(Save the date: RealShare MedicalOfficeBuildings comesto the Four Seasons in Scottsdale, AZ,November 7-8 )

PARAMUS, NJ- Space is valuable and no matter whichcommercial real estate sector, tenants want thebest deals possible. Sometimes, this means getting a little morecreative. For instance, more medical facilities –meaning doctor’s offices, pediatric care facilities and evendentists – are moving into vacant space found in shoppingcenters and other retail properties.

According to Goldstein Group’s president, Chuck Lanyard, thesheer price of medical space has prompted this shift to thesetenants taking up space in retail centers.“Landlords are doing what they can to lease space,” he explainedvia phone. The medical practices “provide traffic to the shoppingcenters and they [the centers] usually have good parking spacewhich is also good for medical use – for clinics, for example.”