Wiregrass Ranch Development Update In Pasco County Includes Orlando Health And Talks With Raymond James Financial

A good barometer for patient money. Wiregrass Ranch is entitled for 6 million square feet for office and medical office, 2.7 million for retail, and more than 1,000 hospital beds. Roughly half of that was built in 2019, a year before the pandemic. It is one of a dozen or so master-planned unit developments in Pasco County.

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Cap Rates On The Rise

HRE data firm Revista noted during the firm’s recent conference that MOB cap rates have been on a steady upward march since the 3rd Qtr. of 2022.

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Why MOBs Offer Healthy Investor Appeal

Known for resilience in challenging times, medical office assets are being targeted by a broader swath of capital, and nvestors are viewing medical office as a safe haven in a disrupted environment.