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The Revista 2023 Outpatient Real Estate Development Report report indicated that the volume of MOB projects started or completed in 2022 was down slightly from space started or completed in 2021. However, the newly released 2024 Outpatient Real Estate Development Report shows health systems caught up with the MOB development business in 2023.
The real estate investment trust that is focused on investing in high quality healthcare properties across the continuum of care announced the acquisition of five Class A healthcare facilities located in Arizona and Texas, The portfolio is comprised of four built-to-suit micro-hospitals and one freestanding emergency department, totaling approximately 158,000 square feet on a combined 17.5 acres.
The ongoing expansion of the for-profit HCA will include a 100-bed hospital in Fort Myers that is in planning stages as well as a freestanding emergency room that is under construction, The increasing competition from HCA is among the reasons why Lee Health is considering converting from a public system to a private nonprofit one.
MedSpace USA is a national healthcare real estate development firm based in Florida offering a full range of development services.
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