Medical & Healthcare Real Estate in Oklahoma

Healthcare Tenant & Buyer Representation in Oklahoma

The state of Ohio sits within the top 10 of many lists and rankings. For starters, it’s the U.S.’s seventh most populous state, the eighth largest in terms of GDP, and the third biggest for manufacturing. Ohio’s geographic location has no doubt contributed to these stats. Positioned between the Northeast and the Midwest, the Buckeye State is within a convenient day’s drive of New York, Chicago, D.C., Boston, Philadelphia, and Nashville. In fact, roughly 50% of the nation’s population lives within 500 miles of Ohio’s capital and biggest city, Columbus.

It’s in large part because of this strategic location that the Buckeye State is one of the U.S.’s top industrial centers, second only to Michigan in automobile production. Ohio’s bustling economy doesn’t excel only in manufacturing, though. It’s one of the U.S.’s top producers of corn and is also home to major companies like Kroger, Procter & Gamble, and Sherwin-Williams.

More recently, entrepreneurs and creatives are taking root in the Buckeye State. The capital, Columbus, in particular is turning heads as a new startup hub, and was named the top U.S. city for rising startups by Forbes in 2018. Cincinnati followed just a few spots behind at number 6, though it’s also worth recognizing for its lively sports scene. Besides these two major cities, Cleveland also stands out as a major cultural landmark, known for being home to the Rock and Roll Hall of Fame.

The wealth of economic opportunity in Ohio makes it the hidden gem of the Midwest—but it’s not only ideal for corporations and entrepreneurs. As the U.S.’s second most affordable state and the top-paying state for physicians, Ohio is the perfect place for doctors and medical professionals to practice.

Commercial Real Estate Opportunities in Ohio’s Healthcare Industry

In a 2019 study of the U.S.’s best hospitals, 24 were in Ohio, scattered across Columbus, Akron, Cincinnati, Cleveland and 16 other cities. In general, Ohio’s healthcare industry is thriving, supporting the jobs of more than 535,000 residents. The job growth for registered nurses, medical secretaries, and medical assistants in particular ranks at the top of the Ohio Governor’s Office of Workforce Transformation’s list of most in-demand jobs. It may thus come as no surprise that four of the state’s top 10 employers are hospitals or health systems.

Outside of hospitals, healthcare’s growing role in the economy is also reflected in the larger life sciences ecosystem that includes research, medical device, and healthcare technology companies. With more than 4,100 bioscience companies, Ohio is quickly becoming a place for biomedical innovation.

All of these sectors likewise increase the demand for more dentists, veterinarians, optometrists, therapists, chiropractors and more.

In short, the future is bright for healthcare professionals in Ohio — making it the perfect place to start a new practice, purchase an existing practice or capitalize on your next transaction for your current practice.

Tenant Representation for Ohio’s Tenants and Buyers

Finding the right location with most favorable terms for your healthcare practice or facility is crucial for ensuring you reach your target population and achieve your immediate and long-term goals. Because of this, an expert dental, medical or veterinary real estate advisor should be your biggest ally when it comes to buying or leasing a healthcare property.

CARR’s real estate experts understand this, and act solely on behalf of tenants / buyers and their interests to execute the most favorable real estate solution that’s tailored exclusively to them. With long-standing professional relationships across Columbus, Cleveland, Dayton, Toledo and Cincinnati, our tenant representation advisors know and understand Ohio’s local real estate market like no one else. Whether you want to lease property, negotiate a renewal of your current space, expand or relocate your office, or are deciding between leasing and purchasing, our experts provide market-specific and objective counsel.

Our Healthcare Real Estate Expertise

Tenant representation cannot be learned over the weekend or briefly googled to adequately represent yourself in what is often a million dollar negotiation.  A skilled healthcare-specific agent understands the nuances of negotiations, business deal points and potential pitfalls prevalent within commercial real estate.

As a healthcare provider, you wouldn’t suggest a patient research their own procedure and attempt to perform it themselves. Likewise, healthcare providers should pay full attention when considering who will represent them on their next transaction, when there are tens to hundreds of thousands of dollars on the line.

 

Our team of experts perform thorough due diligence to secure the best terms and conditions of your behalf, including:

  • Thorough research of every available option that meets your unique needs
  • A market analysis on multiple locations to determine a baseline of viable options that are financially promising and strategically located.
  • A complete lease vs. purchase analysis to anticipate future needs for growth, expansion, transition, etc.
  • Negotiating on multiple fronts to present the most competitive terms.
  • Assembling a team of expert partners to see your transaction through to completion
  • And much more

We have successfully represented hundreds of healthcare providers throughout Ohio.  We are the market experts when it comes to healthcare real estate, and our level of integrity and expertise are unmatched.