Building, Selling Medical Office Buildings? Expect to be Plenty Busy
August 23, 2017 | Dan Rafter | REJournals.com
Developers specializing in medical office buildings should have plenty of work in the coming years, according to the latest research from CBRE.
CBRE recently released its 2017 medical office and health care report, and it contained plenty of good news for the developers and brokers who work in the healthcare sector.
CBRE said that the aging U.S. population, combined with pressure for healthcare providers to lower costs, mean that demand for medical office properties is on the rise. This will keep developers and brokers in this sector busy.
“The steep increase in the 65-plus population and anticipated greater need for in-office physician services by this group signals a continued increase in demand for healthcare services and medical office space in the years ahead,” said Andrea Cross,” head of office research for the Americas for CBRE, in a written statement.