Office, Retail Owners Look To Fill Vacancy With Healthcare: It Often Doesn’t Work

The prospect of leasing to health systems is especially attractive to office and retail owners that experienced rising vacancy during the pandemic. While landlords are expressing more interest, it is often difficult to convert the space into medical use.

Related Cos. Buying Stake In CareMax To Develop Senior Health Centers

CareMax serves 65,000 people with its 42 Florida medical centers — about 22,000 of which are seniors — and will use the investment to expand its centers into Texas, Tennessee, New York and other states

Suburban Medical Office Pricing Is At A Premium

With better growth opportunities, investors turned towards the medical office sector. Now pricing is at a premium relative to suburban offices, according to a recent analysis.