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Q: What’s your thought on retail condos for sale in San Jose, CA?

A: There

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

are a couple retail condo projects in San Jose. The price is about $600-700/SF. The upside is they

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

are in good location where there is a shortage of retail spaces. Retail condos are also available i

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

Florida. The developer targets small business owners who wish to own their own unit. This is a goo

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

d marketing strategy and market niche to get top price for a retail property. However, there are som

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

drawbacks:

Most likely you will have problems financing your purchase because the

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

nit is vacant initially. So you need to purchase in all cash. Even for owner-occupied units, the S

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

BA financing is not favorably low, e.g. 7.5-8% interest as the loan amount is relatively small.

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

With tenant improvement credit to tenant and leasing fee, the cost is close to $700/SF. To get 6%

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

cap, you will need to lease it at $3.50/SF plus NNN. This is on the high side of fair market rent f

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

r retail space. So you experience high turn over rate.

To maximize profits, the developer ten

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

ds to provide a minimum number of parking spaces, e.g. 4/1000 SF. The parking spaces tend to be 6.5

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

wide for compact cars. As a result, the center may not attract affluent customers driving big expe

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

sive cars like Benz or Lexus.

In a retail condo project, you don’t have control about other t

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

enants’ businesses. If your tenant has a good business, others can open the same business next door

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

to compete & take your tenant out of business. So you may see 2 nail salons, 4 real estate offices,

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

and 3 cellular phone tenants in a 20 unit retail condo complex. Besides, if other units around your

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

unit have businesses that need a lot of parking spaces like restaurants, you may have problem leasi

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

g your unit. Your tenants could also lose business because the customers cannot find parking spaces

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

Have a question about commercial real estate investment? Email to davidvtran@yahoo.com

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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Have you ever asked your self why you work so hard and those around you just do not seem to take work seriously? It is almost as if they could careless if the company succeeds or fails, as all they want to do it get paid. As long as they get a paycheck for showing up and doing halfass work they just do not care one bit.

I have been reading articles on increasing sales using search engine optimisation as well as writing them for a very long time and I have not seen many which point out the best way to increase sales.

Import duties continue to be significant elements in the cost of international trade. Yet many companies and businesses still pay more duties than the law requires – which impacts adversely on landed...

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