Re: Question about medical office lease increases

From: ainsron (ainsron@sbcglobal.net)
Mon Jan 7 13:36:25 2008


Sounds excessive to me. Have you checked with other offices/landlords in the area to see how they compare? I haven't had a rate adjustment for four years. The last office I was in had stable rates for about ten years, the property then sold to a local attorney and he promptly hit me with a $1000/month rate increase. I told him to stick it and moved to my current location. I'm farther away from the hospital, but I can live with that.

Ronald E. Ainsworth, MD, FACOG

-----Original Message----- From: ob-gyn-l@obgyn.net [mailto:ob-gyn-l@obgyn.net] On Behalf Of GIN11153@aol.com Sent: Monday, January 07, 2008 12:08 PM To: Multiple recipients of list OB-GYN-L Subject: Question about medical office lease increases

I just got a draft lease for the OB clinic I am planning to open with a physician friend who will be the medical director. I have a set rate for the next 2 years but then the landlord put down for 5% increases in the rent for each of years 3, 4 and 5. Isn't that a bit much? Can some of you share your expertise with me?

Gail Neuman

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