Medical office buildings helping drive outpatient sector growth — 4 insights

A JLL report examined the trends behind the recent healthcare real estate boom, finding that medical office buildings are contributing to the booming outpatient sector, Connect Commercial Real Estate reports.

Advertisement

What you should know:

1. Medical office buildings are selling well in nearly all U.S. markets, despite current U.S. events.

2. Since 2015, medical office building occupancy rates have hovered between 92 percent and 92.5 percent.

3. It’s believed occupancy rates will remain stable for the future, but rent growth opportunities will be limited because of the already high rates.

4. Despite that, medical office building demand has kept operating income steady and should continue to do so through any recession.

More articles on healthcare: 
Minnesota hospital building surgery center through $44M project — 3 insights
New York hospital seeks CON for $10M surgery center — 3 things to know
Cincinnati hospital system drops ASC plan after losing appeal — 5 insights

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.