Medical Real Estate Development
- Real Estate Development
- Project Management Services
Holladay Properties has been providing construction management, owner's representation and complete project management services to commercial clients for over 50 years. Our various regional offices specialize in commercial office, industrial, scientific, hospitality and retail development with a majority of the medical-related development occuring in the Nashville office. The many years of combined healthcare development experience, along with the operating experience gained from managing medical office buildings, dialysis centers, acute and psychiatric hospitals, substance abuse treatment centers, skilled nursing facilities and retirement centers, puts Holladay in a unique position to expertly service the multi-faceted healthcare development needs of our clients. Some of the built-in advantages of using Holladay Properties are as follows:
- Single Source for Turnkey Development or Project Management
- Complete Services from Conception to Inception
- Years of Experience = Problem and Pitfall Avoidance
- New Buildings
- Remodels and Retrofits
- Tenant Improvement Process
Feasibility Analysis
- Valuation and Potential Rental Ranges
- Operating Pro Formas
- Market Analysis
- Marketing Plan
- Project Cost Pro Formas
- Cash Flow Projections and Requirements
- Preparation of Financing Packages
Site Location and Brokerage
- Buyer or Seller Representation
- Research Prime Location Availability
- Work with Hospitals on Behalf of Clients
- Negotiate Purchase Price and Terms
Site Analysis
- Traffic Studies
- Market Trending
- Engineering Review
- Regulatory Analysis/Representation
- Accessibility
Design Review
- Life Cycle Costing
- Green/Eco-Friendly Options
- Long-Term Impact Review on Operating Expenses
- Revenue Maximization
- Risk Management Reviews
- Energy Option Reviews
- Functionality Reviews (Common Area, Engineering Support)
Pre-Marketing
- Marketing Plan
- Pre-Construction
- During Construction
- Post Construction
- Leasing Terms
- Lease Documentation/Processes
- Absorption/Rent-Up Studies
- Presentation of Management Options
- Policy and Procedure Manuals
- Creation of In-House Capabilities
- Recruitment of Personnel
- Transition Plan to Occupancy
Financing Package Assistance
- Financial Institution Representation
- Joint Venture Partners
- Off Balance Sheet Financing
- Sale/Leaseback
- Monetization of Real Estate Assets
Project Examples
- Gibson Guitar Custom Instrument Shop
- Holladay Properties (Corporate Office)
- Thorton Cancer Center
- Reston Condo Build-outs
Program Management
- Define project scope, purpose, market
- Feasibility studies: market and financial
- Conceptual cost estimates
- Selection of design team
- Site selection
- Financing options/assistance
Pre-Construction
- Design implication of site
- Project definition and master planning
- Space plan review/operational implications
- Project budget development
- Overall schedule development
- Design management and oversight
- Contractor bidding and selection (or direct negotiation)
- Value Engineering
- Preparation of construction contract/project rules
Construction Management
- Government agency approvals, zoning and permitting
- Construction administration and field reviews
- Schedule monitoring
- Project meetings
- Owner communication and reports
- Mediate conflicts
- Review change orders
- Insure project close-out is complete
- Processing pay applications
- Punch list follow-up
Consulting Services (additional fee)
- LEED Certification
- Furniture and Equipment planning and procurement
- Occupancy Coordination
- Pre-leasing/marketing
- Tenant Build-Out Management
