate market. For more information, call 609-882-1105 or visit them on the Web at www.simonerealty.com.
Simone Realty, Inc. 100 Federal City Road, C-101 Lawrenceville. 609-882-1105. Fax: 609-530-1037 www.simonereality.com