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The new patient tower features 118,500 square feet of space, 36 additional patient beds and two floors. The project is part of Medical City Healthcare’s plans to invest $1.1 billion into its health care system in North Texas.
Capital markets have changed this year — and medical office isn’t immune to those shifts. Buyers are now taking a closer look at credit, lease terms and location. With inflation looming in everyone’s mind, assets that have strong rent increases are experiencing stronger activity.
Construction on the multispecialty medical office building on the hospital’s campus will begin in 2023, A portion of the 102,000-square-foot building will house The Ascension Saint Thomas Cancer Center, a new cancer partnership with Tennessee Oncology.
MedSpace USA is a national healthcare real estate development firm based in Florida offering a full range of development services.
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10167 NW 31st St #102
Coral Springs FL 33065