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With growing demand driven by the country’s aging population and costs to build new medical office buildings have soared, converting some office buildings seems to be just what the doctor ordered.
The goal of the office buildings will be medical-type facilities, but general office use will be considered. The location is situated between Baylor Scott & White Medical Center in Grapevine and Methodist Southlake Medical Center.
Walmart says it is taking a more deliberate approach to expansion. However, the company did ratchet up its expansion plans last year before its more recent slowdown. Walmart previously said it planned to have more than 75 health centers operational by the end of this year. Now, Walmart plans to hit that target in early 2025.
MedSpace USA is a national healthcare real estate development firm based in Florida offering a full range of development services.
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