Brian Hennessey of Grubb & Ellis tells GlobeSt.com that PT Worldwide, a cosmetic and reconstructive surgery practice, will move from Beverly Hills to the new offices in January after a six-month build-out of its space, which was vacant at the time of the sale. Medical office build-outs typically require more time because they include additional plumbing, specialized electrical and plumbing fixtures, and other equipment that adds to both the time and cost of a build-out.
Hennessey was part of a Grubb and Ellis team including Alexander Wadley and Chris Baer that represented both the buyer and the seller.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.