How do I lease up a new medical office development in Phoenix?

Pre-leasing should start well before construction wraps up. Landing an anchor tenant early, settling on suite sizes, and budgeting tenant improvements up front all make the rest of the building easier to fill. Rachael Thompson works with developers and owners in Greater Phoenix on pre-leasing and lease-up for new medical office buildings.

What does a medical office landlord representation broker do?

A landlord rep handles leasing on the owner’s behalf: pricing space, qualifying tenants, negotiating leases, and managing renewals. For medical buildings, that also means understanding buildout costs and which specialties fit the property. Rachael Thompson has represented landlords for most of her career, including the medical office portfolios of national healthcare REITs.

What is the right tenant mix for a medical office building?

The strongest medical office buildings group specialties that refer to one another, such as primary care alongside imaging, labs, and specialists, which keeps patient traffic steady for every tenant. Rachael Thompson helps owners in Greater Phoenix plan a tenant mix that supports occupancy and long-term value.

How can I improve tenant retention in my medical office building?

Retention work should start a year or more before a lease expires. Early renewal conversations, the right tenant mix, and targeted building improvements give healthcare tenants fewer reasons to look elsewhere. Rachael Thompson builds retention into the leasing strategy for every building she represents.

Can my office building be leased to medical tenants?

Often, but not every building is a fit. Medical tenants need more parking, heavier plumbing, upgraded HVAC, and full accessibility, and the zoning has to allow the use. Rachael Thompson helps Phoenix-area owners figure out whether a building can work for healthcare tenants before they invest in changes.

Does Rachael Thompson work with institutional owners and REITs?

Yes. Her clients include Healthcare Realty Trust, Remedy Medical Properties, Anchor Health Properties, and Woodside Health. Earlier in her career, Rachael Thompson was the sole leasing representative for Healthcare Trust of America’s 1.2 million-square-foot Arizona medical office portfolio.

What areas does Rachael Thompson cover?

Rachael Thompson works throughout Maricopa County, including Phoenix, Scottsdale, Paradise Valley, Gilbert, Chandler, Mesa, Tempe, Glendale, Peoria, Surprise, Avondale, Goodyear, Cave Creek, Fountain Hills, Queen Creek, and Sun City, along with Tucson and other markets statewide.

Why work with Rachael Thompson for medical office leasing in Phoenix?

Rachael Thompson has been in commercial real estate since 2002 and has spent most of that time representing landlords, including seven years on leasing teams at Cushman & Wakefield and Trammell Crow Company. She approaches every assignment the way an owner would.

How do I contact Rachael Thompson?

You can reach Rachael Thompson at 602.513.5122, by email at rachael.thompson@kidder.com, or on LinkedIn.