Medical Office Space: Is it as Simple as it Seems?

Healthcare providers are an essential part of our lives. Most of their success in caring for patients is due to their skill and services, but we think a small part is also due to their medical office space. Why? Because without the right space many practitioners fail to attract new patients or are not able to perform as effectively.

With almost 40 years of experience in property management, development, and brokerage services, Plaza Companies has worked with countless professionals in finding the right property for their business. Read our article below to learn what you need to look for in your medical office space. 

There’s a Growing Need for Medical Office Space

Healthcare is the most in-demand employment sector in the United States. According to the U.S. Bureau of Labor Statistics, the sector is projected to add more jobs than any other occupational group. Between 2020 and 2030, an estimated 2.6 million new jobs will be added to the field. This is due to a number of factors, such as:

  • The COVID-19 pandemic highlighted our need for professionals to handle crises and treat patients in need.
  • The elderly population is growing substantially.
  • More and more baby boomers are beginning to reach retirement age.

Due to these factors, demand for quality healthcare is high and practitioners will need medical office space to facilitate new employees, new equipment, and create a space that welcomes patient growth.

So, What Should You Look For in Medical Office Space?

While the need for medical office space grows, there are many things practitioners must consider before setting up their practice. This Includes:

Location

Arguably the most important factor in any real estate decision — choose a property that is highly visible and easy to access from highways and other roads, or locate on a medical campus where your practice can work in synergy with other practices.

Patient Demographics

Understanding the age, income, education levels, and other demographics is critical since they largely determine the neighborhoods where your patients will be located. It can also impact the type of space and amenities your patients expect when coming to you for services.

Understandably, many practices won’t have the resources or time for an extensive demographic analysis. That is why partnering with a commercial real estate firm, such as Plaza Companies, can assist in accessing demographic information about your market. 

Workplace Environment

While you may be putting a heavy focus on your patients (as you should), you cannot forget about your employees. Providing a productive, safe, and comfortable work environment is key in retaining and attracting quality employees. Once you’ve found your medical office space, you may consider implementing a modern office design. While these trends tend to apply to more general office environments, the healthcare work environment is becoming more reliant on technology and trending towards more naturalistic environments. 

How Can Practitioners Get their Own Medical Office Space?

With all of the specifications and details you need to consider in your office space, it can be tricky finding the right property for success. While you can do this on your own, you will be sacrificing a lot of your time and resources to possibly find real estate that checks off all your boxes. 

Partner With Plaza Companies: Arizona’s Leading Commercial Real Estate Firm

Whether you’re looking to expand your real estate portfolio or find the perfect spot for your business, Plaza Companies is the go-to choice for medical office space. Our expertise includes everything from property management and development to brokerage services, and we’re proud to be one of the best in the Valley. Contact us today and one of our representatives will be in touch with you as soon as possible.

Ready to Get Started?

Whether you are looking to us for management, leasing or development services, we can help you find the perfect space. With almost 40 years of experience, you can trust Plaza Companies to assist you with your real estate needs.

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