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A new breed of investors are seeing big opportunities in buying up single-tenant properties with a focus on buying medical office buildings and leasing them back to physicians, which have a lower risk of vacancy than restaurants or retail stores.
So-called “medtail” is a growing trend in North Texas, in part due to hospital systems and real estate brokers both transitioning new developments away from large community hospitals and stand-alone healthcare buildings and into pared-down medical centers and retail.
The Vanderbilt University Medical Center partnership with the city represents the first phase of the project, focusing on increasing access to health care services and jobs.
MedSpace USA is a national healthcare real estate development firm based in Florida offering a full range of development services.
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