Are you buying or building a family practice in Ontario?
If so, it’s important to take certain factors into consideration like accessibility for your patients, demographics in the neighbourhood, the right neighbours, and a properly structured office lease agreement. Any doctor opening a family practice will have to find the ideal location, and eventually make their way through a medical office lease negotiation with their new landlord. Leases are filled with complicated terms and clauses that determine how well your practice will be protected over the coming years. It is advised to seek professional help before entering into a lease negotiation to ensure your lease is set up properly and is free of risks.
How Cirrus Helps
Lease Economics: We’ll work hard to get you fair and affordable financial terms with your landlord. We save doctors over $10 million every year in relocation costs and rent.
Minimize Risks: We’ll help you protect your investment, and avoid expensive hidden traps in your office lease that can cost you hundreds of thousands of dollars.
Stability: We’ll help you ensure that your lease is set up right, and will pave a path to take you, your colleagues, and your patients well into the future without landlord interference.
Maximize Flexibility: Plan ahead! We’ll help enhance your ability to transition your practice and retire when the time comes to sell.
Save Time and Money: Avoid the time and frustration involved in negotiating your own medical office lease.
Our expert Healthcare Leasing Consultants are here for your protection, providing you with superior lease negotiation and analysis services, paired with the guidance and expertise necessary for the health and long-term security of your practice.
Opening a Medical Practice: Important Lease Considerations
Who is guaranteeing your lease? You, or your incorporated entity?
Is the lease set up to allow you to bring in associates? Is it structured to facilitate a smooth and profitable practice sale, down the line?
Does the landlord have the right to relocate your clinic, at anytime, at your expense?
Can the landlord terminate your lease, and kick you out of the building with 30 days’ notice?
Cirrus’ Medical Office Leasing Services
Office Lease Negotiations for Family Physicians
Our Professional Office Lease Negotiators will review and negotiate your medical office lease, acting as the liaison between you and your landlord. Our goal is to secure the best deal possible with fair and affordable financial terms, increase practice value, and reduce risks. We’ll review and analyze your office lease, taking care of the entire negotiation process from start to finish. Learn more about our lease negotiation services, now!
Complimentary Lease Date Tracker
No matter where you are in your career as a physician, one day your lease will expire or hit its renewal date and you’ll have to renegotiate the terms of your lease with your landlord. Give yourself ample time to negotiate a good deal by enrolling in our lease date tracking system. We suggest starting the renewal process 24 months in advance to ensure you have ample time to build a negotiation strategy and bring your landlord to the table. Track your critical dates, now!
Facilitation of Practice Relocations for Family Physicians
Cirrus has worked in partnership with the Canadian Medical Association (CMA) to facilitate practice relocations to sites that fit the best interest of the practice, with the best medical leasing terms. Learn more about how our family practice relocation services, now!
Why Choose Cirrus?
We save doctors over $10 million every year in relocation costs and rent!
Established in 1994, we were founded by doctors, for doctors! Who better to assist you?
Our healthcare leasing consultants have over 100 years of combined lease negotiating experience.
We’ve negotiated over 10,000 lease agreements across North America.
We’ve saved thousands of doctors hundreds of thousands of dollars in rent, while significantly increasing the value of their practices.
We offer physicians the full package, arming you with the expertise of an in-house legal team, professional lease negotiators, real estate analysts, and ex-landlords!