The medical outpatient sector has demonstrated strong performance, with vacancy rates falling to 7.4% compared to 13.9% in traditional office spaces, marking record-high occupancy and steady demand growth.
Healthcare real estate has proven remarkably robust in recent years. Thanks to supportive demographic trends and steady sector fundamentals, the market is experiencing measured, reliable growth.
According to industry reports, new completions will fall short by about 1 million square feet compared to the 10-year average of 11 million square feet. This supply decline is likely to boost demand and pricing, though effects will vary by market.
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