When writing about the healthcare-property market in the greater Houston area, the first thing we must acknowledge is that Houston is home to the Texas Medical Center (“TMC”), the world’s largest medical center and the eighth largest business district in the U.S. With that comes 50 million developed square feet in the TMC alone, plus additional hospitals and outpatient centers spread throughout the far-reaching suburbs that cater to nearly seven million people (as of last year).
The Houston office market continues to struggle, with vacancy now at the highest rate since 1994 according to a new local research report. Colliers International monitors and identifies commercial property trends to equip businesses to successfully buy, sell, lease, or develop property. The Houston Office Research & Forecast Report is a portal for market indicators, summary statistics, development pipelines, sublease overviews, and skyline views of available space…
Despite more stringent public health requirements than in a traditional high-street setting, food service retailers are realizing the untapped potential that hospital locations offer.
Consumers are looking for efficiency — they want to be able to see a doctor and have an X-ray in the same location. The greatest response to this demand has been the rise of urgent care centers.
The buzz has slowed a bit in the aftermath of the blockbuster deal of 2017, but there are still a few details to be worked out and the transaction is likely to continue to have an impact on the healthcare real estate (HRE) sector in several ways.
The overall average cap rate for outpatient medical buildings has previously remained steady at around 6.7% for a number of quarters.
Dallas-based Stream Realty Partners LP announced June 15 plans for Memorial Medical Pavilion, a new five-story medical office building in the Memorial Villages area.
Hot medical development projects under construction in Bay Area Houston.
Many developers and owners of ambulatory surgical centers (ASC) and medical office buildings (MOB) are physicians or health care operators with entrepreneurial natures
During the past few years, investors have become increasingly interested in the $600B+ US hospital real estate sector.
Each year, Revista updates its size and scope of the US Healthcare Real Estate Sector. We maintain a database of all hospital, medical office (MOB) and other healthcare properties located throughout the continental United States.
Total investment in MOBs fell from $11.6 billion in 2015 to a still-respectable $9.3 billion in 2016. Excluding large-scale portfolio trades, the nature and composition of investment activity was similar in both years.
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