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BUILD WEALTH THROUGH MEDICAL REAL ESTATE

2.3x ~ 4.5x multiple return on invested capital

16% ~ 32% annual internal rate of return

"Physician owner-occupied buildings are a boon for investors. There is almost no downside to a physician owner-occupied practice."

 - Dr. Tom Batt M.D., Co-Founder & Chairman, Southeast Primary Care Providers

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"I would never do a project without Garrard Development."

 - Dr. Aman Kakkar M.D., Managing Partner, Heart & Vascular Care

Whether you’re a physician looking to break into real estate as part of your growth strategy, or a seasoned medical real estate investor looking to refine your approach, Garrard Development is the partner who knows the unique needs of doctors and medical construction.

We have the expertise to manage a project from initial concept and site selection, through financing, design, construction, and lease-up, all the way through the sale of the asset and wrap-up of the investor entity.

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PHYSICIAN video Testimonials

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GARRARD

YOUR TRUSTED PARTNER IN MEDICAL REAL ESTATE DEVELOPMENT

Doctor

For physicians, developing medical real estate is a compelling strategy to grow their practice, but it also introduces financial and legal risk.

 

Whether you’re a physician looking to break into real estate as part of your growth strategy, or a seasoned medical real estate investor looking to refine your approach, Garrard Development is the partner who knows the unique needs of doctors and medical construction.

 

We have the expertise to manage a project from initial concept and site selection, through financing, design, construction, and lease-up, all the way through the sale of the asset and wrap-up of the investor entity.

 

Think of us as your:
 

  • Construction Expert lending you our experience and insight. 

  • Primary Partner managing all others, ensuring vendor accountability throughout the life of the project.   

  • Advocate protecting your interests and serving as constant overwatch. 

 

As a physician, time is your most valuable asset.  You don’t have time for two jobs, so let Garrard focus on your real estate so you can focus on your practice. 

 

Give us a call to learn how to lower your costs . . . lower your risk . . . and save time.

"Investing in medical real estate has been a great way to diversify our portfolio. Having a solid partner who can help navigate through the details to make a project successful is crucial while we focus on patient care.”

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 - Dr. Tanya Pandya M.D., Founder & Medical Director, Pandya Medical Center

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“I learned very early on that building a facility, especially a medical office building, is a lot more detailed and a lot more complex than I ever thought.  Having a partner like Garrard Development allowed me to prepare and be ready for those complexities as they occurred.”

 - Dr. Scott Beach M.D., Managing Partner, Heart & Vascular Care

WHO WE ARE

We are a commercial construction management firm focused on representing owners in their building projects, whether it’s ground-ups or interior build-outs.

WHAT WE DO

We manage the entire building cycle, from conceptual planning, land acquisition and budgeting . . . all the way through contracts, design, the actual construction, and ultimately close-out.

HOW WE DO IT

Leveraging competition is critical to getting the best price and product, so we manage the bidding process, contract negotiations and ongoing performance of the engineers, the architect, the GC, and all the vendors attached to the project. 

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