The Medical Office Sector Continues To Hold Steady
Demand for the medical office sector remains high and the tenant base is stable, leading to healthy interest from real estate investors. Known for its stability and resistance to recessions, the sector set record highs for asking rents in 2021 as vacancies decreased—a trend that is expected through the next year and beyond.
Orthopedic Care Partners Expands Footprint In The Villages In Florida With Additional Medical Office Building And Ambulatory Surgery Center
The ASC facility is being developed as a strategic partnership between ValueHealth, The Orthopaedic Institute (TOI) and The Villages and expected to be completed by the end of the 2022 with patient care beginning in 2023. TOI plans to open the medical office building in Brownwood by September 1, 2022.
Laramar Group Acquires UC Health Orchards Medical Center In Loveland, Colorado
The property is located in Loveland, CO, a fast-growing northern suburb of Denver that is experiencing strong population growth and demand for healthcare services. The 41,580 SF building is 100% leased to three investment grade tenants, including UC Health, Colorado’s largest health system.
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