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Healthcare real estate

From Wikipedia, the free encyclopedia

Children's Rehabilitation Center in White Plains, New York
The Williamsburgh Savings Bank Tower
The St. Vincent Heart Center of Indiana

Healthcare real estate is a niche market within the larger real estate industry. Healthcare real estate, or "medical real estate", describes buildings, offices, and campuses leased to members or organizations within the healthcare community.[1]

In the United States

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In the United States, Illinois, Texas, California, and Florida accounted for a third of healthcare construction in 2007, though the practice is also rising among other metropolitan areas.[2] In 2014, 7.1 million square feet of medical office space was developed across the country.[3]

References

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  1. ^ "Medical buildings hot as other real estate softens. (SOUTHERN CALIF.)". Kiplinger California Letter. April 23, 2008. Archived from the original on October 22, 2012. Retrieved November 25, 2008.
  2. ^ "Real estate firm taps med-building niche". San Antonio Business Journal. October 14, 2007. Archived from the original on January 18, 2013.
  3. ^ Friedman, Robyn A. (October 13, 2015). "Speculative Developers Take Medical Projects Off Back Burner". The Wall Street Journal. Retrieved February 8, 2017.