April 19th, 2021
Users of medical office space occasionally contemplate purchasing a building, weighing the pros and cons of lease vs. buy scenarios. Generally, we've found that medical professionals tend to be far more profitable when they lease space rather than buy and manage their own building. In this paper, we'll briefly explore four aspects of decision-making medical office space users should consider when exploring the purchase of a building: Financial Requirements, Risk, Flexibility, and Opportunity Cost.
The author, Ted Barr, has more than 35 years of experience in the real estate industry. Including Woodside, Mr. Barr has co-founded 2 real estate acquisition and investment firms focused on acquiring and managing retail, office, medical office, industrial and land investments.
For more information on this topic, Ted can be reached at 440-484-2200 x102.