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| Colliers International, the third largest global real estate services organization, has completed the sale of a 98,176 square-foot hospital and medical office building located at 10841 White Oak Avenue, Rancho Cucamonga, Calif. for an undisclosed price. More... |
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| An aging population in Orange County means healthcare opportunities for senior providers will continue to rise. The elderly make up 12 percent of the Orange County population of 3.1 million, or about 370,000 residents. By 2035, it is estimated the elderly population in Orange County will nearly double to over 600,000. More... |
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| On March 23rd, 2010, President Obama signed into law the Pataient Protection and Affordable Care Act, otherwise known as the healthcare reform bill. The underlying premise of the nearly 2,000-page, highly debated bill requires all U.S. citizens and legal residents to have health insurance coverage by 2014 or be subject to a tax penalty. More... |
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Orange County’s medical office market has taken some sizable hits during the downturn, but it’s still outperforming the local office market as a whole—at least when it comes to leasing.
The local for-lease medical office market, which totals about 8.2 million square feet of space, ended the second quarter with a vacancy rate of about 11.6%, according to data from the local office of brokerage Colliers International. More... |
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| A 27,000-square-foot medical office building mostly occupied by Kaiser Permanente at 24502 Pacific Park in Aliso Viejo recently sold for $7 million, according to an announcement from Colliers International. More... |
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| By most accounts, the medical office sector has been a star of commercial real estate. It has been holding up better than the rest during the downturn and it outperformed most other areas of the commercial real estate sector during the good times. More... |
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Here are 10 good reasons to enlist an advisor with medical office expertise when looking for an office for your practice.
1. Expertise. You wouldn't go to a dentist for a colonoscopy, would you? You should use the same logic when deciding on a real estate advisor. Medical office advisors are experts in the medical office real estate market. More... |
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| While health care real estate stocks are taking a beating, industry watchers say the long-term prognosis is sound, saved by a large aging population expected to nearly double by 2030. More... |
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The medical office market in Orange County is seeing similar trends to that of other commercial real estate sectors, but not to the same extreme.
One veteran developer still bullish on medical offices is Irvine-based ACS Development Group. More... |
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Since 2005, the development of medical office projects in Orange County has seen a healthy dose of activity.
This significant increase in activity is being fueled by a number of factors, such as an expanding population and that people are simply living longer. More... |