“It was a blessing in disguise. If I hadn’t hadn’t had the non-compete, I would have never considered Georgetown.” Said a client who first looked for optometry practices for sale before launching her own start up. Without the guidance of Practice Real Estate Group’s medical real estate broker looking at data along with the full landscape, Georgetown, Texas would have remained overlooked. Medical office real estate in Georgetown, Texas often goes overlooked, eclipsed by other booming suburbs in Central Texas. Perhaps outsiders view the town as a retiree town, a little sleepy. But Practice Real ..read more

BUDA, TX – Dr. Sandra Ontiveros and Robert Amoroso, the dynamic duo spearheading an innovative veterinary practice startup in Buda, hosted a groundbreaking celebration for a state-of-the-art animal hospital. The event occurred on Wednesday, March 6, 2024, at 11:00 AM, at the forthcoming Buda Veterinary Care site, at 835 Main Street, Buda, TX 78610. This groundbreaking marks a significant milestone in establishing a cutting-edge animal healthcare hub in the heart of Buda. The event was followed by on-site food at noon, catered by local favorite, Brooklyn’s Down South.  “We are excited to ..read more

Dental Practice Ownership isn’t for the faint of heart.  As one client said, “If it was easy, everyone would do it.”  In many ways, practice owners double their personal finances and responsibilities, with different rules at every turn.  In addition to a home mortgage, they now also pay a commercial real estate lease.  On top of managing personal finances, they now also manage a profit and loss sheet.  And instead of accounting for and filing one set of taxes, they file two.   Are there benefits to this burden?  If so, what are they?  To answer ..read more

Editor’s note - 2023 was a banner year for Practice Real Estate Group and our clients.  What can start-up doctors and practice owners expect in 2024?  I asked our Texas market leaders and here’s what they had to say.   How is 2024 looking for healthcare entrepreneurs?   Leasing Retail  Here’s the reality: the retail real estate market, which applies to the majority of our clients, is 96 to 98% occupied, depending on where you are in Texas.  It's tough. So if your goal is to be open by this time next year, you need to start searching today and hav ..read more

If you’re wondering how to open a medical spa, consider Muse Med Spa’s success story. Editor’s note: Sydney Scott-Sullivan, the founder and owner of Muse Med Spa, built her practice on a commitment to fostering a community that goes beyond aesthetics. In a highly competitive area on Bee Cave Road, where more than 13 medspas operate within a three-mile radius, Muse Med Spa stands out without relying on marketing. Their secret? The group’s connection with their patients creates a loyal community that goes beyond the treatment room. How would you describe the MedSpa landscape right now?  “In ..read more

Practice Real Estate Group (PRG) is excited to share that Macie Morris has been nominated for the prestigious 2023 Women Leading Real Estate Award. This honor, presented by Bisnow, recognizes women who are not only making waves in the commercial real estate sector but breaking barriers and shaping the industry’s future. With a career spanning over a decade, Macie has become a guiding force in the Austin healthcare real estate space. Her expertise and unwavering dedication have earned her this well-deserved nomination for the award. The Significance of Medical and Dental Real Estate in Aus ..read more

AUSTIN, TEXAS August 16, 2022 – Inc. revealed that The Practice Companies ranked on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.  “Our team’s commitment to innovation and resourcefulness are key to our success,” said Thomas Allen, th ..read more

Editor’s Note:  Inside the office, we talk a lot about how our clients are incredible entrepreneurs.  They spend at least 8 years in school and then often go on to specialized internships training.  On top of this focus and hustle, our clients decide to become practice owners – to take charge of the way they practice dentistry or medicine including all of the human resources, equipment purchasing, and insurance headaches that come with it.  Treloar and Heisel, one of Practice Real Estate Group’s insurance partners, break down another insurance domain – data breach insurance ..read more

Problem Estimating a potential dental office cost is overwhelming.   Solution Whether you’re interested in buying a practice or starting up, Practice Real Estate Group offers a free Expense and Timeline Generator that helps you get a scope of your expenses with just 4 quick questions. It's essentially a medical office space calculator.  You’ll receive a PDF packet with an estimate of what your monthly rent, property expenses, and build-out loan payment will be for your practice. Additionally, we include a purchasing budget equivalent to those rental rates if you’re considering purch ..read more

If you’ve been researching dental real estate for any period of time, you know the market has boomed in recent years. However, as interest rates continue to rise, there is a buzz in the air about the market slowing down. Clients that were set on searching for a dental clinic for lease this year are now wondering, Should I open? Is now the right time? While it's too early to say for sure, we believe that the dental real estate market is shifting, rather than cooling.   As dental real estate experts, we help hundreds of doctors and dentists sign leases and purchases each year.  ..read more