Market Insights

Market Insights

CASE STUDY | Firefly Pediatrics


With a growing practice, Firefly Pediatrics entered the market looking for options to expand in the Waterford area of Midlothian, a historically tight submarket. After conducting a comprehensive market search across medical and traditional office as well as retail and expansion possibilities, Firefly Pediatrics secured an ideal first-floor space in the desired submarket with a turkey buildout – a rarity for a medical office requirement.

Thalhimer’s Amy Broderick and Kate Hosko provided strategic counseling throughout the process – from evaluating acquisition and development options to weighing lease versus ownership scenarios – and handled the lease negotiations on Firefly’s behalf, leveraging their extensive market knowledge and long-term landlord relationships to secure an off-market space at Waterford One in Midlothian, Virginia.

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