Industry Focus

Office & Medical Office

Class, location and build-out economics — the levers that drive office and medical value.

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Overview

Where office and medical demand is heading

Office and medical-office demand in the Valley has shifted toward flexible, amenitized, and healthcare space, with strong absorption in the southwest and Henderson. Building class, location, parking, and build-out economics drive value.

What drives value

  • Building class (A/B/C) and location
  • Parking ratio and floor-plate efficiency
  • Amenities and flexibility
  • Medical: proximity to hospitals, plumbing/HVAC, ADA

Lease & deal structure

  • Full-service/gross or modified-gross leases common
  • Tenant-improvement (TI) allowance and free rent as levers
  • Load factor: usable versus rentable square footage
  • Longer terms typically fund higher TI

Las Vegas market note

Suburban submarkets — the southwest and Henderson — have seen strong professional and healthcare absorption; medical office values proximity to hospitals and the right infrastructure.

How we help

We match your operations to the right class and location, model total occupancy cost, and negotiate TI and terms that fit your build-out needs.

Want the numbers for your sector?

We'll pull current, submarket-level data and comparables for your specific asset type — just ask.

CD Washington Group

Advising in Office?

Tell us your goals and we'll bring the strategy, the market data, and senior-level attention.

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