The expansion is an answer to increased demand at the hospital and will add patient beds, jobs and care for cancer patients. The project is planned to be finished by April 2026, and 131,700 square feet will be added to its C Tower.
Medical office investment remains highly desirable as the underlying market dynamics for leasing and resale remain strong. Despite reduced transaction volume, the U.S. MOB sector is showing resilience in the face of economic uncertainty.
The anticipated growth is driven by increasing patient preference for outpatient care, advancements in medical technology, and a rising focus on cost-effective healthcare solutions. This robust growth highlights the growing importance of outpatient clinics in the healthcare system.
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