Many satellite healthcare campuses are now under multimillion-dollar expansions as they increasingly stand on their own for specialized care rather than as feeder hospitals.
According to a late December report from CBRE, the firm points to tight market conditions and the completion of new, high-quality space as reasons for the continued rent increases for medical offices. CLICK ON THE HEADLINE FOR MORE
Under construction since May 2017, the 90,000-square-foot tower includes a 30-room emergency department, a 28-bed intensive care unit and a rooftop helipad for easier access to the ER. CLICK ON THE HEADLINE FOR MORE
Three floors will be dedicated to Class A medical office space; the ground floor will house convenience retail and restaurant uses; and the rooftop will offer wellness/fitness and entertainment options.