How Medical Office Building Tenants, Landlords Can Work Together to Optimize Lease Terms

High demand for medical office buildings gives landlords and owners of these spaces opportunities to optimize lease terms and implement cost-saving initiatives by amortizing capital investments back to them, according to a new report by Colliers.

Davis Goldman Co-Managing Partner Jason Goldman tells GlobeSt.com that “Tenant improvement allowances, especially when converting non-medical office space for a new medical tenant, should be considered carefully in relation to the length of a lease and whether the tenant is guaranteeing performance and repayment of the allowance in the event of a default or early termination of the lease.”

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