PRAXIS Healthcare Real Estate represents dentists, physicians, and allied health practices leasing or buying clinical space across Calgary, Airdrie, Cochrane, and Okotoks, with a particular focus on dental lease negotiation: new-development LOIs, renewals with institutional landlords, and first-practice build-outs.
Calgary keeps adding new communities on every edge of the city, and each one brings a new retail plaza or mixed-use development with space pitched to dentists, physicians, and allied health operators. For a practitioner, that means real choice. It also means lease offers written by developers who negotiate these deals every week.
Dental is where we see the most activity. Typical situations: a dentist opening a first practice who has identified roughly 2,500 SF for six operatories in a new development and already holds an LOI; an established practice whose lease expires within a year with no contractual renewal option; and practices weighing a new build-out against renewing in place.
A dental build-out is one of the largest investments a practice makes, so the lease has to protect it: base rent and escalations, operating costs, fixturing and free-rent periods, tenant improvement allowance, landlord's work, exclusivity, signage, parking, renewal options, and assignment when the practice is eventually sold. PRAXIS benchmarks those terms and negotiates them on the practice's side.
Foothills Medical Centre, Peter Lougheed Centre, Rockyview General Hospital, and the South Health Campus in the southeast.
Southeast (Seton, Mahogany, Auburn Bay), northeast (Cornerstone, Redstone), northwest (Sage Hill, Evanston), plus Airdrie, Cochrane, and Okotoks.
Operatory count, plumbing and compressed air and vacuum, X-ray shielding, sterilization flow, and exclusivity against a competing dental tenant in the same plaza.
Tenants, buyers, landlords, and developers, RECA licensed. Any work for both parties on the same deal is disclosed in writing upfront.
Dental practice seeking space for six operatories in a new or upcoming retail plaza.
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PRAXIS Healthcare Real Estate is a RECA-licensed, healthcare-only brokerage that represents dentists and other clinicians in Calgary lease negotiations, including new-development LOIs and renewals. PRAXIS acts for the practice, and in most lease transactions the tenant's representation is paid through the landlord's co-operating commission.
Start early and build a credible alternative, because your leverage comes from the landlord's cost and risk of re-leasing the space and from your ability to relocate. A tenant representative benchmarks market rent and negotiates the renewal. See renewing a medical lease with no renewal option.
No. An LOI is usually the starting point of negotiation. A representative can review the proposed terms, compare them with current Calgary dental and medical deals, and negotiate the rent, TI, landlord's work, and protective clauses before the lease is drafted.
Around 2,500 square feet is a common starting point for six operatories with reception, sterilization, a lab area, and staff space, but layout efficiency, washrooms, and the shape of the unit all change the answer. PRAXIS reviews the plan against the space before you commit.