Several factors continue to drive the medical office trend. The country’s aging population requires more medical care, and hospitals have been on a building binge for the past five years, spawning development of neighboring medical offices. Physicians and healthcare groups are also moving smaller stand-alone facilities closer to patients in suburban markets.

According to a recent study by Marcus & Millichap, the long-term outlook for the medical office market looks bright. “Once viewed as a higher-risk specialty asset, medical office properties have clearly become main stream for private and institutional investors,” notes the report. “Long-term leases and low tenant turnover, combined with a stable market outlook and advancing medical technology, point to a positive future.”

Alex Zylberglait provides commercial real estate investment advisory as well as research, estate planning, asset allocation, valuation, financing, special assets services, transaction advisory and commercial property acquisition and disposition services.

One Response to “Repositioning to Medical Office – 2”

1. tricia woods says:

   February 19, 2010 at 10:04 pm

   another increasing trend that would drive up the need for more commercial space alongside medical offices is the growth of the health and fitness industry… from yoga clubs, to fitness spas, i think that this industry will grow more as people spend for such services as the economy recovers

Leave a Reply

Cancel Reply

Name (required)

Mail (will not be published) (required)

Web site

CAPTCHA Code