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Coffee Talk
Business Observer Thursday, Aug. 20, 2009 12 years ago

Hedging the health care bill

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If you don't think national politics have an impact locally, consider a call Jay Crandall received recently.

If you don't think national politics have an impact locally, consider a call Jay Crandall received recently.

Crandall, a Bonita Springs commercial real estate broker who specializes in medical-office space, received a call from the office manager of a dermatologist.

Could Crandall find good medical space, either 1,000 square feet or 3,000 square feet? The dermatologist already had a thriving practice in 1,500 square feet, but its lease was expiring.

Puzzled, Crandall asked why the practice would consider either renting more or less space. Usually, successful tenants ask for more space. Less successful enterprises seek less space. Rarely do they ask for both. The office manager replied that if Democrats' health-care initiative passes, the dermatologist would need less space. If it doesn't, he'll need more.

Now that's hedging your bets on the government.

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