Great Expressions Dental Care
Multi-Building Portfolio
Great Expressions Dental Care
Multi-Building Portfolio
LOCATION
Atlanta Area
SIZE
45 Sites
TYPE
Medical
LOCATION
Atlanta Area
SIZE
45 Sites
TYPE
Medical
SITUATION
With 45 locations across the Atlanta market, Great Expressions Dental Centers needed a more strategic approach to managing its real estate portfolio. The organization engaged Michael Ulin to provide market expertise, identify inefficiencies, and drive a cohesive negotiation strategy that reduced occupancy cost across multiple offices.
RESULTS
We developed standardized criteria to evaluate space utilization, operational flow, and financial performance for each location. This enabled Great Expressions to make consistent, data-driven real estate decisions across the portfolio.
SERVICES PROVIDED
- One of the most impactful results came from the Fayetteville location where we were able to eliminate 9,800 SF of unused administrative space.
- Returned the excess space to the landlord, eliminating unnecessary cost
- Reset market terms on the remaining practice area
- $700,000+ in relieved lease obligation and avoided capital expense
- $193,000 net rent savings after restructuring the lease
- Significant landlord-funded improvements with no out-of-pocket capital
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