Outlook for future growth in healthcare CRE is positive
February 16, 2021, Commercial Executive Magazine – For healthcare commercial real estate experts Alexandra Loye, senior vice president, and Philip Wurth, executive vice president, there is always an urgency and immediacy to deliver actionable market intelligence and best-in-class value-add services for their clients.
“The Wurth-Loye Healthcare Real Estate Team at Colliers offers clients a holistic approach to healthcare asset management with offerings including acquisition, leasing services, tenant representation, disposition services and property management through Colliers Real Estate Management Services (REMS),” says Loye.
With a combined 25 years of CRE experience and over 1,400 transactions, these two Arizona State University graduates are among the most knowledgeable and distinguished healthcare experts in the region.
“Healthcare is already 17.7% of our national GDP and will only grow as the silver tsunami of baby boomers continue to age,” Loye says. “We are fortunate that we are experiencing huge inward migration, with over 120,000 people of all ages coming to Arizona from July 2019 to July 2020, but particularly people over 65 who require 2.5 times the amount of healthcare.”
“As the population continues to increase significantly every year, healthcare providers must expand to service the growing market,” Wurth says. “There is a lack of high-quality functional medical space and we are focused on site selection in order to build facilities that will meet this need. We currently have new developments underway in East Mesa, Goodyear, Buckeye, Surprise and Deer Valley, as well as construction completed on projects in 2020 in Avondale, Surprise and Gilbert.”
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“The Wurth-Loye Healthcare Real Estate Team at Colliers offers clients a holistic approach to healthcare asset management with offerings including acquisition, leasing services, tenant representation, disposition services and property management through Colliers Real Estate Management Services (REMS),” says Loye.
With a combined 25 years of CRE experience and over 1,400 transactions, these two Arizona State University graduates are among the most knowledgeable and distinguished healthcare experts in the region.
“Healthcare is already 17.7% of our national GDP and will only grow as the silver tsunami of baby boomers continue to age,” Loye says. “We are fortunate that we are experiencing huge inward migration, with over 120,000 people of all ages coming to Arizona from July 2019 to July 2020, but particularly people over 65 who require 2.5 times the amount of healthcare.”
“As the population continues to increase significantly every year, healthcare providers must expand to service the growing market,” Wurth says. “There is a lack of high-quality functional medical space and we are focused on site selection in order to build facilities that will meet this need. We currently have new developments underway in East Mesa, Goodyear, Buckeye, Surprise and Deer Valley, as well as construction completed on projects in 2020 in Avondale, Surprise and Gilbert.”
Click here to read the entire article.
